Bank of The West Has $686,000 Position in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Bank of The West cut its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 7.8% during the 4th quarter, Holdings Channel reports. The fund owned 17,303 shares of the semiconductor company’s stock after selling 1,467 shares during the period. Bank of The West’s holdings in Taiwan Semiconductor Mfg. were worth $686,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TSM. Harding Loevner LP boosted its holdings in shares of Taiwan Semiconductor Mfg. by 1,575.4% during the 3rd quarter. Harding Loevner LP now owns 289,009,863 shares of the semiconductor company’s stock worth $412,105,000 after buying an additional 271,759,847 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Taiwan Semiconductor Mfg. by 13.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 46,289,495 shares of the semiconductor company’s stock worth $1,738,170,000 after buying an additional 5,317,439 shares in the last quarter. Vontobel Asset Management Inc. boosted its holdings in shares of Taiwan Semiconductor Mfg. by 14.5% during the 4th quarter. Vontobel Asset Management Inc. now owns 16,762,195 shares of the semiconductor company’s stock worth $678,880,000 after buying an additional 2,120,449 shares in the last quarter. Capital International Investors boosted its holdings in shares of Taiwan Semiconductor Mfg. by 38.5% during the 3rd quarter. Capital International Investors now owns 7,506,191 shares of the semiconductor company’s stock worth $281,857,000 after buying an additional 2,085,137 shares in the last quarter. Finally, Hermes Investment Management Ltd. boosted its holdings in shares of Taiwan Semiconductor Mfg. by 28.6% during the 4th quarter. Hermes Investment Management Ltd. now owns 8,660,220 shares of the semiconductor company’s stock worth $343,378,000 after buying an additional 1,928,406 shares in the last quarter. Institutional investors and hedge funds own 19.47% of the company’s stock.

Taiwan Semiconductor Mfg. Co. Ltd. (TSM) opened at $40.36 on Friday. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $30.17 and a twelve month high of $46.57. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.36 and a quick ratio of 2.11. The stock has a market capitalization of $205,360.00, a price-to-earnings ratio of 17.86, a P/E/G ratio of 1.17 and a beta of 0.85.

Taiwan Semiconductor Mfg. (NYSE:TSM) last issued its earnings results on Thursday, January 18th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.48 earnings per share for the current year.

A number of research firms have issued reports on TSM. KeyCorp restated a “hold” rating on shares of Taiwan Semiconductor Mfg. in a report on Friday, October 20th. Zacks Investment Research upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Thursday, January 11th. Goldman Sachs Group upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a report on Monday, January 22nd. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Morgan Stanley cut Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a report on Monday, November 27th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Taiwan Semiconductor Mfg. currently has a consensus rating of “Hold” and an average price target of $37.50.

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Taiwan Semiconductor Mfg. 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.

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

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