Laurel Wealth Advisors Inc. Has $913,000 Holdings in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

Laurel Wealth Advisors Inc. lifted its holdings in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 90.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,048 shares of the semiconductor company’s stock after acquiring an additional 10,950 shares during the period. Laurel Wealth Advisors Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $913,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Oaktree Capital Management LP raised its position in shares of Taiwan Semiconductor Mfg. by 5.5% in the 3rd quarter. Oaktree Capital Management LP now owns 4,047,500 shares of the semiconductor company’s stock worth $151,984,000 after acquiring an additional 212,375 shares in the last quarter. Quantum Capital Management bought a new position in shares of Taiwan Semiconductor Mfg. in the 3rd quarter worth about $203,000. Glovista Investments LLC bought a new position in shares of Taiwan Semiconductor Mfg. in the 3rd quarter worth about $1,314,000. South Dakota Investment Council raised its position in shares of Taiwan Semiconductor Mfg. by 7.0% in 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 in the last quarter. Finally, Shelton Capital Management raised its position in shares of Taiwan Semiconductor Mfg. by 42.1% in the 3rd quarter. Shelton Capital Management now owns 95,348 shares of the semiconductor company’s stock worth $3,580,000 after acquiring an additional 28,262 shares in the last quarter. 19.29% of the stock is owned by hedge funds and other institutional investors.

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Several research analysts have recently weighed in on TSM shares. Goldman Sachs 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 target price for the company in a research report on Thursday, January 11th. ValuEngine raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $42.00 target price (up from $40.00) on shares of Taiwan Semiconductor Mfg. in a research report on Tuesday, February 13th. Six analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $39.67.

Shares of Taiwan Semiconductor Mfg. stock opened at $42.42 on Friday. The stock has a market capitalization of $227,872.83, a P/E ratio of 19.55, a PEG ratio of 1.17 and a beta of 0.90. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.39 and a quick ratio of 2.18. Taiwan Semiconductor Mfg. Co. Ltd. has a one year low of $31.49 and a one year 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.01. The business had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $9.15 billion. Taiwan Semiconductor Mfg. had a return on equity of 23.73% and a net margin of 35.08%. analysts expect that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.5 EPS for the current fiscal year.

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Taiwan Semiconductor Mfg. Company Profile

Taiwan Semiconductor Manufacturing Company Limited., together with its subsidiaries, engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits, color filters, and other semiconductor devices primarily in Taiwan. It manufactures masks and electronic parts; sells solar related products; wholesales and retails electronic materials; and researches, develops, and tests RFID systems.

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

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