Northern Trust Corp boosted its position in Semiconductor Manufacturing Int’l (NYSE:SMI) by 13.4% in the second quarter, HoldingsChannel reports. The firm owned 100,692 shares of the semiconductor company’s stock after buying an additional 11,932 shares during the quarter. Northern Trust Corp’s holdings in Semiconductor Manufacturing Int’l were worth $654,000 as of its most recent SEC filing.

Separately, Opera Trading Capital bought a new stake in shares of Semiconductor Manufacturing Int’l in the second quarter worth $650,000. Institutional investors own 0.49% of the company’s stock.

SMI has been the topic of several analyst reports. ValuEngine raised shares of Semiconductor Manufacturing Int’l from a “hold” rating to a “buy” rating in a research note on Thursday, August 9th. Zacks Investment Research lowered shares of Semiconductor Manufacturing Int’l from a “buy” rating to a “hold” rating in a report on Thursday, November 15th. Finally, Morgan Stanley lowered shares of Semiconductor Manufacturing Int’l from an “equal weight” rating to an “underweight” rating in a report on Friday, September 21st. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The company has an average rating of “Hold” and a consensus target price of $4.75.

Shares of NYSE SMI opened at $4.55 on Friday. Semiconductor Manufacturing Int’l has a 1-year low of $3.74 and a 1-year high of $8.70. The stock has a market cap of $4.34 billion, a PE ratio of 31.13, a P/E/G ratio of 62.27 and a beta of 0.32. The company has a current ratio of 2.10, a quick ratio of 1.82 and a debt-to-equity ratio of 0.30.

Semiconductor Manufacturing Int’l (NYSE:SMI) last announced its quarterly earnings data on Wednesday, November 7th. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. Semiconductor Manufacturing Int’l had a net margin of 4.06% and a return on equity of 1.87%. The firm had revenue of $850.66 million for the quarter, compared to analyst estimates of $846.44 million. During the same quarter in the prior year, the business earned $0.03 earnings per share. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Equities analysts anticipate that Semiconductor Manufacturing Int’l will post 0.08 EPS for the current year.

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Semiconductor Manufacturing Int’l Company Profile

Semiconductor Manufacturing International Corporation, an investment holding company, engages in the computer-aided design, manufacture, testing, packaging, and trading of integrated circuits (IC) and other semiconductor services. The company offers various types of semiconductors, including logic, mixed-signal and radio frequency, power IC, microprocessor, memory related, optoelectronics, other sensors, discrete, and others.

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Institutional Ownership by Quarter for Semiconductor Manufacturing Int`l (NYSE:SMI)

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