Whittier Trust Co. of Nevada Inc. lessened its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 9.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,457 shares of the semiconductor company’s stock after selling 1,875 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $692,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oaktree Capital Management LP increased its holdings in Taiwan Semiconductor Mfg. by 5.5% in the third quarter. Oaktree Capital Management LP now owns 4,047,500 shares of the semiconductor company’s stock valued at $151,984,000 after purchasing an additional 212,375 shares during the last quarter. CAPROCK Group Inc. increased its holdings in Taiwan Semiconductor Mfg. by 9.1% in the third quarter. CAPROCK Group Inc. now owns 36,028 shares of the semiconductor company’s stock valued at $1,353,000 after purchasing an additional 3,006 shares during the last quarter. Quantum Capital Management bought a new stake in Taiwan Semiconductor Mfg. in the third quarter valued at about $203,000. Glovista Investments LLC bought a new stake in Taiwan Semiconductor Mfg. in the third quarter valued at about $1,314,000. Finally, South Dakota Investment Council increased its holdings in Taiwan Semiconductor Mfg. by 7.0% in the third quarter. South Dakota Investment Council now owns 38,300 shares of the semiconductor company’s stock valued at $1,438,000 after purchasing an additional 2,500 shares during the last quarter. Institutional investors and hedge funds own 19.48% of the company’s stock.

A number of equities research analysts recently commented on the company. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. KeyCorp reiterated a “hold” rating on shares of Taiwan Semiconductor Mfg. in a report on Friday, October 20th. Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Daiwa Capital Markets downgraded Taiwan Semiconductor Mfg. from an “outperform” rating to a “hold” rating in a report on Thursday, October 19th. Finally, Goldman Sachs Group upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a report on Monday, January 22nd. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Taiwan Semiconductor Mfg. has an average rating of “Hold” and a consensus target price of $37.50.

Shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE TSM) opened at $42.48 on Tuesday. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $30.54 and a fifty-two week high of $46.57. The stock has a market capitalization of $215,063.42, a PE ratio of 19.58, a price-to-earnings-growth ratio of 1.11 and a beta of 0.85. The company has a quick ratio of 2.11, a current ratio of 2.36 and a debt-to-equity ratio of 0.06.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 18th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. Taiwan Semiconductor Mfg. had a return on equity of 24.18% and a net margin of 35.08%. The company had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $9.15 billion. sell-side analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.48 EPS for the current fiscal year.

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Taiwan Semiconductor Mfg. Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

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

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