Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP lessened its stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 33.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 201,099 shares of the semiconductor company’s stock after selling 101,300 shares during the quarter. Two Sigma Advisers LP’s holdings in Taiwan Semiconductor Mfg. were worth $7,423,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TSM. Capital International Investors increased its position in shares of Taiwan Semiconductor Mfg. by 363.5% during the third quarter. Capital International Investors now owns 35,218,259 shares of the semiconductor company’s stock worth $1,555,238,000 after acquiring an additional 27,619,505 shares during the last quarter. Federated Investors Inc. PA purchased a new stake in shares of Taiwan Semiconductor Mfg. during the third quarter worth about $498,534,000. BlackRock Inc. increased its position in shares of Taiwan Semiconductor Mfg. by 32.1% during the third quarter. BlackRock Inc. now owns 10,533,336 shares of the semiconductor company’s stock worth $465,151,000 after acquiring an additional 2,556,652 shares during the last quarter. ARGA Investment Management LP purchased a new stake in shares of Taiwan Semiconductor Mfg. during the fourth quarter worth about $80,539,000. Finally, Man Group plc acquired a new position in Taiwan Semiconductor Mfg. in the third quarter worth about $94,789,000. Institutional investors and hedge funds own 19.43% of the company’s stock.

TSM stock traded up $1.01 during midday trading on Friday, reaching $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 quick ratio of 2.49, a current ratio of 2.79 and a debt-to-equity ratio of 0.03. The company has a market cap of $235.45 billion, a P/E ratio of 20.27, a PEG ratio of 3.03 and a beta of 0.97. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $34.22 and a fifty-two week high of $45.64.

Taiwan Semiconductor Mfg. (NYSE:TSM) last issued its quarterly earnings data on Thursday, January 17th. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ 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%. Analysts expect that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.12 EPS for the current fiscal year.

A number of equities analysts recently commented on the company. Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a research note on Thursday, April 11th. CLSA downgraded Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research note on Thursday, January 17th. Finally, ValuEngine downgraded Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note 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 company’s stock. Taiwan Semiconductor Mfg. presently has an average rating of “Hold”.

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

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