Carroll Financial Associates Inc. Has $119,000 Stake in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Carroll Financial Associates Inc. lifted its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 45.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,920 shares of the semiconductor company’s stock after buying an additional 913 shares during the period. Carroll Financial Associates Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $119,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Empire Life Investments Inc. increased its stake in Taiwan Semiconductor Mfg. by 1.4% in the 1st quarter. Empire Life Investments Inc. now owns 134,877 shares of the semiconductor company’s stock valued at $5,525,000 after purchasing an additional 1,815 shares in the last quarter. Pennsylvania Trust Co increased its stake in Taiwan Semiconductor Mfg. by 465.5% in the 1st quarter. Pennsylvania Trust Co now owns 37,525 shares of the semiconductor company’s stock valued at $2,059,000 after purchasing an additional 30,889 shares in the last quarter. Raymond James Trust N.A. increased its stake in Taiwan Semiconductor Mfg. by 13.4% in the 1st quarter. Raymond James Trust N.A. now owns 22,926 shares of the semiconductor company’s stock valued at $939,000 after purchasing an additional 2,707 shares in the last quarter. Scout Investments Inc. increased its stake in Taiwan Semiconductor Mfg. by 1.2% in the 1st quarter. Scout Investments Inc. now owns 142,949 shares of the semiconductor company’s stock valued at $5,855,000 after purchasing an additional 1,635 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in Taiwan Semiconductor Mfg. by 377.3% in the 1st quarter. Virtu Financial LLC now owns 40,783 shares of the semiconductor company’s stock valued at $1,671,000 after purchasing an additional 32,239 shares in the last quarter. 19.43% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently weighed in on TSM shares. ValuEngine downgraded Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Friday, January 4th. CLSA downgraded Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research note on Thursday, January 17th. Finally, Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “strong sell” rating in a research note on Friday, January 18th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. Taiwan Semiconductor Mfg. currently has a consensus rating of “Hold”.

Shares of NYSE:TSM opened at $45.40 on Monday. The firm has a market cap of $235.45 billion, a price-to-earnings 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. Co. Ltd. has a one year low of $34.22 and a one year high of $45.64.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its earnings results on Thursday, January 17th. The semiconductor company reported $0.63 EPS for the quarter, meeting analysts’ consensus estimates of $0.63. The firm had revenue of $9.40 billion for the quarter. Taiwan Semiconductor Mfg. had a return on equity of 21.96% and a net margin of 34.04%. As a group, equities research analysts forecast that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.12 earnings per share for the current year.

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Taiwan Semiconductor Mfg. 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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