Hanson & Doremus Investment Management cut its stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 0.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 81,645 shares of the semiconductor company’s stock after selling 273 shares during the quarter. Taiwan Semiconductor Mfg. makes up 1.1% of Hanson & Doremus Investment Management’s portfolio, making the stock its 19th largest holding. Hanson & Doremus Investment Management’s holdings in Taiwan Semiconductor Mfg. were worth $3,344,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Horan Capital Advisors LLC. bought a new position in shares of Taiwan Semiconductor Mfg. in the first quarter valued at about $29,000. First Bank & Trust bought a new position in shares of Taiwan Semiconductor Mfg. in the fourth quarter valued at about $29,000. Advocacy Wealth Management Services LLC raised its holdings in shares of Taiwan Semiconductor Mfg. by 55.6% in the first quarter. Advocacy Wealth Management Services LLC now owns 789 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 282 shares during the last quarter. Somerset Trust Co raised its holdings in shares of Taiwan Semiconductor Mfg. by 183.1% in the first quarter. Somerset Trust Co now owns 889 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 575 shares during the last quarter. Finally, Berman Capital Advisors LLC bought a new position in shares of Taiwan Semiconductor Mfg. in the fourth quarter valued at about $34,000. 19.43% of the stock is owned by institutional investors.

A number of research analysts recently issued reports on the company. Zacks Investment Research cut Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. CLSA cut Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a report on Thursday, January 17th. Finally, ValuEngine cut Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold”.

NYSE:TSM traded up $0.19 on Tuesday, hitting $45.34. 198,637 shares of the stock were exchanged, compared to its average volume of 8,103,845. The stock has a market capitalization of $234.36 billion, a P/E ratio of 20.21, a P/E/G ratio of 3.03 and a beta of 0.97. Taiwan Semiconductor Mfg. Co. Ltd. has a 52 week low of $34.22 and a 52 week high of $45.64. The company has a current ratio of 2.79, a quick ratio of 2.49 and a debt-to-equity ratio of 0.03.

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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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