Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Holdings Raised by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC raised its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 13.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,410 shares of the semiconductor company’s stock after buying an additional 4,165 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Taiwan Semiconductor Mfg. were worth $1,364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of the stock. Oaktree Capital Management LP raised its position in Taiwan Semiconductor Mfg. by 5.5% during the 3rd quarter. Oaktree Capital Management LP now owns 4,047,500 shares of the semiconductor company’s stock valued at $151,984,000 after purchasing an additional 212,375 shares during the last quarter. CAPROCK Group Inc. raised its position in Taiwan Semiconductor Mfg. by 9.1% during the 3rd quarter. CAPROCK Group Inc. now owns 36,028 shares of the semiconductor company’s stock valued at $1,353,000 after purchasing an additional 3,006 shares during the last quarter. Quantum Capital Management bought a new position in Taiwan Semiconductor Mfg. during the 3rd quarter valued at approximately $203,000. Glovista Investments LLC bought a new position in Taiwan Semiconductor Mfg. during the 3rd quarter valued at approximately $1,314,000. Finally, South Dakota Investment Council grew its holdings in shares of Taiwan Semiconductor Mfg. by 7.0% during the 3rd quarter. South Dakota Investment Council now owns 38,300 shares of the semiconductor company’s stock worth $1,438,000 after acquiring an additional 2,500 shares during the period. Institutional investors and hedge funds own 19.48% of the company’s stock.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) traded up $0.70 during midday trading on Wednesday, hitting $43.08. The stock had a trading volume of 3,951,117 shares, compared to its average volume of 7,916,660. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $30.54 and a 12-month high of $46.57. The company has a market cap of $220,560.58, a PE ratio of 19.49, a price-to-earnings-growth ratio of 1.14 and a beta of 0.85. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.36 and a quick ratio of 2.11.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its earnings results on Thursday, January 18th. The semiconductor company reported $0.64 EPS for the quarter, topping the Zacks’ consensus estimate 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 company had revenue of $9.21 billion for the quarter, compared to analysts’ expectations of $9.15 billion. analysts expect that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.48 EPS for the current fiscal year.

A number of research firms have weighed in on TSM. Sanford C. Bernstein reiterated a “market perform” rating and set a $42.00 target price (up previously from $40.00) on shares of Taiwan Semiconductor Mfg. in a report on Tuesday. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Goldman Sachs Group upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research note on Monday, January 22nd. Finally, HSBC upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $39.00.

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Taiwan Semiconductor Mfg. 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 Mfg. (NYSE:TSM)

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