Curbstone Financial Management Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 95.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 26,600 shares of the semiconductor company’s stock after purchasing an additional 13,000 shares during the period. Curbstone Financial Management Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $999,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bruderman Asset Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $115,000. Sit Investment Associates Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 107.7% during the 2nd quarter. Sit Investment Associates Inc. now owns 5,400 shares of the semiconductor company’s stock worth $189,000 after purchasing an additional 2,800 shares during the last quarter. U S Global Investors Inc acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth about $187,000. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $205,000. Finally, BBR Partners LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth about $206,000. 19.34% of the stock is owned by institutional investors and hedge funds.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) traded down 0.46% during trading on Wednesday, reaching $41.06. The company had a trading volume of 2,507,429 shares. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $28.34 and a 12 month high of $41.57. The firm has a 50 day moving average price of $37.93 and a 200 day moving average price of $35.77. The company has a market cap of $212.94 billion, a price-to-earnings ratio of 18.37 and a beta of 0.74.

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Several research firms recently weighed in on TSM. HSBC Holdings plc cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. BidaskClub cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. Finally, J P Morgan Chase & Co raised Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $27.00.

Taiwan Semiconductor Manufacturing 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.

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

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