United Microelectronics Corp (UMC) Position Held by TD Asset Management Inc.
TD Asset Management Inc. maintained its stake in United Microelectronics Corp (NYSE:UMC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,100 shares of the company’s stock at the end of the second quarter. TD Asset Management Inc.’s holdings in United Microelectronics Corp were worth $147,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. World Asset Management Inc raised its stake in United Microelectronics Corp by 8.2% in the second quarter. World Asset Management Inc now owns 157,930 shares of the company’s stock valued at $314,000 after buying an additional 11,974 shares during the period. Sensato Investors LLC raised its stake in shares of United Microelectronics Corp by 172.7% in the first quarter. Sensato Investors LLC now owns 159,000 shares of the company’s stock valued at $331,000 after buying an additional 100,700 shares during the last quarter. Emerald Acquisition Ltd. bought a new stake in shares of United Microelectronics Corp during the second quarter valued at about $8,127,000. Bank of New York Mellon Corp raised its stake in shares of United Microelectronics Corp by 19.7% in the second quarter. Bank of New York Mellon Corp now owns 41,100,054 shares of the company’s stock valued at $81,789,000 after buying an additional 6,766,798 shares during the last quarter. Finally, Bank of Montreal Can bought a new stake in shares of United Microelectronics Corp during the second quarter valued at about $2,531,000.
Shares of United Microelectronics Corp (NYSE:UMC) traded up 2.16% during midday trading on Wednesday, hitting $1.89. 716,596 shares of the stock traded hands. United Microelectronics Corp has a 52 week low of $1.60 and a 52 week high of $2.14. The firm has a market capitalization of $4.61 billion, a PE ratio of 21.00 and a beta of 1.10. The company’s 50-day moving average is $1.88 and its 200 day moving average is $1.94.
United Microelectronics Corp (NYSE:UMC) last announced its earnings results on Wednesday, July 27th. The company reported $0.03 earnings per share for the quarter. Analysts anticipate that United Microelectronics Corp will post $0.10 earnings per share for the current year.
Separately, Daiwa Capital Markets lowered shares of United Microelectronics Corp from a “buy” rating to a “hold” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold”.
About United Microelectronics Corp
United Microelectronics Corporation is a global semiconductor foundry that provides technology and manufacturing for applications spanning various sectors of the integrated circuit (IC) industry. The Company operates through two segments: wafer fabrication and new business. The primary operating activity of the Company’s wafer fabrication segment is the manufacture of chips to the design specifications of its customers by using its own processes and techniques.
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