Pillar Pacific Capital Management LLC raised its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 0.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 246,614 shares of the company’s stock after buying an additional 468 shares during the period. Taiwan Semiconductor Manufacturing Company makes up approximately 1.2% of Pillar Pacific Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Pillar Pacific Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing Company were worth $7,544,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the company. Buckingham Capital Management Inc. increased its position in shares of Taiwan Semiconductor Manufacturing Company by 4.1% in the first quarter. Buckingham Capital Management Inc. now owns 62,042 shares of the company’s stock worth $1,626,000 after buying an additional 2,453 shares in the last quarter. Schroder Investment Management Group increased its position in shares of Taiwan Semiconductor Manufacturing Company by 3.5% in the second quarter. Schroder Investment Management Group now owns 20,877,595 shares of the company’s stock worth $547,619,000 after buying an additional 697,422 shares in the last quarter. DUPONT CAPITAL MANAGEMENT Corp increased its position in shares of Taiwan Semiconductor Manufacturing Company by 1.9% in the second quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 2,024,863 shares of the company’s stock worth $53,112,000 after buying an additional 38,571 shares in the last quarter. Mycio Wealth Partners LLC boosted its position in shares of Taiwan Semiconductor Manufacturing Company by 5.3% in the second quarter. Mycio Wealth Partners LLC now owns 5,266 shares of the company’s stock worth $138,000 after buying an additional 266 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing Company by 3.6% in the second quarter. Cookson Peirce & Co. Inc. now owns 427,510 shares of the company’s stock worth $11,214,000 after buying an additional 14,755 shares during the last quarter. Institutional investors own 19.93% of the company’s stock.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) opened at 30.91 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $21.78 and a one year high of $31.61. The firm has a market cap of $160.30 billion, a PE ratio of 15.04 and a beta of 0.90. The firm’s 50 day moving average price is $29.83 and its 200-day moving average price is $29.65.
A number of equities analysts have commented on TSM shares. Zacks Investment Research raised Taiwan Semiconductor Manufacturing Company from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Wednesday, January 11th. HSBC Holdings plc cut Taiwan Semiconductor Manufacturing Company from a “buy” rating to a “hold” rating in a report on Thursday, October 13th. Finally, Susquehanna reissued a “neutral” rating on shares of Taiwan Semiconductor Manufacturing Company in a report on Friday, January 6th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. Taiwan Semiconductor Manufacturing Company has a consensus rating of “Hold” and an average price target of $31.00.
Taiwan Semiconductor Manufacturing Company Company Profile
Taiwan Semiconductor Manufacturing Company Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of integrated circuits and semiconductors. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks.
by Andrew Walz
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