Guardian Capital Advisors LP lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 1.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 216,881 shares of the semiconductor company’s stock after selling 2,193 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 1.2% of Guardian Capital Advisors LP’s holdings, making the stock its 25th biggest holding. Guardian Capital Advisors LP’s holdings in Taiwan Semiconductor Manufacturing were worth $8,918,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Baldwin Investment Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 0.5% in the second quarter. Baldwin Investment Management LLC now owns 25,783 shares of the semiconductor company’s stock valued at $901,000 after purchasing an additional 124 shares during the last quarter. Bahl & Gaynor Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 1.0% during the second quarter. Bahl & Gaynor Inc. now owns 16,055 shares of the semiconductor company’s stock worth $462,000 after acquiring an additional 162 shares during the last quarter. People s United Financial Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 3.3% during the second quarter. People s United Financial Inc. now owns 8,056 shares of the semiconductor company’s stock worth $282,000 after acquiring an additional 254 shares during the last quarter. Sterling Capital Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 2.7% during the second quarter. Sterling Capital Management LLC now owns 11,831 shares of the semiconductor company’s stock worth $414,000 after acquiring an additional 314 shares during the last quarter. Finally, Wesbanco Bank Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 2.8% during the second quarter. Wesbanco Bank Inc. now owns 14,832 shares of the semiconductor company’s stock worth $519,000 after acquiring an additional 400 shares during the last quarter. 19.63% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on the company. Zacks Investment Research raised Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. Daiwa Capital Markets downgraded Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a report on Thursday, October 19th. Morgan Stanley downgraded Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a report on Monday, November 27th. KeyCorp reissued a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 20th. Finally, J P Morgan Chase & Co raised Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a report on Tuesday, October 10th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $27.00.

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) traded up $0.37 during trading hours on Tuesday, hitting $39.37. The stock had a trading volume of 5,272,400 shares, compared to its average volume of 5,800,112. The firm has a market cap of $202,254.00, a P/E ratio of 18.22, a PEG ratio of 1.20 and a beta of 0.74. 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 Manufacturing Company Ltd. has a fifty-two week low of $28.50 and a fifty-two week high of $43.02.

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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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