Oppenheimer Asset Management Inc. boosted its position in Advanced Semiconductor Engnrng Inc (NYSE:ASX) by 19.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 377,256 shares of the semiconductor company’s stock after purchasing an additional 61,299 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Advanced Semiconductor Engnrng were worth $2,331,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in ASX. First Republic Investment Management Inc. increased its position in Advanced Semiconductor Engnrng by 8.6% during the 3rd quarter. First Republic Investment Management Inc. now owns 144,835 shares of the semiconductor company’s stock valued at $895,000 after buying an additional 11,506 shares in the last quarter. Nomura Asset Management Co. Ltd. acquired a new stake in shares of Advanced Semiconductor Engnrng during the third quarter worth about $828,000. Envestnet Asset Management Inc. increased its position in shares of Advanced Semiconductor Engnrng by 328.2% during the third quarter. Envestnet Asset Management Inc. now owns 534,773 shares of the semiconductor company’s stock worth $3,304,000 after purchasing an additional 409,885 shares in the last quarter. Stifel Financial Corp increased its position in shares of Advanced Semiconductor Engnrng by 353.2% during the third quarter. Stifel Financial Corp now owns 88,207 shares of the semiconductor company’s stock worth $547,000 after purchasing an additional 68,742 shares in the last quarter. Finally, OxFORD Asset Management LLP increased its position in shares of Advanced Semiconductor Engnrng by 37.0% during the third quarter. OxFORD Asset Management LLP now owns 71,494 shares of the semiconductor company’s stock worth $438,000 after purchasing an additional 19,316 shares in the last quarter. 5.82% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Advanced Semiconductor Engnrng Inc (NYSE ASX) opened at $6.39 on Monday. The company has a current ratio of 1.37, a quick ratio of 1.00 and a debt-to-equity ratio of 0.25. Advanced Semiconductor Engnrng Inc has a 52-week low of $4.89 and a 52-week high of $7.52. The company has a market capitalization of $10,573.59, a PE ratio of 13.89, a PEG ratio of 2.37 and a beta of 0.56.

Advanced Semiconductor Engnrng (NYSE:ASX) last posted its earnings results on Friday, October 27th. The semiconductor company reported $0.12 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.12. The business had revenue of $2.44 billion for the quarter. Advanced Semiconductor Engnrng had a return on equity of 13.80% and a net margin of 8.74%. research analysts forecast that Advanced Semiconductor Engnrng Inc will post 0.42 EPS for the current fiscal year.

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Advanced Semiconductor Engnrng Company Profile

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 Engnrng (NYSE:ASX)

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