Capital Advisors Inc. OK lifted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Free Report) by 54.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,398 shares of the semiconductor company’s stock after buying an additional 1,200 shares during the quarter. Capital Advisors Inc. OK’s holdings in Taiwan Semiconductor Manufacturing were worth $671,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of the company. AMF Tjanstepension AB grew its stake in shares of Taiwan Semiconductor Manufacturing by 4.8% in the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock worth $266,300,000 after acquiring an additional 70,057 shares during the last quarter. Wesbanco Bank Inc. grew its position in Taiwan Semiconductor Manufacturing by 20.7% in the 3rd quarter. Wesbanco Bank Inc. now owns 7,732 shares of the semiconductor company’s stock worth $1,343,000 after purchasing an additional 1,325 shares during the last quarter. Creative Planning increased its holdings in shares of Taiwan Semiconductor Manufacturing by 8.1% during the 3rd quarter. Creative Planning now owns 495,686 shares of the semiconductor company’s stock worth $86,086,000 after purchasing an additional 37,122 shares during the period. Regatta Capital Group LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 3.0% during the third quarter. Regatta Capital Group LLC now owns 2,727 shares of the semiconductor company’s stock valued at $474,000 after buying an additional 79 shares during the last quarter. Finally, Kapitalo Investimentos Ltda lifted its stake in shares of Taiwan Semiconductor Manufacturing by 25.3% in the third quarter. Kapitalo Investimentos Ltda now owns 38,124 shares of the semiconductor company’s stock valued at $6,621,000 after buying an additional 7,700 shares during the period. 16.51% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on TSM shares. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Finally, Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $220.00.
Taiwan Semiconductor Manufacturing Trading Down 1.1 %
Shares of TSM opened at $206.38 on Thursday. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The stock has a market cap of $1.07 trillion, a PE ratio of 29.32, a PEG ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $122.91 and a 1 year high of $226.40. The stock has a 50 day simple moving average of $205.18 and a 200-day simple moving average of $188.45.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.
Taiwan Semiconductor Manufacturing Profile
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.
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