BSW Wealth Partners Has $85,000 Holdings in United Microelectronics Co. (NYSE:UMC)

BSW Wealth Partners trimmed its holdings in United Microelectronics Co. (NYSE:UMC) by 51.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,068 shares of the semiconductor company’s stock after selling 13,875 shares during the period. BSW Wealth Partners’ holdings in United Microelectronics were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Sei Investments Co. lifted its holdings in shares of United Microelectronics by 6.4% during the 2nd quarter. Sei Investments Co. now owns 55,343 shares of the semiconductor company’s stock valued at $485,000 after purchasing an additional 3,331 shares in the last quarter. Creative Planning lifted its stake in United Microelectronics by 26.5% in the second quarter. Creative Planning now owns 539,883 shares of the semiconductor company’s stock valued at $4,729,000 after buying an additional 113,130 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of United Microelectronics by 90.7% in the third quarter. GAMMA Investing LLC now owns 6,817 shares of the semiconductor company’s stock valued at $57,000 after buying an additional 3,242 shares during the period. Ignite Planners LLC increased its position in shares of United Microelectronics by 1.5% during the third quarter. Ignite Planners LLC now owns 90,303 shares of the semiconductor company’s stock worth $760,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Aprio Wealth Management LLC raised its holdings in shares of United Microelectronics by 20.3% during the third quarter. Aprio Wealth Management LLC now owns 13,026 shares of the semiconductor company’s stock worth $110,000 after acquiring an additional 2,198 shares during the period. 5.05% of the stock is currently owned by institutional investors.

United Microelectronics Price Performance

NYSE:UMC opened at $5.83 on Friday. United Microelectronics Co. has a 52-week low of $5.61 and a 52-week high of $9.00. The company has a market cap of $14.60 billion, a P/E ratio of 10.04, a P/E/G ratio of 3.88 and a beta of 1.17. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.76 and a current ratio of 2.19. The stock’s 50-day simple moving average is $6.45 and its 200 day simple moving average is $7.48.

United Microelectronics (NYSE:UMC) last posted its quarterly earnings results on Tuesday, January 21st. The semiconductor company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03). The company had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.86 billion. United Microelectronics had a return on equity of 12.78% and a net margin of 20.35%. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the firm earned $5.30 EPS. As a group, sell-side analysts forecast that United Microelectronics Co. will post 0.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group lowered shares of United Microelectronics from a “buy” rating to a “neutral” rating and set a $7.40 target price for the company. in a research note on Thursday, October 17th. JPMorgan Chase & Co. downgraded United Microelectronics from an “overweight” rating to a “neutral” rating in a report on Wednesday, October 30th. Citigroup lowered United Microelectronics from a “buy” rating to a “sell” rating in a research report on Tuesday, January 21st. Morgan Stanley downgraded United Microelectronics from an “overweight” rating to an “equal weight” rating in a research report on Monday, October 28th. Finally, StockNews.com downgraded shares of United Microelectronics from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $7.40.

About United Microelectronics

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.