Squar Milner Financial Services LLC Purchases Shares of 4,764 Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Squar Milner Financial Services LLC purchased a new stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,764 shares of the semiconductor company’s stock, valued at approximately $216,000.

A number of other large investors also recently added to or reduced their stakes in the stock. SeaCrest Wealth Management LLC purchased a new position in Taiwan Semiconductor Mfg. during the fourth quarter valued at $109,000. Steward Partners Investment Advisory LLC purchased a new position in Taiwan Semiconductor Mfg. during the third quarter valued at $113,000. AGF Investments Inc. lifted its position in Taiwan Semiconductor Mfg. by 63.8% during the third quarter. AGF Investments Inc. now owns 3,636 shares of the semiconductor company’s stock valued at $137,000 after buying an additional 1,416 shares during the period. Calton & Associates Inc. purchased a new position in Taiwan Semiconductor Mfg. during the fourth quarter valued at $146,000. Finally, Hexavest Inc. lifted its position in Taiwan Semiconductor Mfg. by 124.8% during the fourth quarter. Hexavest Inc. now owns 4,763 shares of the semiconductor company’s stock valued at $189,000 after buying an additional 2,644 shares during the period. Institutional investors and hedge funds own 19.48% of the company’s stock.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE TSM) opened at $43.52 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.36 and a quick ratio of 2.11. The stock has a market capitalization of $223,257.30, a PE ratio of 20.06, a PEG ratio of 1.16 and a beta of 0.85. Taiwan Semiconductor Mfg. Co. Ltd. has a 52-week low of $30.54 and a 52-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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. The firm had revenue of $9.21 billion during the quarter, compared to analyst estimates of $9.15 billion. Taiwan Semiconductor Mfg. had a return on equity of 24.18% and a net margin of 35.08%. research analysts expect that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.48 earnings per share for the current year.

Several brokerages have commented on TSM. ValuEngine raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research lowered Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Sanford C. Bernstein reissued a “market perform” rating and set a $42.00 price objective (up previously from $40.00) on shares of Taiwan Semiconductor Mfg. in a research report on Tuesday. Daiwa Capital Markets lowered Taiwan Semiconductor Mfg. from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. Finally, HSBC raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Tuesday, January 16th. Eight investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average 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.

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

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