Curbstone Financial Management Corp Purchases 13,000 Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Curbstone Financial Management Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 95.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,600 shares of the semiconductor company’s stock after purchasing an additional 13,000 shares during the period. Curbstone Financial Management Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $999,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Park National Corp OH raised its position in Taiwan Semiconductor Manufacturing by 0.3% during the 2nd quarter. Park National Corp OH now owns 6,575 shares of the semiconductor company’s stock worth $230,000 after buying an additional 18 shares during the last quarter. Cornerstone Advisors Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.3% in the 2nd quarter. Cornerstone Advisors Inc. now owns 10,266 shares of the semiconductor company’s stock valued at $359,000 after purchasing an additional 30 shares in the last quarter. Baldwin Investment Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.5% in the 2nd quarter. Baldwin Investment Management LLC now owns 25,783 shares of the semiconductor company’s stock valued at $901,000 after purchasing an additional 124 shares in the last quarter. Bahl & Gaynor Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1.0% in the 2nd quarter. Bahl & Gaynor Inc. now owns 16,055 shares of the semiconductor company’s stock valued at $462,000 after purchasing an additional 162 shares in the last quarter. Finally, Cypress Wealth Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1.0% in the 1st quarter. Cypress Wealth Advisors LLC now owns 16,166 shares of the semiconductor company’s stock valued at $531,000 after purchasing an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 19.38% of the company’s stock.

TSM has been the subject of several recent research reports. BidaskClub downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Zacks Investment Research downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a report on Tuesday, July 18th. Daiwa Capital Markets downgraded shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a report on Thursday, October 19th. KeyCorp restated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 20th. Finally, JPMorgan Chase & Co. upgraded shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a report on Tuesday, October 10th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $27.00.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) traded up 2.09% during midday trading on Friday, hitting $42.06. 2,252,923 shares of the company’s stock traded hands. The company has a market capitalization of $218.13 billion, a PE ratio of 18.82 and a beta of 0.74. The company has a 50 day moving average of $38.82 and a 200-day moving average of $36.22. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $28.34 and a 52 week high of $42.08.

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Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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