Investors bought shares of Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) on weakness during trading on Thursday. $51.40 million flowed into the stock on the tick-up and $31.47 million flowed out of the stock on the tick-down, for a money net flow of $19.93 million into the stock. Of all companies tracked, Taiwan Semiconductor Manufacturing had the 5th highest net in-flow for the day. Taiwan Semiconductor Manufacturing traded down ($0.08) for the day and closed at $29.14

Several equities research analysts have issued reports on the stock. Nomura cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 12th. JPMorgan Chase & Co. cut shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to a “neutral” rating in a research report on Tuesday, July 12th. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating and set a $30.00 price objective for the company in a research report on Friday, July 8th. Goldman Sachs Group Inc. cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 28th. Finally, Daiwa Capital Markets raised shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to a “buy” rating in a research report on Friday, June 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Taiwan Semiconductor Manufacturing has an average rating of “Buy” and an average price target of $24.33.

The company’s 50 day moving average price is $27.39 and its 200-day moving average price is $25.22. The stock has a market capitalization of $151.12 billion and a P/E ratio of 17.04.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, July 14th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $4.54 by $4.11. The company had revenue of $6.84 billion for the quarter. During the same quarter in the previous year, the company earned $3.08 earnings per share. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. Equities analysts forecast that Taiwan Semiconductor Manufacturing Co. will post $1.88 EPS for the current fiscal year.

The company also recently disclosed a dividend, which was paid on Thursday, July 21st. Investors of record on Wednesday, June 29th were given a dividend of $0.744 per share. The ex-dividend date of this dividend was Monday, June 27th.

Other large investors have recently added to or reduced their stakes in the company. Buckingham Capital Management Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 13.3% in the third quarter. Buckingham Capital Management Inc. now owns 50,053 shares of the company’s stock valued at $1,039,000 after buying an additional 5,880 shares during the last quarter. US Bancorp DE boosted its stake in Taiwan Semiconductor Manufacturing by 1.3% in the fourth quarter. US Bancorp DE now owns 897,189 shares of the company’s stock valued at $20,411,000 after buying an additional 11,477 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 1.2% in the fourth quarter. Principal Financial Group Inc. now owns 1,272,540 shares of the company’s stock valued at $28,950,000 after buying an additional 15,340 shares during the last quarter. Finally, I.G. Investment Management LTD. boosted its stake in Taiwan Semiconductor Manufacturing by 9.3% in the fourth quarter. I.G. Investment Management LTD. now owns 868,424 shares of the company’s stock valued at $19,757,000 after buying an additional 74,035 shares during the last quarter.

Taiwan Semiconductor Manufacturing Co, Ltd. (TSMC) is a Taiwan-based company principally engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (ICs) and other semiconductor devices and the manufacturing of masks. The Company also offers a range of wafer fabrication processes, including processes to manufacture CMOS (complementary metal oxide silicon) logic, mixed-signal, radio frequency (RF), embedded memory, BiCMOS (bipolar complementary metal oxide silicon) mixed-signal and other semiconductors.

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