MAI Capital Management boosted its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 43.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,250 shares of the semiconductor company’s stock after buying an additional 3,121 shares during the quarter. MAI Capital Management’s holdings in Taiwan Semiconductor Mfg. were worth $375,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. BlackRock Inc. grew its position in shares of Taiwan Semiconductor Mfg. by 27.6% in the first quarter. BlackRock Inc. now owns 10,155,862 shares of the semiconductor company’s stock valued at $444,421,000 after purchasing an additional 2,194,436 shares during the last quarter. Hanson & Doremus Investment Management grew its position in Taiwan Semiconductor Mfg. by 9.3% during the first quarter. Hanson & Doremus Investment Management now owns 96,933 shares of the semiconductor company’s stock worth $4,242,000 after buying an additional 8,226 shares in the last quarter. WCM Investment Management CA grew its position in Taiwan Semiconductor Mfg. by 4.5% during the first quarter. WCM Investment Management CA now owns 21,544,859 shares of the semiconductor company’s stock worth $942,803,000 after buying an additional 930,897 shares in the last quarter. Thomas White International Ltd. grew its position in Taiwan Semiconductor Mfg. by 2.0% during the first quarter. Thomas White International Ltd. now owns 529,931 shares of the semiconductor company’s stock worth $23,190,000 after buying an additional 10,358 shares in the last quarter. Finally, First Republic Investment Management Inc. grew its position in Taiwan Semiconductor Mfg. by 9.3% during the first quarter. First Republic Investment Management Inc. now owns 190,905 shares of the semiconductor company’s stock worth $8,354,000 after buying an additional 16,241 shares in the last quarter. 19.16% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently weighed in on TSM shares. Zacks Investment Research raised Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research report on Tuesday, September 25th. ValuEngine cut shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Friday. Morgan Stanley upgraded shares of Taiwan Semiconductor Mfg. from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, September 18th. Nomura upgraded shares of Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research note on Thursday, July 19th. Finally, UBS Group upgraded shares of Taiwan Semiconductor Mfg. from a “neutral” rating to a “positive” rating in a research report on Monday, July 2nd. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $46.00.

TSM traded up $0.72 during trading on Friday, reaching $39.66. 7,551,619 shares of the company’s stock were exchanged, compared to its average volume of 7,579,315. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.86 and a current ratio of 2.07. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $35.35 and a fifty-two week high of $46.57. The firm has a market capitalization of $229.02 billion, a PE ratio of 18.28, a P/E/G ratio of 1.31 and a beta of 1.07.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its earnings results on Thursday, July 19th. The semiconductor company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.02. Taiwan Semiconductor Mfg. had a net margin of 34.74% and a return on equity of 23.10%. The firm had revenue of $233.28 billion during the quarter, compared to analyst estimates of $230.77 billion. During the same quarter in the previous year, the business earned $2.56 EPS. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. Equities analysts forecast that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.25 EPS for the current year.

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.

Further Reading: Book Value Per Share in Stock Trading

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

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