Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Shares Bought by Blair William & Co. IL

Blair William & Co. IL grew its stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 42.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 135,174 shares of the semiconductor company’s stock after acquiring an additional 40,553 shares during the period. Blair William & Co. IL’s holdings in Taiwan Semiconductor Mfg. were worth $5,969,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its holdings in Taiwan Semiconductor Mfg. by 5.6% during 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. Fisher Asset Management LLC increased its holdings in Taiwan Semiconductor Mfg. by 2.8% during the third quarter. Fisher Asset Management LLC now owns 35,141,990 shares of the semiconductor company’s stock valued at $1,551,870,000 after buying an additional 952,889 shares during the period. Sanders Capital LLC increased its holdings in Taiwan Semiconductor Mfg. by 0.3% during the third quarter. Sanders Capital LLC now owns 33,060,656 shares of the semiconductor company’s stock valued at $1,611,238,000 after buying an additional 102,415 shares during the period. WCM Investment Management CA increased its holdings in Taiwan Semiconductor Mfg. by 4.0% during the third quarter. WCM Investment Management CA now owns 23,540,605 shares of the semiconductor company’s stock valued at $1,039,553,000 after buying an additional 903,416 shares during the period. Finally, Vontobel Asset Management Inc. purchased a new position in Taiwan Semiconductor Mfg. during the second quarter valued at approximately $651,425,000. 19.18% of the stock is owned by hedge funds and other institutional investors.

NYSE TSM opened at $37.59 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.34 and a current ratio of 2.67. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $35.22 and a 12-month high of $46.57. The firm has a market capitalization of $194.94 billion, a price-to-earnings ratio of 17.32, a PEG ratio of 1.14 and a beta of 1.16.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its quarterly earnings results on Thursday, October 18th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.01. Taiwan Semiconductor Mfg. had a net margin of 34.38% and a return on equity of 22.62%. The business had revenue of $260.35 billion for the quarter, compared to analyst estimates of $257.92 billion. During the same period in the previous year, the company earned $3.47 earnings per share. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. Sell-side analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.19 EPS for the current year.

Several equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a report on Thursday, November 22nd. Morgan Stanley raised shares of Taiwan Semiconductor Mfg. from an “underweight” rating to an “equal weight” rating in a report on Friday, November 16th. Finally, ValuEngine lowered shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a report on Friday, October 12th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $46.00.

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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.

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

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