Candriam Luxembourg S.C.A. Has $2.03 Million Position in Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Candriam Luxembourg S.C.A. boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 11.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,002 shares of the semiconductor company’s stock after acquiring an additional 5,752 shares during the quarter. Candriam Luxembourg S.C.A.’s holdings in Taiwan Semiconductor Manufacturing were worth $2,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of TSM. Cornerstone Capital Management Holdings LLC. purchased a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $152,774,000. Vanguard Group Inc. raised its position in Taiwan Semiconductor Manufacturing by 10.6% during the 2nd quarter. Vanguard Group Inc. now owns 43,283,137 shares of the semiconductor company’s stock valued at $1,513,179,000 after purchasing an additional 4,139,915 shares during the last quarter. Janus Henderson Group PLC raised its position in Taiwan Semiconductor Manufacturing by 114.2% during the 2nd quarter. Janus Henderson Group PLC now owns 7,081,407 shares of the semiconductor company’s stock valued at $247,533,000 after purchasing an additional 3,775,916 shares during the last quarter. Principal Financial Group Inc. raised its position in Taiwan Semiconductor Manufacturing by 292.9% during the 2nd quarter. Principal Financial Group Inc. now owns 3,807,524 shares of the semiconductor company’s stock valued at $133,111,000 after purchasing an additional 2,838,422 shares during the last quarter. Finally, Harding Loevner LP raised its position in Taiwan Semiconductor Manufacturing by 19.6% during the 2nd quarter. Harding Loevner LP now owns 17,250,016 shares of the semiconductor company’s stock valued at $603,060,000 after purchasing an additional 2,828,155 shares during the last quarter. Institutional investors own 19.30% of the company’s stock.

A number of research analysts have commented on the company. KeyCorp reaffirmed a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 20th. Daiwa Capital Markets lowered Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. J P Morgan Chase & Co raised Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Zacks Investment Research raised Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Finally, BidaskClub lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $27.00.

ILLEGAL ACTIVITY WARNING: “Candriam Luxembourg S.C.A. Has $2.03 Million Position in Taiwan Semiconductor Manufacturing Company Ltd. (TSM)” was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://stocknewstimes.com/2017/11/17/candriam-luxembourg-s-c-a-has-2-03-million-position-in-taiwan-semiconductor-manufacturing-company-ltd-tsm.html.

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) opened at $42.10 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $28.34 and a 52-week high of $42.71. The stock has a market capitalization of $215,426.44, a P/E ratio of 19.41, a PEG ratio of 1.28 and a beta of 0.77. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.60 and a quick ratio of 1.48.

Taiwan Semiconductor Manufacturing 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)

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

Latest News

Leave a Reply