Hansberger Growth Investors LP Grows Position in Advanced Semiconductor Engnrng Inc (NYSE:ASX)

Hansberger Growth Investors LP grew its stake in Advanced Semiconductor Engnrng Inc (NYSE:ASX) by 25.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 606,896 shares of the semiconductor company’s stock after buying an additional 121,337 shares during the period. Advanced Semiconductor Engnrng accounts for 5.1% of Hansberger Growth Investors LP’s holdings, making the stock its 8th biggest position. Hansberger Growth Investors LP’s holdings in Advanced Semiconductor Engnrng were worth $3,751,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Schafer Cullen Capital Management Inc. increased its stake in shares of Advanced Semiconductor Engnrng by 22.6% in the second quarter. Schafer Cullen Capital Management Inc. now owns 9,126,192 shares of the semiconductor company’s stock worth $57,586,000 after acquiring an additional 1,683,909 shares during the period. Earnest Partners LLC increased its stake in shares of Advanced Semiconductor Engnrng by 3.0% in the second quarter. Earnest Partners LLC now owns 8,914,194 shares of the semiconductor company’s stock worth $56,249,000 after acquiring an additional 259,864 shares during the period. Renaissance Group LLC increased its stake in shares of Advanced Semiconductor Engnrng by 6.5% in the third quarter. Renaissance Group LLC now owns 2,509,020 shares of the semiconductor company’s stock worth $15,506,000 after acquiring an additional 153,273 shares during the period. Wells Fargo & Company MN increased its stake in shares of Advanced Semiconductor Engnrng by 7.2% in the third quarter. Wells Fargo & Company MN now owns 2,386,486 shares of the semiconductor company’s stock worth $14,748,000 after acquiring an additional 160,606 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Advanced Semiconductor Engnrng by 294.4% in the second quarter. Vanguard Group Inc. now owns 1,550,132 shares of the semiconductor company’s stock worth $9,781,000 after acquiring an additional 1,157,068 shares during the period. 5.81% of the stock is owned by institutional investors and hedge funds.

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

Advanced Semiconductor Engnrng Inc (ASX) traded up $0.14 during trading hours on Tuesday, hitting $6.62. 564,500 shares of the stock were exchanged, compared to its average volume of 1,150,000. The firm has a market capitalization of $11,400.00, a price-to-earnings ratio of 14.39, a P/E/G ratio of 2.40 and a beta of 0.59. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.37 and a quick ratio of 1.00. Advanced Semiconductor Engnrng Inc has a 1 year low of $5.02 and a 1 year high of $7.52.

Advanced Semiconductor Engnrng (NYSE:ASX) last released its quarterly earnings results on Friday, October 27th. The semiconductor company reported $0.12 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.12. The company had revenue of $2.44 billion for the quarter. Advanced Semiconductor Engnrng had a net margin of 8.74% and a return on equity of 13.80%. equities research analysts forecast that Advanced Semiconductor Engnrng Inc will post 0.42 EPS for the current fiscal year.

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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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