Dimensional Fund Advisors LP boosted its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 7.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,969,724 shares of the semiconductor company’s stock after purchasing an additional 991,891 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.85% of Amkor Technology worth $136,485,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Virtu KCG Holdings LLC bought a new position in Amkor Technology in the 2nd quarter worth about $523,000. Suntrust Banks Inc. boosted its stake in Amkor Technology by 3.2% in the 2nd quarter. Suntrust Banks Inc. now owns 19,633 shares of the semiconductor company’s stock worth $191,000 after purchasing an additional 600 shares during the period. Vanguard Group Inc. boosted its stake in Amkor Technology by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 13,289,262 shares of the semiconductor company’s stock worth $129,836,000 after purchasing an additional 405,622 shares during the period. Northern Trust Corp boosted its stake in Amkor Technology by 2.0% in the 2nd quarter. Northern Trust Corp now owns 3,199,932 shares of the semiconductor company’s stock worth $31,264,000 after purchasing an additional 63,265 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in Amkor Technology by 187.7% in the 2nd quarter. New York State Common Retirement Fund now owns 580,514 shares of the semiconductor company’s stock worth $5,672,000 after purchasing an additional 378,743 shares during the period. Institutional investors and hedge funds own 38.69% of the company’s stock.

Amkor Technology, Inc. (NASDAQ AMKR) opened at 10.55 on Friday. Amkor Technology, Inc. has a 52 week low of $8.32 and a 52 week high of $12.48. The firm has a 50-day moving average price of $8.97 and a 200 day moving average price of $10.54. The company has a market cap of $2.52 billion, a P/E ratio of 9.52 and a beta of 2.59.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, July 31st. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.03. Amkor Technology had a return on equity of 12.95% and a net margin of 6.63%. The business had revenue of $989.00 million during the quarter, compared to analyst estimates of $996.10 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. Amkor Technology’s revenue for the quarter was up 7.9% on a year-over-year basis. Analysts expect that Amkor Technology, Inc. will post $0.54 EPS for the current fiscal year.

Several research analysts have commented on the company. BidaskClub downgraded Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. ValuEngine upgraded Amkor Technology from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Deutsche Bank AG restated a “hold” rating and issued a $10.50 target price (down previously from $12.00) on shares of Amkor Technology in a research note on Tuesday, August 1st. Finally, Zacks Investment Research downgraded Amkor Technology from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. Three equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $12.25.

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Amkor Technology Profile

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance.

Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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