Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Shares Bought by Cumberland Partners Ltd

Cumberland Partners Ltd raised its position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,015 shares of the semiconductor company’s stock after purchasing an additional 3,400 shares during the period. Cumberland Partners Ltd’s holdings in Taiwan Semiconductor Mfg. were worth $4,005,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Oaktree Capital Management LP boosted its holdings in Taiwan Semiconductor Mfg. by 5.5% during the third quarter. Oaktree Capital Management LP now owns 4,047,500 shares of the semiconductor company’s stock worth $151,984,000 after purchasing an additional 212,375 shares during the last quarter. CAPROCK Group Inc. boosted its holdings in Taiwan Semiconductor Mfg. by 9.1% during the third quarter. CAPROCK Group Inc. now owns 36,028 shares of the semiconductor company’s stock worth $1,353,000 after purchasing an additional 3,006 shares during the last quarter. Quantum Capital Management acquired a new position in Taiwan Semiconductor Mfg. during the third quarter worth $203,000. Glovista Investments LLC acquired a new position in Taiwan Semiconductor Mfg. during the third quarter worth $1,314,000. Finally, South Dakota Investment Council boosted its holdings in Taiwan Semiconductor Mfg. by 7.0% during the third quarter. South Dakota Investment Council now owns 38,300 shares of the semiconductor company’s stock worth $1,438,000 after purchasing an additional 2,500 shares during the last quarter. 19.48% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have commented on the stock. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research cut shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $42.00 price target (up previously from $40.00) on shares of Taiwan Semiconductor Mfg. in a research note on Tuesday. Daiwa Capital Markets cut shares of Taiwan Semiconductor Mfg. from an “outperform” rating to a “hold” rating in a research note on Thursday, October 19th. Finally, HSBC upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $39.00.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) traded up $0.31 during trading hours on Thursday, reaching $43.36. 885,512 shares of the company were exchanged, compared to its average volume of 7,771,814. Taiwan Semiconductor Mfg. Co. Ltd. has a 1-year low of $30.54 and a 1-year high of $46.57. The company has a market capitalization of $219,782.69, a price-to-earnings ratio of 19.84, a price-to-earnings-growth ratio of 1.14 and a beta of 0.85. The company has a current ratio of 2.36, a quick ratio of 2.11 and a debt-to-equity ratio of 0.06.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its quarterly earnings results on Thursday, January 18th. The semiconductor company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.01. Taiwan Semiconductor Mfg. had a net margin of 35.08% and a return on equity of 24.18%. The business had revenue of $9.21 billion for the quarter, compared to analyst estimates of $9.15 billion. analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.48 EPS for the current fiscal year.

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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.

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

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