Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) was the recipient of some unusual options trading activity on Thursday. Stock traders purchased 8,406 put options on the company. This represents an increase of approximately 1,520% compared to the typical daily volume of 519 put options.

Several equities analysts recently issued reports on the stock. KeyCorp reiterated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Daiwa Capital Markets cut shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. J P Morgan Chase & Co upgraded shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Finally, Morgan Stanley cut shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, November 27th. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Taiwan Semiconductor Manufacturing currently has an average rating of “Hold” and an average price target of $27.00.

Shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) opened at $39.50 on Friday. Taiwan Semiconductor Manufacturing has a 52 week low of $28.50 and a 52 week high of $43.02. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.11 and a current ratio of 2.36. The company has a market cap of $199,370.00, a PE ratio of 18.41, a P/E/G ratio of 1.21 and a beta of 0.74.

A number of large investors have recently bought and sold shares of TSM. Steward Partners Investment Advisory LLC bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth about $113,000. Bruderman Asset Management LLC bought a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth about $115,000. AGF Investments Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 63.8% during the third quarter. AGF Investments Inc. now owns 3,636 shares of the semiconductor company’s stock worth $137,000 after acquiring an additional 1,416 shares in the last quarter. Pictet & Cie Europe SA boosted its stake in Taiwan Semiconductor Manufacturing by 30.6% during the second quarter. Pictet & Cie Europe SA now owns 28,110 shares of the semiconductor company’s stock worth $193,000 after acquiring an additional 6,586 shares in the last quarter. Finally, Conning Inc. bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth about $201,000. 19.63% of the stock is currently owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Company 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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