Siliconware Precision Industries (SPIL) Downgraded to “Hold” at BidaskClub

BidaskClub cut shares of Siliconware Precision Industries (NASDAQ:SPIL) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

Separately, ValuEngine downgraded Siliconware Precision Industries from a buy rating to a hold rating in a report on Friday.

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Siliconware Precision Industries stock opened at $8.66 on Friday. Siliconware Precision Industries has a fifty-two week low of $7.70 and a fifty-two week high of $8.75. The company has a quick ratio of 1.64, a current ratio of 1.87 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $5,421.84, a PE ratio of 29.00 and a beta of 0.33.

Siliconware Precision Industries (NASDAQ:SPIL) last posted its earnings results on Friday, January 26th. The semiconductor company reported $0.08 earnings per share for the quarter. Siliconware Precision Industries had a return on equity of 10.27% and a net margin of 8.28%. The business had revenue of $718.17 million during the quarter.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC purchased a new stake in Siliconware Precision Industries during the 4th quarter valued at approximately $1,638,000. Aperio Group LLC raised its stake in Siliconware Precision Industries by 5.7% during the 4th quarter. Aperio Group LLC now owns 2,118,278 shares of the semiconductor company’s stock valued at $17,815,000 after acquiring an additional 113,796 shares during the last quarter. Eqis Capital Management Inc. raised its stake in Siliconware Precision Industries by 9.4% during the 4th quarter. Eqis Capital Management Inc. now owns 148,568 shares of the semiconductor company’s stock valued at $1,249,000 after acquiring an additional 12,780 shares during the last quarter. Naples Global Advisors LLC raised its stake in Siliconware Precision Industries by 8.7% during the 4th quarter. Naples Global Advisors LLC now owns 98,248 shares of the semiconductor company’s stock valued at $826,000 after acquiring an additional 7,833 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in Siliconware Precision Industries by 7.9% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 527,100 shares of the semiconductor company’s stock valued at $4,433,000 after acquiring an additional 38,440 shares during the last quarter. 2.74% of the stock is owned by hedge funds and other institutional investors.

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Siliconware Precision Industries Company Profile

Siliconware Precision Industries Co, Ltd. provides semiconductor packaging and testing services in the United States, China, Taiwan, Europe, and internationally. It provides packaging and testing solutions, including advanced packages, substrate packages, and lead-frame packages, as well as testing for logic and mixed signal devices to measure and ensure the performance, functionality, and reliability of packaged semiconductor devices.

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