Capital Insight Partners LLC Takes $875,000 Position in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Capital Insight Partners LLC bought a new position in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,058 shares of the semiconductor company’s stock, valued at approximately $875,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legal & General Group Plc raised its holdings in shares of Taiwan Semiconductor Mfg. by 55.2% during the second quarter. Legal & General Group Plc now owns 13,813 shares of the semiconductor company’s stock worth $483,000 after purchasing an additional 4,913 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Taiwan Semiconductor Mfg. by 11.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,995 shares of the semiconductor company’s stock worth $279,000 after acquiring an additional 828 shares during the last quarter. Icon Advisers Inc. Co. grew its position in shares of Taiwan Semiconductor Mfg. by 72.2% during the second quarter. Icon Advisers Inc. Co. now owns 93,500 shares of the semiconductor company’s stock worth $3,269,000 after acquiring an additional 39,200 shares during the last quarter. Standard Life Investments LTD grew its position in shares of Taiwan Semiconductor Mfg. by 0.8% during the second quarter. Standard Life Investments LTD now owns 986,280 shares of the semiconductor company’s stock worth $34,475,000 after acquiring an additional 8,264 shares during the last quarter. Finally, Comerica Securities Inc. grew its position in shares of Taiwan Semiconductor Mfg. by 7.9% during the second quarter. Comerica Securities Inc. now owns 18,660 shares of the semiconductor company’s stock worth $669,000 after acquiring an additional 1,365 shares during the last quarter. 19.46% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE TSM) opened at $44.51 on Friday. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $30.17 and a twelve month high of $46.57. The company has a market capitalization of $235,703.70, a P/E ratio of 20.51, a P/E/G ratio of 1.22 and a beta of 0.85. The company has a quick ratio of 2.11, a current ratio of 2.36 and a debt-to-equity ratio of 0.06.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its quarterly earnings data on Thursday, January 18th. The semiconductor company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.01. Taiwan Semiconductor Mfg. had a return on equity of 24.18% and a net margin of 35.08%. The firm had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $9.15 billion. analysts expect that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.48 EPS for the current fiscal year.

TSM has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Friday. Goldman Sachs Group upgraded shares of Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research report on Monday, January 22nd. HSBC raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research note on Thursday, January 11th. Finally, Morgan Stanley lowered shares of Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a research note on Monday, November 27th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $37.50.

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Taiwan Semiconductor Mfg. 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 Mfg. (NYSE:TSM)

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