Taiwan Semiconductor Mfg. Co. Ltd. (TSM) is MU Investments Co. Ltd.’s 6th Largest Position

MU Investments Co. Ltd. continued to hold its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the first quarter, Holdings Channel reports. The institutional investor owned 151,400 shares of the company’s stock at the end of the first quarter. Taiwan Semiconductor Mfg. Co. accounts for approximately 3.5% of MU Investments Co. Ltd.’s investment portfolio, making the stock its 6th largest position. MU Investments Co. Ltd.’s holdings in Taiwan Semiconductor Mfg. Co. were worth $5,007,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in the stock. Flossbach Von Storch AG raised its stake in Taiwan Semiconductor Mfg. Co. by 7.2% in the third quarter. Flossbach Von Storch AG now owns 111,500 shares of the company’s stock worth $3,411,000 after buying an additional 7,500 shares during the last quarter. World Asset Management Inc raised its stake in Taiwan Semiconductor Mfg. Co. by 8.0% in the third quarter. World Asset Management Inc now owns 272,253 shares of the company’s stock worth $8,328,000 after buying an additional 20,274 shares during the last quarter. DnB Asset Management AS raised its stake in Taiwan Semiconductor Mfg. Co. by 3.8% in the third quarter. DnB Asset Management AS now owns 274,858 shares of the company’s stock worth $8,408,000 after buying an additional 10,000 shares during the last quarter. Great West Life Assurance Co. Can raised its stake in Taiwan Semiconductor Mfg. Co. by 0.5% in the third quarter. Great West Life Assurance Co. Can now owns 2,170,358 shares of the company’s stock worth $66,352,000 after buying an additional 10,200 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC raised its stake in Taiwan Semiconductor Mfg. Co. by 195.8% in the third quarter. SeaBridge Investment Advisors LLC now owns 132,230 shares of the company’s stock worth $4,045,000 after buying an additional 87,520 shares during the last quarter. Institutional investors own 20.21% of the company’s stock.

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

Shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) traded up 0.675% during trading on Monday, reaching $32.045. The company’s stock had a trading volume of 814,030 shares. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $22.75 and a 12-month high of $33.53. The company has a market cap of $166.19 billion, a PE ratio of 14.338 and a beta of 0.88. The company has a 50 day moving average of $32.14 and a 200 day moving average of $30.77.

Taiwan Semiconductor Mfg. Co. (NYSE:TSM) last issued its earnings results on Thursday, April 13th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.53 by $0.01. Taiwan Semiconductor Mfg. Co. had a return on equity of 26.79% and a net margin of 35.31%. The business had revenue of $233.91 billion for the quarter, compared to the consensus estimate of $237.12 billion. During the same period last year, the business posted $2.50 EPS. The company’s revenue was up 14.9% compared to the same quarter last year. On average, analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post $2.19 EPS for the current fiscal year.

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A number of analysts recently issued reports on the company. Zacks Investment Research upgraded Taiwan Semiconductor Mfg. Co. from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a research note on Saturday, March 18th. Rosenblatt Securities set a $27.00 price objective on Taiwan Semiconductor Mfg. Co. and gave the company a “buy” rating in a research note on Saturday. HSBC Holdings plc upgraded Taiwan Semiconductor Mfg. Co. from a “hold” rating to a “buy” rating in a research note on Tuesday, March 7th. Finally, Susquehanna Bancshares Inc reiterated a “neutral” rating on shares of Taiwan Semiconductor Mfg. Co. in a research note on Friday, January 6th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $30.33.

Taiwan Semiconductor Mfg. Co. 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.

5 Day Chart for NYSE:TSM

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