Sumitomo Mitsui Trust Holdings Inc. Acquires Shares of 887,914 Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

Sumitomo Mitsui Trust Holdings Inc. bought a new position in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 887,914 shares of the semiconductor company’s stock, valued at approximately $38,855,000.

Other large investors have also modified their holdings of the company. Diversified Trust Co lifted its position in shares of Taiwan Semiconductor Mfg. by 18.7% in the 4th quarter. Diversified Trust Co now owns 78,981 shares of the semiconductor company’s stock valued at $3,132,000 after acquiring an additional 12,430 shares in the last quarter. Thomas White International Ltd. lifted its position in shares of Taiwan Semiconductor Mfg. by 5.2% in the 4th quarter. Thomas White International Ltd. now owns 519,573 shares of the semiconductor company’s stock valued at $20,601,000 after acquiring an additional 25,528 shares in the last quarter. Maverick Capital Ltd. lifted its position in shares of Taiwan Semiconductor Mfg. by 82.3% in the 4th quarter. Maverick Capital Ltd. now owns 165,220 shares of the semiconductor company’s stock valued at $6,551,000 after acquiring an additional 74,580 shares in the last quarter. NINE MASTS CAPITAL Ltd purchased a new stake in shares of Taiwan Semiconductor Mfg. in the 4th quarter valued at approximately $3,907,000. Finally, First Trust Advisors LP lifted its position in shares of Taiwan Semiconductor Mfg. by 4.3% in the 4th quarter. First Trust Advisors LP now owns 1,126,138 shares of the semiconductor company’s stock valued at $44,651,000 after acquiring an additional 46,431 shares in the last quarter. Hedge funds and other institutional investors own 19.40% of the company’s stock.

Taiwan Semiconductor Mfg. traded down $0.50, reaching $38.46, during midday trading on Friday, MarketBeat reports. The stock had a trading volume of 315,807 shares, compared to its average volume of 7,484,537. Taiwan Semiconductor Mfg. Co. Ltd. has a 1-year low of $39.28 and a 1-year high of $39.77. The company has a current ratio of 2.71, a quick ratio of 2.47 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $206.35 billion, a PE ratio of 17.72, a PEG ratio of 1.13 and a beta of 0.91.



Taiwan Semiconductor Mfg. (NYSE:TSM) last posted its earnings results on Thursday, April 19th. The semiconductor company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $248.08 billion during the quarter, compared to analyst estimates of $250.89 billion. Taiwan Semiconductor Mfg. had a net margin of 34.83% and a return on equity of 23.36%. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.38 earnings per share. analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.35 EPS for the current fiscal year.

A number of research firms have issued reports on TSM. ValuEngine downgraded shares of Taiwan Semiconductor Mfg. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 19th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $42.00 target price (up previously from $40.00) on shares of Taiwan Semiconductor Mfg. in a research report on Tuesday, February 13th. Credit Suisse Group upgraded shares of Taiwan Semiconductor Mfg. from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 20th. Zacks Investment Research downgraded shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Goldman Sachs upgraded shares of Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a report on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $46.00.

Taiwan Semiconductor Mfg. Company Profile

Taiwan Semiconductor Manufacturing Company Limited., together with its subsidiaries, engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits, color filters, and other semiconductor devices primarily in Taiwan. It manufactures masks and electronic parts; sells solar related products; wholesales and retails electronic materials; and researches, develops, and tests RFID systems.

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

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