Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Shares Bought by Cwm LLC

Cwm LLC raised its position in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 390.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 7,160 shares of the semiconductor company’s stock after acquiring an additional 5,701 shares during the period. Cwm LLC’s holdings in Taiwan Semiconductor Mfg. were worth $316,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TSM. DnB Asset Management AS acquired a new position in Taiwan Semiconductor Mfg. during the second quarter valued at approximately $7,542,000. Rockland Trust Co. acquired a new position in Taiwan Semiconductor Mfg. during the second quarter valued at approximately $311,000. Fisher Asset Management LLC raised its position in Taiwan Semiconductor Mfg. by 0.9% during the second quarter. Fisher Asset Management LLC now owns 34,189,101 shares of the semiconductor company’s stock valued at $1,249,954,000 after purchasing an additional 320,062 shares in the last quarter. KAMES CAPITAL plc raised its position in Taiwan Semiconductor Mfg. by 12.7% during the second quarter. KAMES CAPITAL plc now owns 1,552,162 shares of the semiconductor company’s stock valued at $56,651,000 after purchasing an additional 175,060 shares in the last quarter. Finally, Augustine Asset Management Inc. raised its position in Taiwan Semiconductor Mfg. by 1.8% during the second quarter. Augustine Asset Management Inc. now owns 151,127 shares of the semiconductor company’s stock valued at $5,525,000 after purchasing an additional 2,627 shares in the last quarter. Institutional investors and hedge funds own 19.19% of the company’s stock.

A number of research firms have weighed in on TSM. ValuEngine cut shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Friday, October 12th. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 25th. Morgan Stanley raised shares of Taiwan Semiconductor Mfg. from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 18th. Finally, Nomura raised shares of Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research note on Thursday, July 19th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Taiwan Semiconductor Mfg. has a consensus rating of “Buy” and a consensus price target of $46.00.

NYSE TSM opened at $38.78 on Monday. The firm has a market cap of $201.12 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 1.18 and a beta of 1.16. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $35.35 and a fifty-two 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.

Taiwan Semiconductor Mfg. (NYSE:TSM) last posted its earnings results on Thursday, October 18th. The semiconductor company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $260.35 billion for the quarter, compared to analysts’ expectations of $257.92 billion. Taiwan Semiconductor Mfg. had a net margin of 34.38% and a return on equity of 22.57%. The company’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.47 earnings per share. As a group, sell-side analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.19 earnings per share for the current year.

Taiwan Semiconductor Mfg. Company 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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