Augustine Asset Management Inc. Has $5.63 Million Stake in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Augustine Asset Management Inc. lowered its stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 9.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 137,466 shares of the semiconductor company’s stock after selling 13,529 shares during the quarter. Taiwan Semiconductor Mfg. accounts for 3.7% of Augustine Asset Management Inc.’s investment portfolio, making the stock its 5th biggest position. Augustine Asset Management Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $5,630,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Rhumbline Advisers purchased a new stake in shares of Taiwan Semiconductor Mfg. during the 3rd quarter valued at about $242,000. CI Investments Inc. raised its holdings in shares of Taiwan Semiconductor Mfg. by 54.9% during the 3rd quarter. CI Investments Inc. now owns 1,635,336 shares of the semiconductor company’s stock valued at $72,216,000 after buying an additional 579,543 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of Taiwan Semiconductor Mfg. during the 3rd quarter valued at about $327,000. Capital Research Global Investors raised its holdings in shares of Taiwan Semiconductor Mfg. by 19.0% during the 3rd quarter. Capital Research Global Investors now owns 2,500,251 shares of the semiconductor company’s stock valued at $110,411,000 after buying an additional 399,982 shares during the period. Finally, Man Group plc purchased a new stake in shares of Taiwan Semiconductor Mfg. during the 3rd quarter valued at about $94,789,000. 19.40% of the stock is currently owned by institutional investors.

Several equities research analysts recently commented on the company. Zacks Investment Research upgraded Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a report on Saturday, April 27th. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Friday, April 19th. Finally, CLSA downgraded Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a report on Thursday, January 17th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold”.

TSM stock opened at $44.71 on Friday. The company has a market cap of $232.67 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 2.66 and a beta of 0.98. The company has a current ratio of 2.67, a quick ratio of 2.38 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a 52-week low of $34.22 and a 52-week high of $45.64.

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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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