Mitsubishi UFJ Trust & Banking Corp cut its stake in Advanced Semiconductor Engineering, Inc. (NYSE:ASX) by 23.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,845 shares of the semiconductor company’s stock after selling 26,750 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Advanced Semiconductor Engineering were worth $561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new stake in shares of Advanced Semiconductor Engineering in the first quarter valued at approximately $227,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Advanced Semiconductor Engineering in the first quarter valued at approximately $1,705,000. Oxford Asset Management purchased a new stake in shares of Advanced Semiconductor Engineering in the first quarter valued at approximately $1,762,000. Hansberger Growth Investors LP grew its position in shares of Advanced Semiconductor Engineering by 2.7% in the first quarter. Hansberger Growth Investors LP now owns 608,695 shares of the semiconductor company’s stock valued at $3,944,000 after purchasing an additional 16,078 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in shares of Advanced Semiconductor Engineering by 1.1% in the first quarter. Renaissance Technologies LLC now owns 2,031,779 shares of the semiconductor company’s stock valued at $13,166,000 after purchasing an additional 21,200 shares in the last quarter. Institutional investors and hedge funds own 5.85% of the company’s stock.

Shares of Advanced Semiconductor Engineering, Inc. (ASX) opened at 6.17 on Friday. The stock has a 50 day moving average price of $6.29 and a 200-day moving average price of $6.29. The stock has a market capitalization of $10.01 billion, a price-to-earnings ratio of 13.87 and a beta of 0.52. Advanced Semiconductor Engineering, Inc. has a 52-week low of $4.89 and a 52-week high of $6.70.

Advanced Semiconductor Engineering (NYSE:ASX) last issued its quarterly earnings data on Friday, July 28th. The semiconductor company reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.07. Advanced Semiconductor Engineering had a net margin of 8.48% and a return on equity of 14.06%. The business had revenue of $2.18 billion during the quarter. On average, equities research analysts predict that Advanced Semiconductor Engineering, Inc. will post $0.44 EPS for the current fiscal year.

The firm also recently disclosed a None dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 11th will be paid a dividend of $0.164 per share. The ex-dividend date of this dividend is Wednesday, August 9th. Advanced Semiconductor Engineering’s dividend payout ratio (DPR) is 36.36%.

A number of equities research analysts have recently issued reports on ASX shares. BidaskClub upgraded Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. Zacks Investment Research upgraded Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th.

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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.

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Institutional Ownership by Quarter for Advanced Semiconductor Engineering (NYSE:ASX)

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