Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Stake Decreased by Cape Cod Five Cents Savings Bank

Cape Cod Five Cents Savings Bank decreased its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 20.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 142,100 shares of the semiconductor company’s stock after selling 37,382 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Taiwan Semiconductor Mfg. Co. were worth $4,667,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Advisors Preferred LLC purchased a new position in Taiwan Semiconductor Mfg. Co. during the third quarter valued at approximately $120,000. SRS Capital Advisors Inc. purchased a new position in Taiwan Semiconductor Mfg. Co. during the fourth quarter valued at approximately $175,000. Polar Capital LLP purchased a new position in Taiwan Semiconductor Mfg. Co. during the third quarter valued at approximately $203,000. Scotia Capital Inc. purchased a new position in Taiwan Semiconductor Mfg. Co. during the fourth quarter valued at approximately $225,000. Finally, Crow Point Partners LLC purchased a new position in Taiwan Semiconductor Mfg. Co. during the third quarter valued at approximately $233,000. 20.21% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) traded up 0.91% during midday trading on Friday, hitting $32.08. 4,530,434 shares of the stock traded hands. The company’s 50-day moving average is $32.18 and its 200 day moving average is $30.82. The firm has a market capitalization of $166.37 billion, a PE ratio of 14.35 and a beta of 0.88. Taiwan Semiconductor Mfg. Co. Ltd. has a 52 week low of $22.75 and a 52 week high of $33.53.

Taiwan Semiconductor Mfg. Co. (NYSE:TSM) last announced its quarterly earnings data on Thursday, April 13th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.01. The firm earned $233.91 billion during the quarter, compared to analysts’ expectations of $237.12 billion. Taiwan Semiconductor Mfg. Co. had a net margin of 35.31% and a return on equity of 26.79%. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.50 earnings per share. Analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post $2.19 earnings per share for the current year.

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Several brokerages have recently issued reports on TSM. Zacks Investment Research lowered shares of Taiwan Semiconductor Mfg. Co. from a “buy” rating to a “hold” rating in a research note on Wednesday. Susquehanna Bancshares Inc restated a “neutral” rating on shares of Taiwan Semiconductor Mfg. Co. in a research note on Friday, January 6th. HSBC Holdings plc upgraded shares of Taiwan Semiconductor Mfg. Co. from a “hold” rating to a “buy” rating in a research note on Tuesday, March 7th. Finally, Rosenblatt Securities set a $27.00 price target on shares of Taiwan Semiconductor Mfg. Co. and gave the stock a “buy” rating in a research note on Saturday, April 15th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $30.33.

Taiwan Semiconductor Mfg. Co. 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.

5 Day Chart for NYSE:TSM

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