2,181 Shares in Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Purchased by Financial Gravity Wealth Inc.

Financial Gravity Wealth Inc. purchased a new position in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 2,181 shares of the semiconductor company’s stock, valued at approximately $90,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Fisher Asset Management LLC grew its holdings in Taiwan Semiconductor Mfg. by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 36,229,503 shares of the semiconductor company’s stock valued at $1,337,231,000 after buying an additional 1,087,513 shares during the last quarter. Sanders Capital LLC grew its stake in Taiwan Semiconductor Mfg. by 2.3% in the fourth quarter. Sanders Capital LLC now owns 33,825,007 shares of the semiconductor company’s stock valued at $1,384,713,000 after acquiring an additional 764,351 shares during the period. WCM Investment Management LLC grew its stake in Taiwan Semiconductor Mfg. by 4.7% in the fourth quarter. WCM Investment Management LLC now owns 24,640,081 shares of the semiconductor company’s stock valued at $909,465,000 after acquiring an additional 1,099,476 shares during the period. Bank of America Corp DE grew its stake in Taiwan Semiconductor Mfg. by 70.5% in the fourth quarter. Bank of America Corp DE now owns 17,415,209 shares of the semiconductor company’s stock valued at $642,796,000 after acquiring an additional 7,203,838 shares during the period. Finally, FMR LLC grew its stake in Taiwan Semiconductor Mfg. by 22.1% in the fourth quarter. FMR LLC now owns 15,770,209 shares of the semiconductor company’s stock valued at $582,078,000 after acquiring an additional 2,854,186 shares during the period. 19.43% of the stock is owned by institutional investors.

TSM has been the topic of a number of research reports. ValuEngine lowered Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a report on Friday, January 4th. CLSA lowered Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a report on Thursday, January 17th. Finally, Zacks Investment Research lowered Taiwan Semiconductor Mfg. from a “hold” rating to a “strong sell” rating in a report on Friday, January 18th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold”.

TSM opened at $45.40 on Monday. Taiwan Semiconductor Mfg. Co. Ltd. has a 52-week low of $34.22 and a 52-week high of $45.64. The stock has a market cap of $235.45 billion, a P/E ratio of 20.27, a P/E/G ratio of 3.03 and a beta of 0.97. 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 released its earnings results 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 return on equity of 21.96% and a net margin of 34.04%. The business had revenue of $9.40 billion for the quarter. Equities research analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.12 EPS for the current year.

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

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