Shelton Capital Management increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 42.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,348 shares of the semiconductor company’s stock after buying an additional 28,262 shares during the quarter. Shelton Capital Management’s holdings in Taiwan Semiconductor Manufacturing were worth $3,580,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Baldwin Investment Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 0.5% in the second quarter. Baldwin Investment Management LLC now owns 25,783 shares of the semiconductor company’s stock valued at $901,000 after purchasing an additional 124 shares in the last quarter. Bahl & Gaynor Inc. grew its stake in Taiwan Semiconductor Manufacturing by 1.0% in the second quarter. Bahl & Gaynor Inc. now owns 16,055 shares of the semiconductor company’s stock valued at $462,000 after purchasing an additional 162 shares in the last quarter. People s United Financial Inc. grew its stake in Taiwan Semiconductor Manufacturing by 3.3% in the second quarter. People s United Financial Inc. now owns 8,056 shares of the semiconductor company’s stock valued at $282,000 after purchasing an additional 254 shares in the last quarter. Sterling Capital Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 2.7% in the second quarter. Sterling Capital Management LLC now owns 11,831 shares of the semiconductor company’s stock valued at $414,000 after purchasing an additional 314 shares in the last quarter. Finally, Wesbanco Bank Inc. grew its stake in Taiwan Semiconductor Manufacturing by 2.8% in the second quarter. Wesbanco Bank Inc. now owns 14,832 shares of the semiconductor company’s stock valued at $519,000 after purchasing an additional 400 shares in the last quarter. Institutional investors and hedge funds own 19.63% of the company’s stock.

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

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) traded up $0.11 on Friday, hitting $39.40. The stock had a trading volume of 4,737,700 shares, compared to its average volume of 5,787,882. The company has a market cap of $203,757.94, a P/E ratio of 18.36, a PEG ratio of 1.21 and a beta of 0.74. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $28.50 and a 52 week high of $43.02. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.11 and a current ratio of 2.36.

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About Taiwan Semiconductor Manufacturing

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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