United Microelectronics Corporation (UMC) Stake Increased by Signaturefd LLC

Signaturefd LLC boosted its stake in shares of United Microelectronics Corporation (NYSE:UMC) by 108.1% during the first quarter, Holdings Channel reports. The firm owned 93,325 shares of the semiconductor company’s stock after buying an additional 48,473 shares during the period. Signaturefd LLC’s holdings in United Microelectronics Corporation were worth $180,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Comerica Bank boosted its position in shares of United Microelectronics Corporation by 11.4% in the fourth quarter. Comerica Bank now owns 142,899 shares of the semiconductor company’s stock valued at $269,000 after buying an additional 14,678 shares during the period. Two Sigma Investments LP boosted its position in shares of United Microelectronics Corporation by 4.8% in the fourth quarter. Two Sigma Investments LP now owns 663,161 shares of the semiconductor company’s stock worth $1,161,000 after buying an additional 30,541 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of United Microelectronics Corporation during the fourth quarter worth about $7,048,000. State Street Corp boosted its position in shares of United Microelectronics Corporation by 12.2% in the fourth quarter. State Street Corp now owns 2,444,493 shares of the semiconductor company’s stock worth $4,278,000 after buying an additional 265,891 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of United Microelectronics Corporation during the first quarter worth about $323,000. Institutional investors own 6.25% of the company’s stock.

Institutional Ownership by Quarter for United Microelectronics Corporation (NYSE:UMC)

Shares of United Microelectronics Corporation (NYSE UMC) remained flat at $1.96 during trading on Friday. The company’s stock had a trading volume of 616,612 shares. United Microelectronics Corporation has a 1-year low of $1.74 and a 1-year high of $2.11. The stock has a market cap of $4.79 billion, a PE ratio of 14.52 and a beta of 0.64. The stock’s 50-day moving average price is $2.02 and its 200 day moving average price is $1.92.

The business also recently declared an annual dividend, which will be paid on Thursday, August 17th. Stockholders of record on Tuesday, July 11th will be paid a $0.0827 dividend. The ex-dividend date of this dividend is Friday, July 7th. This represents a dividend yield of 4.22%. This is an increase from United Microelectronics Corporation’s previous annual dividend of $0.00. United Microelectronics Corporation’s dividend payout ratio is 46.16%.

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Separately, HSBC Holdings plc upgraded United Microelectronics Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, April 26th.

United Microelectronics Corporation Company Profile

United Microelectronics Corporation is a global semiconductor foundry. The Company provides integrated circuit (IC) production for applications spanning every sector of the electronics 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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