Advanced Semiconductor Engineering (NYSE:ASX)’s share price reached a new 52-week high on Monday . The stock traded as high as $6.19 and last traded at $6.02, with a volume of 859,952 shares changing hands. The stock had previously closed at $5.75.

Several equities analysts have weighed in on ASX shares. Jefferies Group raised Advanced Semiconductor Engineering to a “neutral” rating in a research report on Monday. Nomura raised Advanced Semiconductor Engineering from a “neutral” rating to a “buy” rating in a research report on Thursday, May 26th. TheStreet raised Advanced Semiconductor Engineering from a “hold” rating to a “buy” rating in a research report on Monday, June 20th. Finally, Zacks Investment Research raised Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a research report on Tuesday, July 5th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $6.75.

The company has a 50-day moving average price of $5.57 and a 200 day moving average price of $5.41. The company has a market capitalization of $9.33 billion and a price-to-earnings ratio of 16.68.

The firm also recently announced an annual dividend, which will be paid on Wednesday, August 17th. Investors of record on Wednesday, August 17th will be given a dividend of $0.181 per share. The ex-dividend date of this dividend is Monday, August 15th.

A number of institutional investors have added to or reduced their stakes in ASX. Advisors Asset Management Inc. increased its position in Advanced Semiconductor Engineering by 5.1% in the fourth quarter. Advisors Asset Management Inc. now owns 180,185 shares of the company’s stock valued at $1,022,000 after buying an additional 8,805 shares during the period. Deere & Co. acquired a new position in Advanced Semiconductor Engineering during the fourth quarter valued at $1,068,000. State of New Jersey Common Pension Fund D increased its position in Advanced Semiconductor Engineering by 7.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,846,929 shares of the company’s stock valued at $10,472,000 after buying an additional 133,242 shares during the period. Finally, Schroder Investment Management Group increased its position in Advanced Semiconductor Engineering by 1.5% in the fourth quarter. Schroder Investment Management Group now owns 8,925,606 shares of the company’s stock valued at $50,609,000 after buying an additional 133,242 shares during the period.

Advanced Semiconductor Engineering, Inc is an independent provider of semiconductor packaging and testing services. The Company packages bare semiconductors into finished semiconductors with enhanced electrical and thermal characteristics, provides testing services, including front-end engineering testing, wafer probing and final testing services, and provides electronics manufacturing services.

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