Dynamic Technology Lab Private Ltd Acquires New Position in Advanced Semiconductor Engnrng Inc (NYSE:ASX)

Dynamic Technology Lab Private Ltd purchased a new stake in Advanced Semiconductor Engnrng Inc (NYSE:ASX) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 100,508 shares of the semiconductor company’s stock, valued at approximately $621,000.

Several other hedge funds have also recently made changes to their positions in ASX. BNP Paribas Arbitrage SA increased its position in shares of Advanced Semiconductor Engnrng by 95.0% in the third quarter. BNP Paribas Arbitrage SA now owns 17,597 shares of the semiconductor company’s stock valued at $109,000 after buying an additional 8,574 shares in the last quarter. Empirical Finance LLC increased its position in shares of Advanced Semiconductor Engnrng by 24.4% in the second quarter. Empirical Finance LLC now owns 17,341 shares of the semiconductor company’s stock valued at $110,000 after buying an additional 3,396 shares in the last quarter. FDx Advisors Inc. purchased a new position in shares of Advanced Semiconductor Engnrng in the third quarter valued at $110,000. Stifel Financial Corp boosted its stake in shares of Advanced Semiconductor Engnrng by 71.9% during the second quarter. Stifel Financial Corp now owns 19,465 shares of the semiconductor company’s stock valued at $123,000 after acquiring an additional 8,140 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Advanced Semiconductor Engnrng by 106.0% during the second quarter. PNC Financial Services Group Inc. now owns 22,281 shares of the semiconductor company’s stock valued at $141,000 after acquiring an additional 11,466 shares during the last quarter. Institutional investors and hedge funds own 5.82% of the company’s stock.

Shares of Advanced Semiconductor Engnrng Inc (ASX) opened at $6.40 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.00 and a current ratio of 1.37. The company has a market capitalization of $10,705.97, a price-to-earnings ratio of 14.06, a P/E/G ratio of 2.40 and a beta of 0.56. Advanced Semiconductor Engnrng Inc has a 52 week low of $4.89 and a 52 week high of $7.52.

Advanced Semiconductor Engnrng (NYSE:ASX) last posted its quarterly earnings data on Friday, October 27th. The semiconductor company reported $0.12 EPS for the quarter, meeting analysts’ consensus estimates 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 expect that Advanced Semiconductor Engnrng Inc will post 0.42 EPS for the current year.

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

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Advanced Semiconductor Engnrng 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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