Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Shares Sold by Cetera Advisor Networks LLC

Cetera Advisor Networks LLC lessened its position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,601 shares of the semiconductor company’s stock after selling 1,418 shares during the period. Cetera Advisor Networks LLC’s holdings in Taiwan Semiconductor Mfg. were worth $945,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TSM. First Bank & Trust bought a new position in shares of Taiwan Semiconductor Mfg. in the fourth quarter valued at approximately $29,000. Berman Capital Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Mfg. during the fourth quarter valued at approximately $34,000. Synovus Financial Corp increased its position in shares of 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 acquiring an additional 515 shares during the last quarter. Sontag Advisory LLC purchased a new stake in shares of Taiwan Semiconductor Mfg. during the fourth quarter valued at approximately $71,000. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of Taiwan Semiconductor Mfg. during the fourth quarter valued at approximately $95,000. 19.43% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently commented on TSM. Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a research report on Thursday, April 11th. CLSA downgraded Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research report on Thursday, January 17th. Finally, ValuEngine downgraded Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Friday, January 4th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. Taiwan Semiconductor Mfg. has a consensus rating of “Hold”.

Shares of NYSE TSM traded up $1.01 during mid-day 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 stock has a market cap of $235.45 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 3.03 and a beta of 0.97. Taiwan Semiconductor Mfg. Co. Ltd. has a 1 year low of $34.22 and a 1 year high of $45.64. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.49 and a current ratio of 2.79.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 17th. The semiconductor company reported $0.63 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.63. The company 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%. On average, sell-side analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.12 EPS for the current year.

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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.

Read More: Institutional Investors

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

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