Northern Trust Corp raised its stake in Advanced Semiconductor Engineering, Inc. (NYSE:ASX) by 0.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,051,071 shares of the semiconductor company’s stock after purchasing an additional 1,168 shares during the quarter. Northern Trust Corp owned approximately 0.06% of Advanced Semiconductor Engineering worth $6,632,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ASX. JPMorgan Chase & Co. grew its stake in Advanced Semiconductor Engineering by 18.5% in the first quarter. JPMorgan Chase & Co. now owns 338,921 shares of the semiconductor company’s stock valued at $2,196,000 after purchasing an additional 52,807 shares in the last quarter. Morgan Stanley grew its stake in Advanced Semiconductor Engineering by 2.5% in the first quarter. Morgan Stanley now owns 813,167 shares of the semiconductor company’s stock valued at $5,269,000 after purchasing an additional 20,137 shares in the last quarter. Paloma Partners Management Co bought a new position in Advanced Semiconductor Engineering in the first quarter valued at approximately $153,000. Goldman Sachs Group Inc. grew its stake in Advanced Semiconductor Engineering by 725.9% in the first quarter. Goldman Sachs Group Inc. now owns 269,794 shares of the semiconductor company’s stock valued at $1,748,000 after purchasing an additional 237,127 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its stake in Advanced Semiconductor Engineering by 10.7% in the first quarter. Nuveen Asset Management LLC now owns 40,689 shares of the semiconductor company’s stock valued at $258,000 after purchasing an additional 3,944 shares in the last quarter. Hedge funds and other institutional investors own 5.87% of the company’s stock.

Separately, Zacks Investment Research cut Advanced Semiconductor Engineering from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st.

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Shares of Advanced Semiconductor Engineering, Inc. (NYSE:ASX) opened at $6.15 on Tuesday. Advanced Semiconductor Engineering, Inc. has a 52-week low of $4.89 and a 52-week high of $6.70. The stock has a market capitalization of $10,176.46, a P/E ratio of 13.37, a PEG ratio of 2.28 and a beta of 0.53. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.37 and a quick ratio of 1.00.

Advanced Semiconductor Engineering (NYSE:ASX) last released its quarterly earnings data on Friday, October 27th. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.12. Advanced Semiconductor Engineering had a return on equity of 13.80% and a net margin of 8.74%. The company had revenue of $2.44 billion during the quarter. sell-side analysts anticipate that Advanced Semiconductor Engineering, Inc. will post 0.42 EPS for the current year.

About Advanced Semiconductor Engineering

Advanced Semiconductor Engineering, Inc is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services.

Institutional Ownership by Quarter for Advanced Semiconductor Engineering (NYSE:ASX)

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