Nomura Asset Management Co. Ltd. boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 1,387.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 96,659 shares of the semiconductor company’s stock after purchasing an additional 90,159 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $3,629,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bruderman Asset Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at about $115,000. AGF Investments Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 63.8% in the third quarter. AGF Investments Inc. now owns 3,636 shares of the semiconductor company’s stock valued at $137,000 after acquiring an additional 1,416 shares in the last quarter. Pictet & Cie Europe SA lifted its position in shares of Taiwan Semiconductor Manufacturing by 30.6% in the second quarter. Pictet & Cie Europe SA now owns 28,110 shares of the semiconductor company’s stock valued at $193,000 after acquiring an additional 6,586 shares in the last quarter. Conning Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at about $201,000. Finally, Murphy Pohlad Asset Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at about $202,000. Institutional investors own 19.63% of the company’s stock.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) traded down $0.01 during mid-day trading on Friday, hitting $39.00. The stock had a trading volume of 5,071,586 shares, compared to its average volume of 5,304,523. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $28.50 and a 1 year high of $43.02. The company has a quick ratio of 2.11, a current ratio of 2.36 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $202,254.00, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.20 and a beta of 0.74.

Several equities analysts have recently commented on TSM shares. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. J P Morgan Chase & Co upgraded Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Daiwa Capital Markets downgraded Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. KeyCorp restated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 20th. Finally, Morgan Stanley downgraded Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, November 27th. Eight research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $27.00.

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Taiwan Semiconductor Manufacturing 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.

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

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