OZ Management LP acquired a new stake in Advanced Semiconductor Engineering, Inc. (NYSE:ASX) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 98,443 shares of the semiconductor company’s stock, valued at approximately $621,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Earnest Partners LLC boosted its position in shares of Advanced Semiconductor Engineering by 6.2% in the first quarter. Earnest Partners LLC now owns 8,654,330 shares of the semiconductor company’s stock valued at $56,080,000 after buying an additional 503,578 shares during the last quarter. Schafer Cullen Capital Management Inc. boosted its position in shares of Advanced Semiconductor Engineering by 497.3% in the first quarter. Schafer Cullen Capital Management Inc. now owns 7,442,283 shares of the semiconductor company’s stock valued at $48,226,000 after buying an additional 6,196,241 shares during the last quarter. Sei Investments Co. boosted its position in shares of Advanced Semiconductor Engineering by 5.8% in the second quarter. Sei Investments Co. now owns 5,192,313 shares of the semiconductor company’s stock valued at $32,763,000 after buying an additional 285,741 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Advanced Semiconductor Engineering by 7.6% in the first quarter. Bank of America Corp DE now owns 2,562,227 shares of the semiconductor company’s stock valued at $16,603,000 after buying an additional 181,567 shares during the last quarter. Finally, Renaissance Group LLC boosted its position in shares of Advanced Semiconductor Engineering by 4.5% in the second quarter. Renaissance Group LLC now owns 2,355,747 shares of the semiconductor company’s stock valued at $14,865,000 after buying an additional 101,534 shares during the last quarter. Hedge funds and other institutional investors own 5.85% of the company’s stock.

Shares of Advanced Semiconductor Engineering, Inc. (NYSE:ASX) traded down 0.734% on Wednesday, reaching $6.085. The company had a trading volume of 140,068 shares. The firm has a market capitalization of $9.88 billion, a P/E ratio of 13.674 and a beta of 0.53. Advanced Semiconductor Engineering, Inc. has a 52 week low of $4.89 and a 52 week high of $6.70. The company’s 50-day moving average price is $6.38 and its 200 day moving average price is $6.29.

Advanced Semiconductor Engineering (NYSE:ASX) last issued its quarterly earnings data on Friday, July 28th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.07. The business had revenue of $2.18 billion during the quarter. Advanced Semiconductor Engineering had a return on equity of 14.06% and a net margin of 8.48%. On average, analysts expect that Advanced Semiconductor Engineering, Inc. will post $0.44 EPS for the current year.

The firm also recently disclosed a dividend, which was paid on Friday, August 11th. Stockholders of record on Friday, August 11th were given a dividend of $0.164 per share. The ex-dividend date was Wednesday, August 9th. Advanced Semiconductor Engineering’s dividend payout ratio is presently 36.36%.

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Several brokerages recently weighed in on ASX. Zacks Investment Research cut Advanced Semiconductor Engineering from a “buy” rating to a “sell” rating in a research report on Tuesday, May 2nd. BidaskClub upgraded Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st.

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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