1,201 Shares in Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Purchased by Executive Wealth Management LLC

Executive Wealth Management LLC purchased a new position in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,201 shares of the semiconductor company’s stock, valued at approximately $44,000.

Other large investors also recently bought and sold shares of the company. Rhumbline Advisers acquired a new position in Taiwan Semiconductor Mfg. during the third quarter valued at approximately $242,000. CI Investments Inc. grew its holdings in Taiwan Semiconductor Mfg. by 54.9% during the third quarter. CI Investments Inc. now owns 1,635,336 shares of the semiconductor company’s stock valued at $72,216,000 after purchasing an additional 579,543 shares during the last quarter. BlackRock Inc. grew its holdings in Taiwan Semiconductor Mfg. by 32.1% during the third quarter. BlackRock Inc. now owns 10,533,336 shares of the semiconductor company’s stock valued at $465,151,000 after purchasing an additional 2,556,652 shares during the last quarter. Pinnacle Associates Ltd. acquired a new position in Taiwan Semiconductor Mfg. during the third quarter valued at approximately $262,000. Finally, Virtu Financial LLC acquired a new position in Taiwan Semiconductor Mfg. during the third quarter valued at approximately $1,134,000. 19.43% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Taiwan Semiconductor Mfg. stock traded up $1.01 during midday trading on Friday, hitting $45.40. The company had a trading volume of 16,569,844 shares, compared to its average volume of 7,042,395. The company has a market cap of $235.45 billion, a price-to-earnings ratio of 20.27, a PEG ratio of 3.03 and a beta of 0.97. The company has a current ratio of 2.79, a quick ratio of 2.49 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a 1-year low of $34.22 and a 1-year high of $45.64.

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, hitting the consensus estimate of $0.63. Taiwan Semiconductor Mfg. had a net margin of 34.04% and a return on equity of 21.96%. The business had revenue of $9.40 billion for the quarter. As a group, research analysts forecast that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.12 earnings per share for the current fiscal year.

Several equities analysts have commented on the company. Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. CLSA downgraded shares of Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research note on Thursday, January 17th. Finally, ValuEngine downgraded shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Friday, January 4th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Taiwan Semiconductor Mfg. currently has a consensus rating of “Hold”.

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About Taiwan Semiconductor Mfg.

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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