OLD Mission Capital LLC bought a new position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 59,757 shares of the semiconductor company’s stock, valued at approximately $2,369,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in TSM. Harding Loevner LP boosted its holdings in shares of Taiwan Semiconductor Mfg. by 1,575.4% in the third quarter. Harding Loevner LP now owns 289,009,863 shares of the semiconductor company’s stock worth $412,105,000 after buying an additional 271,759,847 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Taiwan Semiconductor Mfg. by 13.0% in the third quarter. Bank of New York Mellon Corp now owns 46,289,495 shares of the semiconductor company’s stock worth $1,738,170,000 after buying an additional 5,317,439 shares during the period. Two Sigma Investments LP boosted its holdings in shares of Taiwan Semiconductor Mfg. by 571.0% in the fourth quarter. Two Sigma Investments LP now owns 2,833,897 shares of the semiconductor company’s stock worth $112,364,000 after buying an additional 2,411,568 shares during the period. Vontobel Asset Management Inc. boosted its holdings in shares of Taiwan Semiconductor Mfg. by 14.5% in the fourth quarter. Vontobel Asset Management Inc. now owns 16,762,195 shares of the semiconductor company’s stock worth $678,880,000 after buying an additional 2,120,449 shares during the period. Finally, Capital International Investors boosted its holdings in shares of Taiwan Semiconductor Mfg. by 38.5% in the third quarter. Capital International Investors now owns 7,506,191 shares of the semiconductor company’s stock worth $281,857,000 after buying an additional 2,085,137 shares during the period. Institutional investors own 19.27% of the company’s stock.

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Shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) opened at $44.99 on Wednesday. The company has a current ratio of 2.39, a quick ratio of 2.18 and a debt-to-equity ratio of 0.06. The company has a market cap of $234,510.92, a P/E ratio of 20.84, a P/E/G ratio of 1.21 and a beta of 0.87. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $31.20 and a fifty-two week high of $46.57.

Taiwan Semiconductor Mfg. (NYSE:TSM) last posted its quarterly earnings results on Thursday, January 18th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. The business had revenue of $9.21 billion during the quarter, compared to analysts’ expectations of $9.15 billion. Taiwan Semiconductor Mfg. had a net margin of 35.08% and a return on equity of 23.73%. analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.5 EPS for the current year.

Several research analysts have commented on TSM shares. Morgan Stanley cut shares of Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a report on Monday, November 27th. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a report on Thursday, January 11th. HSBC upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Finally, Goldman Sachs Group upgraded shares of Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a report on Monday, January 22nd. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $39.00.

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About Taiwan Semiconductor Mfg.

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 Mfg. (NYSE:TSM)

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