Teacher Retirement System of Texas Has $8.41 Million Stake in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Teacher Retirement System of Texas lifted its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 233.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,000 shares of the semiconductor company’s stock after purchasing an additional 148,336 shares during the quarter. Teacher Retirement System of Texas’ holdings in Taiwan Semiconductor Mfg. were worth $8,406,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of TSM. Harding Loevner LP lifted its position in Taiwan Semiconductor Mfg. by 1,575.4% in the 3rd quarter. Harding Loevner LP now owns 289,009,863 shares of the semiconductor company’s stock valued at $412,105,000 after acquiring an additional 271,759,847 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Taiwan Semiconductor Mfg. by 13.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 46,289,495 shares of the semiconductor company’s stock valued at $1,738,170,000 after acquiring an additional 5,317,439 shares in the last quarter. Sanders Capital LLC lifted its position in Taiwan Semiconductor Mfg. by 1.8% in the 4th quarter. Sanders Capital LLC now owns 33,730,001 shares of the semiconductor company’s stock valued at $1,448,910,000 after acquiring an additional 589,900 shares in the last quarter. WCM Investment Management CA lifted its position in Taiwan Semiconductor Mfg. by 6.9% in the 4th quarter. WCM Investment Management CA now owns 20,613,962 shares of the semiconductor company’s stock valued at $817,344,000 after acquiring an additional 1,327,403 shares in the last quarter. Finally, Vontobel Asset Management Inc. lifted its position in Taiwan Semiconductor Mfg. by 14.5% in the 4th quarter. Vontobel Asset Management Inc. now owns 16,762,195 shares of the semiconductor company’s stock valued at $678,880,000 after acquiring an additional 2,120,449 shares in the last quarter. 19.48% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts recently issued reports on TSM shares. ValuEngine raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Goldman Sachs Group raised Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research report on Monday, January 22nd. HSBC raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Tuesday, January 16th. Zacks Investment Research raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a research report on Thursday, January 11th. Finally, Morgan Stanley cut Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a research report on Monday, November 27th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $39.00.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) opened at $41.81 on Wednesday. The firm has a market capitalization of $220,560.58, a price-to-earnings ratio of 19.80, a PEG ratio of 1.14 and a beta of 0.85. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.11 and a current ratio of 2.36. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $30.54 and a twelve month high of $46.57.

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

TRADEMARK VIOLATION NOTICE: This story was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/14/teacher-retirement-system-of-texas-has-8-41-million-stake-in-taiwan-semiconductor-mfg-co-ltd-tsm.html.

About Taiwan Semiconductor Mfg.

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)

Receive News & Ratings for Taiwan Semiconductor Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Mfg. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply