California Public Employees Retirement System Trims Stake in ChipMOS Technologies Inc – (IMOS)

California Public Employees Retirement System lowered its holdings in ChipMOS Technologies Inc – (NASDAQ:IMOS) by 15.0% during the 4th quarter, Holdings Channel reports. The firm owned 44,637 shares of the semiconductor company’s stock after selling 7,883 shares during the quarter. California Public Employees Retirement System’s holdings in ChipMOS Technologies were worth $746,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IMOS. Parallel Advisors LLC raised its holdings in shares of ChipMOS Technologies by 1,326.5% in the 4th quarter. Parallel Advisors LLC now owns 13,224 shares of the semiconductor company’s stock worth $221,000 after purchasing an additional 12,297 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in ChipMOS Technologies by 8.4% during the third quarter. Dimensional Fund Advisors LP now owns 144,243 shares of the semiconductor company’s stock valued at $2,211,000 after purchasing an additional 11,135 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in ChipMOS Technologies by 0.9% during the third quarter. Renaissance Technologies LLC now owns 1,680,445 shares of the semiconductor company’s stock worth $25,761,000 after buying an additional 14,900 shares in the last quarter. 6.14% of the stock is currently owned by institutional investors.

Separately, BidaskClub raised ChipMOS Technologies from a “hold” rating to a “buy” rating in a report on Thursday, December 27th.

IMOS opened at $17.69 on Friday. The firm has a market cap of $639.23 million, a PE ratio of 18.28 and a beta of 0.47. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.29 and a quick ratio of 1.95. ChipMOS Technologies Inc – has a fifty-two week low of $12.26 and a fifty-two week high of $18.41.

ChipMOS Technologies (NASDAQ:IMOS) last announced its earnings results on Thursday, March 7th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.09. ChipMOS Technologies had a return on equity of 6.00% and a net margin of 5.91%. The company had revenue of $4.97 billion for the quarter, compared to analyst estimates of $5.02 billion. ChipMOS Technologies’s revenue for the quarter was up 12.8% compared to the same quarter last year.

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ChipMOS Technologies Company Profile

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high integration and high precision integrated circuits, and related assembly and testing services. It provides a range of back-end assembly and test services, including engineering test, wafer probing and final test of memory and logic/mixed-signal semiconductors, as well as leadframe-and organic substrate-based package assembly services for memory and logic/mixed-signal semiconductors; and gold bumping, reel to reel assembly, and test services for LCD and other flat-panel display driver semiconductors.

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Institutional Ownership by Quarter for ChipMOS Technologies (NASDAQ:IMOS)

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