NINE MASTS CAPITAL Ltd lowered its position in shares of Advanced Semiconductor Engineering, Inc. (NYSE:ASX) by 53.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 775,800 shares of the semiconductor company’s stock after selling 883,066 shares during the period. Advanced Semiconductor Engineering accounts for 0.6% of NINE MASTS CAPITAL Ltd’s portfolio, making the stock its 29th biggest holding. NINE MASTS CAPITAL Ltd’s holdings in Advanced Semiconductor Engineering were worth $4,979,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new position in shares of Advanced Semiconductor Engineering during the first quarter worth about $227,000. Oppenheimer Asset Management Inc. bought a new position in shares of Advanced Semiconductor Engineering during the first quarter worth about $1,705,000. Oxford Asset Management bought a new position in shares of Advanced Semiconductor Engineering during the first quarter worth about $1,762,000. Renaissance Technologies LLC grew its position in shares of Advanced Semiconductor Engineering by 1.1% during the first quarter. Renaissance Technologies LLC now owns 2,031,779 shares of the semiconductor company’s stock worth $13,166,000 after acquiring an additional 21,200 shares during the last quarter. Finally, Earnest Partners LLC grew its position in shares of Advanced Semiconductor Engineering by 6.2% during the first quarter. Earnest Partners LLC now owns 8,654,330 shares of the semiconductor company’s stock worth $56,080,000 after acquiring an additional 503,578 shares during the last quarter. Institutional investors and hedge funds own 5.85% of the company’s stock.

Advanced Semiconductor Engineering, Inc. (ASX) traded up 0.34% during trading on Friday, hitting $5.99. 1,330,265 shares of the stock traded hands. Advanced Semiconductor Engineering, Inc. has a one year low of $4.89 and a one year high of $6.70. The company has a 50-day moving average price of $6.22 and a 200 day moving average price of $6.29. The stock has a market cap of $9.72 billion, a PE ratio of 13.46 and a beta of 0.52.

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, beating the Zacks’ consensus estimate of $0.08 by $0.07. The company 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%. Analysts expect that Advanced Semiconductor Engineering, Inc. will post $0.44 earnings per share for the current year.

The firm also recently declared a None dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 11th were issued a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, August 9th. Advanced Semiconductor Engineering’s dividend payout ratio is 36.36%.

ASX has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. BidaskClub upgraded shares of Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st.

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Advanced Semiconductor Engineering 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 Engineering (NYSE:ASX)

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