Traders Buy High Volume of Taiwan Semiconductor Mfg. Call Options (TSM)

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) saw unusually large options trading on Thursday. Traders purchased 9,036 call options on the stock. This represents an increase of 1,235% compared to the average volume of 677 call options.

Several equities research analysts have issued reports on TSM shares. HSBC upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Tuesday, January 16th. Zacks Investment Research upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a report on Thursday, January 11th. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Morgan Stanley downgraded Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a report on Monday, November 27th. Finally, KeyCorp restated a “hold” rating on shares of Taiwan Semiconductor Mfg. in a report on Friday, October 20th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $37.50.

Shares of Taiwan Semiconductor Mfg. (TSM) opened at $44.67 on Friday. Taiwan Semiconductor Mfg. has a twelve month low of $29.57 and a twelve month high of $45.54. 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 firm has a market capitalization of $218,610.00, a P/E ratio of 19.94, a PEG ratio of 1.21 and a beta of 0.74.

Taiwan Semiconductor Mfg. (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 19th. The semiconductor company reported $0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.01. Taiwan Semiconductor Mfg. had a return on equity of 24.48% and a net margin of 35.71%. sell-side analysts predict that Taiwan Semiconductor Mfg. will post 2.2 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Steward Partners Investment Advisory LLC bought a new stake in shares of Taiwan Semiconductor Mfg. in the 3rd quarter valued at approximately $113,000. AGF Investments Inc. increased its holdings in shares of Taiwan Semiconductor Mfg. by 63.8% in the 3rd quarter. AGF Investments Inc. now owns 3,636 shares of the semiconductor company’s stock valued at $137,000 after acquiring an additional 1,416 shares during the last quarter. Hexavest Inc. increased its holdings in shares of Taiwan Semiconductor Mfg. by 124.8% in the 4th quarter. Hexavest Inc. now owns 4,763 shares of the semiconductor company’s stock valued at $189,000 after acquiring an additional 2,644 shares during the last quarter. Conning Inc. bought a new stake in shares of Taiwan Semiconductor Mfg. in the 3rd quarter valued at approximately $201,000. Finally, Murphy Pohlad Asset Management LLC bought a new stake in shares of Taiwan Semiconductor Mfg. in the 3rd quarter valued at approximately $202,000. Institutional investors and hedge funds own 19.43% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece of content was originally posted by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3148152/traders-buy-high-volume-of-taiwan-semiconductor-mfg-call-options-tsm.html.

About Taiwan Semiconductor Mfg.

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.

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

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.