Cardinal Capital Management Inc. grew its position in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 0.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 203,557 shares of the semiconductor company’s stock after buying an additional 330 shares during the quarter. Cardinal Capital Management Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $11,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Advisor Networks LLC lifted its holdings in shares of Taiwan Semiconductor Mfg. by 0.8% during the 3rd quarter. Cetera Advisor Networks LLC now owns 23,186 shares of the semiconductor company’s stock valued at $1,076,000 after buying an additional 191 shares during the period. Ballentine Partners LLC raised its holdings in Taiwan Semiconductor Mfg. by 2.0% in the 3rd quarter. Ballentine Partners LLC now owns 11,804 shares of the semiconductor company’s stock worth $549,000 after purchasing an additional 236 shares during the period. Pinnacle Bank raised its holdings in Taiwan Semiconductor Mfg. by 16.4% in the 3rd quarter. Pinnacle Bank now owns 1,799 shares of the semiconductor company’s stock worth $84,000 after purchasing an additional 254 shares during the period. First Personal Financial Services raised its holdings in Taiwan Semiconductor Mfg. by 0.3% in the 3rd quarter. First Personal Financial Services now owns 78,155 shares of the semiconductor company’s stock worth $3,633,000 after purchasing an additional 260 shares during the period. Finally, Sandy Spring Bank raised its holdings in Taiwan Semiconductor Mfg. by 10.0% in the 3rd quarter. Sandy Spring Bank now owns 3,300 shares of the semiconductor company’s stock worth $154,000 after purchasing an additional 300 shares during the period. 19.21% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Mfg. stock traded down $1.88 during trading on Wednesday, reaching $58.44. The company had a trading volume of 7,346,263 shares, compared to its average volume of 7,103,503. The company has a current ratio of 1.72, a quick ratio of 1.52 and a debt-to-equity ratio of 0.03. The firm’s 50-day simple moving average is $57.03 and its 200 day simple moving average is $48.47. The firm has a market capitalization of $305.25 billion, a price-to-earnings ratio of 26.09, a price-to-earnings-growth ratio of 1.74 and a beta of 1.01. Taiwan Semiconductor Mfg. Co. Ltd. has a 52 week low of $34.83 and a 52 week high of $60.64.

Taiwan Semiconductor Mfg. (NYSE:TSM) last posted its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $0.62 EPS for the quarter. The business had revenue of $9.40 billion for the quarter. Taiwan Semiconductor Mfg. had a return on equity of 20.05% and a net margin of 31.58%. On average, analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.18 earnings per share for the current year.

A number of brokerages recently commented on TSM. ValuEngine cut Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Friday, January 10th. China Renaissance Securities raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Tuesday, December 17th. Finally, Goldman Sachs Group reaffirmed a “buy” rating and issued a $55.00 target price on shares of Taiwan Semiconductor Mfg. in a report on Monday, September 30th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $60.00.

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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