BidaskClub downgraded shares of Siliconware Precision Industries Company, Ltd. (NASDAQ:SPIL) from a sell rating to a strong sell rating in a report published on Thursday.

Separately, ValuEngine raised shares of Siliconware Precision Industries from a hold rating to a buy rating in a research note on Saturday, June 24th.

Siliconware Precision Industries (NASDAQ:SPIL) last announced its quarterly earnings data on Tuesday, July 25th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by $0.70. Siliconware Precision Industries had a net margin of 10.29% and a return on equity of 13.18%. The company had revenue of $20.42 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the prior year, the firm earned $0.90 earnings per share. The firm’s quarterly revenue was down 5.8% on a year-over-year basis.

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The firm also recently announced an annual dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 4th will be issued a dividend of $0.2877 per share. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a dividend yield of 3.53%.

Institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its position in Siliconware Precision Industries by 21.0% in the first quarter. Ameriprise Financial Inc. now owns 13,847 shares of the semiconductor company’s stock valued at $112,000 after buying an additional 2,401 shares during the last quarter. Cypress Wealth Advisors LLC raised its position in Siliconware Precision Industries by 19.0% in the first quarter. Cypress Wealth Advisors LLC now owns 15,091 shares of the semiconductor company’s stock valued at $122,000 after buying an additional 2,409 shares during the last quarter. Parallel Advisors LLC raised its position in Siliconware Precision Industries by 16.1% in the first quarter. Parallel Advisors LLC now owns 15,217 shares of the semiconductor company’s stock valued at $123,000 after buying an additional 2,111 shares during the last quarter. Signaturefd LLC raised its position in Siliconware Precision Industries by 20.7% in the first quarter. Signaturefd LLC now owns 15,281 shares of the semiconductor company’s stock valued at $124,000 after buying an additional 2,616 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new position in Siliconware Precision Industries during the first quarter valued at $259,000. Institutional investors and hedge funds own 3.24% of the company’s stock.

Siliconware Precision Industries Company Profile

Siliconware Precision Industries Co, Ltd. is a Taiwan-based company mainly engaged in the provision of packaging and testing services of integrated circuits (ICs) and related products. The Company’s businesses include the manufacture, processing, assembly, testing and importing and exporting of ICs, transistors, light emitting diode (LED) digital displays, LED lights, liquid crystal display (LCD) clock cores, phototransistors, synthesis circuits, as well as thin film circuits and thick film circuits.

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