Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) is Triodos Investment Management BV’s Largest Position

Triodos Investment Management BV lifted its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 8.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 613,300 shares of the semiconductor company’s stock after purchasing an additional 45,300 shares during the quarter. Taiwan Semiconductor Mfg. accounts for 7.2% of Triodos Investment Management BV’s portfolio, making the stock its largest position. Triodos Investment Management BV’s holdings in Taiwan Semiconductor Mfg. were worth $28,506,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. State of New Jersey Common Pension Fund D raised its position in Taiwan Semiconductor Mfg. by 8.1% during the second quarter. State of New Jersey Common Pension Fund D now owns 3,451,476 shares of the semiconductor company’s stock valued at $135,194,000 after acquiring an additional 259,818 shares in the last quarter. Charter Trust Co. raised its position in Taiwan Semiconductor Mfg. by 58.8% during the second quarter. Charter Trust Co. now owns 18,542 shares of the semiconductor company’s stock valued at $726,000 after acquiring an additional 6,866 shares in the last quarter. CWM LLC raised its position in Taiwan Semiconductor Mfg. by 55.0% during the third quarter. CWM LLC now owns 3,664 shares of the semiconductor company’s stock valued at $170,000 after acquiring an additional 1,300 shares in the last quarter. ARK Investment Management LLC raised its position in Taiwan Semiconductor Mfg. by 4.2% during the second quarter. ARK Investment Management LLC now owns 74,861 shares of the semiconductor company’s stock valued at $2,932,000 after acquiring an additional 3,026 shares in the last quarter. Finally, Capital Insight Partners LLC raised its position in Taiwan Semiconductor Mfg. by 2.7% during the second quarter. Capital Insight Partners LLC now owns 21,586 shares of the semiconductor company’s stock valued at $846,000 after acquiring an additional 559 shares in the last quarter. 19.12% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently weighed in on TSM. Goldman Sachs Group reaffirmed a “buy” rating and set a $55.00 price objective on shares of Taiwan Semiconductor Mfg. in a research report on Monday, September 30th. ValuEngine lowered shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. CLSA raised shares of Taiwan Semiconductor Mfg. from an “underperform” rating to a “buy” rating in a research report on Friday, July 19th. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Saturday, August 3rd. Finally, Morgan Stanley raised shares of Taiwan Semiconductor Mfg. from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, September 4th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $51.00.

Shares of NYSE:TSM traded down $0.84 during trading on Friday, reaching $52.83. The stock had a trading volume of 6,542,655 shares, compared to its average volume of 7,894,698. Taiwan Semiconductor Mfg. Co. Ltd. has a 52 week low of $34.22 and a 52 week high of $54.37. The firm has a market capitalization of $277.71 billion, a price-to-earnings ratio of 23.58, a P/E/G ratio of 2.41 and a beta of 1.02. The company has a quick ratio of 1.45, a current ratio of 1.62 and a debt-to-equity ratio of 0.03. The stock has a fifty day simple moving average of $49.04 and a two-hundred day simple moving average of $43.41.

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

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