ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Stock Position Increased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its position in shares of ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) by 1.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,639 shares of the semiconductor company’s stock after buying an additional 1,592 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in ChipMOS TECHNOLOGIES were worth $3,605,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IMOS. HBK Sorce Advisory LLC bought a new stake in ChipMOS TECHNOLOGIES during the first quarter worth approximately $201,000. BNP Paribas Financial Markets acquired a new position in shares of ChipMOS TECHNOLOGIES in the 1st quarter worth $42,000. JNBA Financial Advisors acquired a new stake in shares of ChipMOS TECHNOLOGIES during the first quarter worth $31,000. Ballentine Partners LLC lifted its holdings in shares of ChipMOS TECHNOLOGIES by 47.6% during the first quarter. Ballentine Partners LLC now owns 13,480 shares of the semiconductor company’s stock valued at $424,000 after purchasing an additional 4,348 shares during the last quarter. Finally, Renaissance Group LLC boosted its position in shares of ChipMOS TECHNOLOGIES by 6.7% in the 4th quarter. Renaissance Group LLC now owns 105,227 shares of the semiconductor company’s stock valued at $2,863,000 after purchasing an additional 6,581 shares during the period. 7.39% of the stock is owned by institutional investors and hedge funds.

ChipMOS TECHNOLOGIES Stock Down 1.5 %

ChipMOS TECHNOLOGIES stock traded down $0.37 during mid-day trading on Wednesday, hitting $24.52. The company’s stock had a trading volume of 10,646 shares, compared to its average volume of 18,739. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.38 and a quick ratio of 3.04. ChipMOS TECHNOLOGIES INC. has a 52-week low of $21.58 and a 52-week high of $32.19. The firm’s 50 day moving average is $26.76 and its 200 day moving average is $27.98. The company has a market cap of $891.55 million, a PE ratio of 13.36 and a beta of 0.88.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last posted its quarterly earnings results on Thursday, May 9th. The semiconductor company reported $0.38 EPS for the quarter, hitting the consensus estimate of $0.38. The business had revenue of $169.70 million during the quarter, compared to analysts’ expectations of $163.30 million. ChipMOS TECHNOLOGIES had a net margin of 9.62% and a return on equity of 8.60%. The firm’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same period last year, the company posted $0.28 earnings per share.

ChipMOS TECHNOLOGIES Cuts Dividend

The company also recently announced an annual dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, June 27th will be paid a $0.858 dividend. The ex-dividend date is Thursday, June 27th. This represents a yield of 3.17%. ChipMOS TECHNOLOGIES’s dividend payout ratio (DPR) is currently 45.95%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded ChipMOS TECHNOLOGIES from a “buy” rating to a “strong-buy” rating in a report on Wednesday.

ChipMOS TECHNOLOGIES Profile

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in the People's Republic of China, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.