Cozad Asset Management Inc. purchased a new stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the second quarter, according to its most recent filing with the SEC. The firm purchased 17,921 shares of the semiconductor company’s stock, valued at approximately $655,000.

Several other large investors also recently made changes to their positions in TSM. Bruderman Asset Management LLC purchased a new position in Taiwan Semiconductor Mfg. during the 1st quarter worth $101,000. Braun Bostich & Associates Inc. purchased a new position in Taiwan Semiconductor Mfg. during the 1st quarter worth $104,000. Flagship Harbor Advisors LLC purchased a new position in Taiwan Semiconductor Mfg. during the 2nd quarter worth $120,000. Institutional & Family Asset Management LLC purchased a new position in Taiwan Semiconductor Mfg. during the 1st quarter worth $121,000. Finally, Blackhawk Capital Partners LLC. grew its stake in Taiwan Semiconductor Mfg. by 1,126.9% during the 1st quarter. Blackhawk Capital Partners LLC. now owns 3,190 shares of the semiconductor company’s stock worth $140,000 after buying an additional 2,930 shares during the last quarter. Institutional investors and hedge funds own 19.17% of the company’s stock.

Shares of TSM opened at $44.41 on Friday. Taiwan Semiconductor Mfg. Co. Ltd. has a one year low of $35.35 and a one year high of $46.57. The company has a quick ratio of 1.86, a current ratio of 2.07 and a debt-to-equity ratio of 0.06. The stock has a market cap of $227.88 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 1.30 and a beta of 1.06.

Taiwan Semiconductor Mfg. (NYSE:TSM) last issued its quarterly earnings results on Thursday, July 19th. The semiconductor company reported $0.47 EPS for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.02. Taiwan Semiconductor Mfg. had a return on equity of 23.19% and a net margin of 34.74%. The company had revenue of $233.28 billion during the quarter, compared to analysts’ expectations of $230.77 billion. During the same quarter in the previous year, the firm posted $2.56 EPS. The firm’s revenue was up 9.1% compared to the same quarter last year. equities research analysts expect that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.25 earnings per share for the current year.

TSM has been the topic of several research analyst reports. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Wednesday, July 25th. Nomura upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research note on Thursday, July 19th. Zacks Investment Research upgraded Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research note on Thursday. Susquehanna Bancshares upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to a “positive” rating in a research note on Monday, July 2nd. Finally, UBS Group upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to a “positive” rating in a research note on Monday, July 2nd. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $46.00.

Taiwan Semiconductor Mfg. Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

See Also: Fundamental Analysis and Individual Investors

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM).

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

Receive News & Ratings for Taiwan Semiconductor Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Mfg. and related companies with MarketBeat.com's FREE daily email newsletter.