Mondrian Investment Partners LTD Increases Holdings in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

Mondrian Investment Partners LTD increased its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 0.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,456,344 shares of the semiconductor company’s stock after purchasing an additional 15,941 shares during the quarter. Taiwan Semiconductor Mfg. makes up approximately 6.7% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 3rd biggest position. Mondrian Investment Partners LTD owned approximately 0.09% of Taiwan Semiconductor Mfg. worth $207,131,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Northwest Investment Counselors LLC bought a new stake in Taiwan Semiconductor Mfg. during the third quarter valued at about $25,000. Quest Capital Management Inc. ADV bought a new stake in shares of Taiwan Semiconductor Mfg. during the third quarter valued at approximately $32,000. Trustcore Financial Services LLC raised its stake in shares of Taiwan Semiconductor Mfg. by 129.9% during the second quarter. Trustcore Financial Services LLC now owns 699 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 395 shares in the last quarter. Horan Capital Advisors LLC. bought a new stake in shares of Taiwan Semiconductor Mfg. during the third quarter valued at approximately $33,000. Finally, JNBA Financial Advisors raised its stake in shares of Taiwan Semiconductor Mfg. by 87.5% during the second quarter. JNBA Financial Advisors now owns 902 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 421 shares in the last quarter. 19.12% of the stock is currently owned by institutional investors.

Several analysts have recently weighed in on TSM shares. Goldman Sachs Group reaffirmed a “buy” rating and set a $55.00 price target on shares of Taiwan Semiconductor Mfg. in a research note on Monday, September 30th. ValuEngine downgraded shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. CLSA raised shares of Taiwan Semiconductor Mfg. from an “underperform” rating to a “buy” rating in a research note on Friday, July 19th. Morgan Stanley raised shares of Taiwan Semiconductor Mfg. from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, September 4th. Finally, Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “buy” rating and set a $47.00 price objective for the company in a research note on Saturday, August 3rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $51.00.

Shares of TSM traded down $0.84 during trading hours on Friday, reaching $52.83. 6,557,033 shares of the company traded hands, compared to its average volume of 8,055,855. The stock has a market capitalization of $277.71 billion, a P/E ratio of 23.58, a P/E/G ratio of 2.41 and a beta of 1.02. The company has a quick ratio of 1.45, a current ratio of 1.62 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $34.22 and a 12-month high of $54.37. The business has a fifty day moving average price of $48.88 and a 200-day moving average price of $43.37.

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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