Nomura Holdings Inc. lifted its position in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,040 shares of the semiconductor company’s stock after purchasing an additional 2,228 shares during the quarter. Nomura Holdings Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $1,515,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TSM. First Bank & Trust bought a new stake in shares of Taiwan Semiconductor Mfg. during the fourth quarter valued at approximately $29,000. Berman Capital Advisors LLC purchased a new position in Taiwan Semiconductor Mfg. during the fourth quarter valued at $34,000. Synovus Financial Corp raised its stake in Taiwan Semiconductor Mfg. by 114.2% during the fourth quarter. Synovus Financial Corp now owns 966 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 515 shares during the last quarter. Financial Gravity Companies Inc. purchased a new position in Taiwan Semiconductor Mfg. during the fourth quarter valued at $95,000. Finally, Evolution Wealth Advisors LLC purchased a new position in Taiwan Semiconductor Mfg. during the fourth quarter valued at $99,000. Institutional investors own 19.44% of the company’s stock.
Shares of NYSE:TSM opened at $38.82 on Friday. The firm has a market cap of $201.32 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 2.60 and a beta of 0.96. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $34.22 and a 12-month high of $45.65. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.79 and a quick ratio of 2.49.
Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 17th. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.63. The business had revenue of $9.40 billion during the quarter. Taiwan Semiconductor Mfg. had a return on equity of 21.96% and a net margin of 34.04%. As a group, research analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.12 EPS for the current year.
A number of research analysts have issued reports on the company. Zacks Investment Research cut Taiwan Semiconductor Mfg. from a “hold” rating to a “strong sell” rating in a research note on Friday, January 18th. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Tuesday, December 18th. CLSA cut Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research note on Thursday, January 17th. Finally, Morgan Stanley upgraded Taiwan Semiconductor Mfg. from an “underweight” rating to an “equal weight” rating in a research note on Friday, November 16th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $50.00.
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Taiwan Semiconductor Mfg. Company Profile
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.
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