Quadrant Capital Group LLC Has $2.16 Million Stake in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Quadrant Capital Group LLC lifted its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 49.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,005 shares of the semiconductor company’s stock after buying an additional 17,534 shares during the period. Quadrant Capital Group LLC’s holdings in Taiwan Semiconductor Mfg. were worth $2,164,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Daiwa Securities Group Inc. boosted its position in shares of Taiwan Semiconductor Mfg. by 11.6% during the first quarter. Daiwa Securities Group Inc. now owns 27,000 shares of the semiconductor company’s stock worth $1,106,000 after buying an additional 2,800 shares during the period. Cornerstone Investment Partners LLC lifted its position in Taiwan Semiconductor Mfg. by 8.8% in the first quarter. Cornerstone Investment Partners LLC now owns 1,910,556 shares of the semiconductor company’s stock worth $78,256,000 after purchasing an additional 154,231 shares during the period. Bank of Montreal Can lifted its position in Taiwan Semiconductor Mfg. by 158.7% in the first quarter. Bank of Montreal Can now owns 6,081,941 shares of the semiconductor company’s stock worth $249,116,000 after purchasing an additional 3,731,319 shares during the period. K.J. Harrison & Partners Inc lifted its position in Taiwan Semiconductor Mfg. by 60.0% in the first quarter. K.J. Harrison & Partners Inc now owns 48,000 shares of the semiconductor company’s stock worth $1,966,000 after purchasing an additional 18,000 shares during the period. Finally, Private Capital Group LLC lifted its position in Taiwan Semiconductor Mfg. by 13.6% in the first quarter. Private Capital Group LLC now owns 9,984 shares of the semiconductor company’s stock worth $409,000 after purchasing an additional 1,197 shares during the period. Institutional investors and hedge funds own 19.43% of the company’s stock.

A number of research firms have weighed in on TSM. Zacks Investment Research upgraded Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research report on Saturday. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. Finally, CLSA downgraded Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research report on Thursday, January 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Taiwan Semiconductor Mfg. presently has a consensus rating of “Hold”.

NYSE TSM opened at $43.94 on Monday. The firm has a market capitalization of $227.88 billion, a price-to-earnings ratio of 19.62, a P/E/G ratio of 2.67 and a beta of 0.97. Taiwan Semiconductor Mfg. Co. Ltd. has a 1 year low of $34.22 and a 1 year high of $45.64. The company has a current ratio of 2.67, a quick ratio of 2.38 and a debt-to-equity ratio of 0.03.

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About Taiwan Semiconductor Mfg.

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.

Further Reading: 12b-1 Fees

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

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