Banque Pictet & Cie SA boosted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 8.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 190,988 shares of the semiconductor company’s stock after purchasing an additional 14,200 shares during the quarter. Banque Pictet & Cie SA’s holdings in Taiwan Semiconductor Manufacturing were worth $1,364,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of TSM. Bruderman Asset Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $115,000. Sit Investment Associates Inc. grew its position in Taiwan Semiconductor Manufacturing by 107.7% in the 2nd quarter. Sit Investment Associates Inc. now owns 5,400 shares of the semiconductor company’s stock valued at $189,000 after purchasing an additional 2,800 shares during the period. Pictet & Cie Europe SA grew its position in Taiwan Semiconductor Manufacturing by 30.6% in the 2nd quarter. Pictet & Cie Europe SA now owns 28,110 shares of the semiconductor company’s stock valued at $193,000 after purchasing an additional 6,586 shares during the period. Conning Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $201,000. Finally, Murphy Pohlad Asset Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $202,000. 19.30% of the stock is owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Company Ltd. (TSM) traded down $0.03 on Friday, reaching $42.07. 3,701,935 shares of the company’s stock were exchanged, compared to its average volume of 4,075,772. The company has a quick ratio of 1.48, a current ratio of 1.60 and a debt-to-equity ratio of 0.07. The stock has a market cap of $218,175.02, a P/E ratio of 19.66, a price-to-earnings-growth ratio of 1.30 and a beta of 0.77. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $28.34 and a 1 year high of $42.71.

TSM has been the subject of several research reports. J P Morgan Chase & Co raised shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Daiwa Capital Markets downgraded shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. BidaskClub downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 20th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Taiwan Semiconductor Manufacturing currently has a consensus rating of “Hold” and a consensus price target of $27.00.

Taiwan Semiconductor Manufacturing 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.

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

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