3,309 Shares in Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Purchased by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC acquired a new position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,309 shares of the semiconductor company’s stock, valued at approximately $120,000.

Several other institutional investors also recently bought and sold shares of TSM. Vontobel Asset Management Inc. acquired a new position in shares of Taiwan Semiconductor Mfg. in the second quarter worth approximately $651,425,000. Renaissance Technologies LLC lifted its stake in Taiwan Semiconductor Mfg. by 1,211.2% in the second quarter. Renaissance Technologies LLC now owns 3,855,920 shares of the semiconductor company’s stock valued at $140,972,000 after buying an additional 3,561,854 shares during the period. Hermes Investment Management Ltd. lifted its stake in Taiwan Semiconductor Mfg. by 28.8% in the second quarter. Hermes Investment Management Ltd. now owns 11,454,210 shares of the semiconductor company’s stock valued at $418,766,000 after buying an additional 2,562,907 shares during the period. Bank of New York Mellon Corp lifted its stake in Taiwan Semiconductor Mfg. by 5.6% in the second quarter. Bank of New York Mellon Corp now owns 44,674,092 shares of the semiconductor company’s stock valued at $1,633,286,000 after buying an additional 2,367,792 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in Taiwan Semiconductor Mfg. by 48.9% in the second quarter. Janus Henderson Group PLC now owns 6,938,363 shares of the semiconductor company’s stock valued at $253,699,000 after buying an additional 2,278,222 shares during the period. 19.17% of the stock is currently owned by institutional investors.

Shares of TSM opened at $44.41 on Monday. Taiwan Semiconductor Mfg. Co. Ltd. has a 52-week low of $35.35 and a 52-week high of $46.57. The company has a current ratio of 2.07, a quick ratio of 1.86 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $227.88 billion, a price-to-earnings ratio of 20.47, a price-to-earnings-growth ratio of 1.30 and a beta of 1.06.

Taiwan Semiconductor Mfg. (NYSE:TSM) last issued its quarterly earnings results on Thursday, July 19th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.02. Taiwan Semiconductor Mfg. had a return on equity of 23.19% and a net margin of 34.74%. The firm had revenue of $233.28 billion for the quarter, compared to analyst estimates of $230.77 billion. During the same period in the previous year, the firm earned $2.56 earnings per share. The company’s revenue was up 9.1% compared to the same quarter last year. equities analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.25 earnings per share for the current year.

Several brokerages have issued reports on TSM. Nomura raised Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research note on Thursday, July 19th. Zacks Investment Research lowered Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a research note on Thursday, August 23rd. ValuEngine raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Wednesday, August 29th. UBS Group raised Taiwan Semiconductor Mfg. from a “neutral” rating to a “positive” rating in a research note on Monday, July 2nd. Finally, Susquehanna Bancshares raised Taiwan Semiconductor Mfg. from a “neutral” rating to a “positive” rating in a research note on Monday, July 2nd. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $46.00.

Taiwan Semiconductor Mfg. Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

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

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