DGS Capital Management LLC Cuts Stock Position in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

DGS Capital Management LLC lowered its holdings in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) by 3.9% during the 4th quarter, Holdings Channel reports. The firm owned 9,284 shares of the semiconductor company’s stock after selling 377 shares during the period. DGS Capital Management LLC’s holdings in ChipMOS TECHNOLOGIES were worth $253,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of IMOS. BlackRock Inc. boosted its position in ChipMOS TECHNOLOGIES by 17.7% in the first quarter. BlackRock Inc. now owns 98,198 shares of the semiconductor company’s stock worth $3,489,000 after purchasing an additional 14,773 shares during the last quarter. LSV Asset Management boosted its position in ChipMOS TECHNOLOGIES by 65.9% in the first quarter. LSV Asset Management now owns 6,800 shares of the semiconductor company’s stock worth $242,000 after purchasing an additional 2,700 shares during the last quarter. Renaissance Group LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 7.3% during the 1st quarter. Renaissance Group LLC now owns 32,696 shares of the semiconductor company’s stock valued at $1,162,000 after buying an additional 2,235 shares during the last quarter. Vident Investment Advisory LLC purchased a new position in shares of ChipMOS TECHNOLOGIES during the 1st quarter valued at $241,000. Finally, Evergreen Capital Management LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 13.9% during the 1st quarter. Evergreen Capital Management LLC now owns 6,812 shares of the semiconductor company’s stock valued at $242,000 after buying an additional 833 shares during the last quarter. Hedge funds and other institutional investors own 7.39% of the company’s stock.

ChipMOS TECHNOLOGIES Stock Down 1.2 %

Shares of NASDAQ IMOS opened at $28.78 on Wednesday. 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 one year low of $21.58 and a one year high of $32.19. The stock has a market capitalization of $1.05 billion, a PE ratio of 17.44 and a beta of 0.92. The business’s fifty day moving average price is $29.67 and its 200-day moving average price is $27.09.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last released its quarterly earnings data on Thursday, February 22nd. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. ChipMOS TECHNOLOGIES had a return on equity of 7.62% and a net margin of 8.85%. The company had revenue of $187.00 million for the quarter, compared to analyst estimates of $175.31 million. During the same period in the previous year, the company posted $0.22 EPS. The firm’s revenue for the quarter was up 22.2% compared to the same quarter last year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut ChipMOS TECHNOLOGIES from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 11th.

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.