Earnest Partners LLC lifted its stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,016,027 shares of the semiconductor company’s stock after acquiring an additional 7,071 shares during the quarter. Earnest Partners LLC’s holdings in Taiwan Semiconductor Mfg. were worth $40,285,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. bought a new stake in shares of Taiwan Semiconductor Mfg. during the 4th quarter worth about $114,000. SeaCrest Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Mfg. during the 4th quarter worth about $109,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Taiwan Semiconductor Mfg. during the 3rd quarter worth about $113,000. Calton & Associates Inc. bought a new stake in shares of Taiwan Semiconductor Mfg. during the 4th quarter worth about $146,000. Finally, Delpha Capital Management LLC bought a new stake in shares of Taiwan Semiconductor Mfg. during the 4th quarter worth about $131,000. Institutional investors own 19.27% of the company’s stock.

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Taiwan Semiconductor Mfg. Co. Ltd. (NYSE TSM) opened at $44.99 on Wednesday. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $31.20 and a 12-month high of $46.57. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.18 and a current ratio of 2.39. The firm has a market capitalization of $234,510.92, a PE ratio of 20.84, a P/E/G ratio of 1.21 and a beta of 0.87.

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

TSM has been the subject of several recent analyst reports. Morgan Stanley downgraded Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a research note on Monday, November 27th. Goldman Sachs Group raised Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research report on Monday, January 22nd. HSBC raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Tuesday, January 16th. ValuEngine raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Zacks Investment Research cut Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $39.00.

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Taiwan Semiconductor Mfg. 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.

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

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