Bank of Montreal Can increased its stake in Semiconductor Manufacturing Int'l (NYSE:SMI) by 33.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 272,316 shares of the semiconductor company’s stock after buying an additional 68,550 shares during the period. Bank of Montreal Can’s holdings in Semiconductor Manufacturing Int'l were worth $2,331,000 at the end of the most recent quarter.

Separately, Northern Trust Corp lifted its stake in shares of Semiconductor Manufacturing Int'l by 4.2% in the second quarter. Northern Trust Corp now owns 46,976 shares of the semiconductor company’s stock worth $267,000 after acquiring an additional 1,908 shares during the period. Institutional investors and hedge funds own 0.68% of the company’s stock.

Semiconductor Manufacturing Int'l (SMI) opened at $6.38 on Friday. Semiconductor Manufacturing Int'l has a 12 month low of $4.49 and a 12 month high of $9.14. The company has a quick ratio of 1.52, a current ratio of 1.87 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $5,656.38, a P/E ratio of 33.58, a price-to-earnings-growth ratio of 3.46 and a beta of 0.06.

Semiconductor Manufacturing Int'l (NYSE:SMI) last issued its quarterly earnings results on Thursday, February 8th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter. Semiconductor Manufacturing Int'l had a return on equity of 3.02% and a net margin of 5.79%. The firm had revenue of $787.20 million for the quarter, compared to analyst estimates of $791.02 million. During the same period in the previous year, the firm earned $0.11 earnings per share. The company’s revenue was down 3.4% compared to the same quarter last year. equities research analysts anticipate that Semiconductor Manufacturing Int'l will post 0.12 EPS for the current year.

A number of research firms recently commented on SMI. Zacks Investment Research raised Semiconductor Manufacturing Int'l from a “sell” rating to a “hold” rating in a research note on Wednesday, January 17th. Jefferies Group lowered Semiconductor Manufacturing Int'l from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. Bank of America lowered Semiconductor Manufacturing Int'l from a “buy” rating to an “underperform” rating in a research note on Wednesday, November 15th. Daiwa Capital Markets lowered Semiconductor Manufacturing Int'l from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, HSBC lowered Semiconductor Manufacturing Int'l from a “hold” rating to a “reduce” rating in a research note on Wednesday, November 15th. Nine analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold”.

COPYRIGHT VIOLATION WARNING: “Semiconductor Manufacturing Int'l (SMI) Position Boosted by Bank of Montreal Can” was reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://theolympiareport.com/2018/02/11/semiconductor-manufacturing-intl-smi-position-boosted-by-bank-of-montreal-can.html.

Semiconductor Manufacturing Int'l Profile

Semiconductor Manufacturing International Corporation is an investment holding company principally engaged in the computer-aided design, manufacture, packaging and trading of integrated circuits (IC), as well as the provision of other semiconductor services. The Company is also involved in the design and manufacture of semiconductor masks.

Want to see what other hedge funds are holding SMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Semiconductor Manufacturing Int'l (NYSE:SMI).

Institutional Ownership by Quarter for Semiconductor Manufacturing Int'l (NYSE:SMI)

Receive News & Ratings for Semiconductor Manufacturing Int'l Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Semiconductor Manufacturing Int'l and related companies with MarketBeat.com's FREE daily email newsletter.