Parametric Portfolio Associates LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 8.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,259,740 shares of the semiconductor company’s stock after purchasing an additional 178,576 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $84,853,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Harding Loevner LP grew its holdings in Taiwan Semiconductor Manufacturing by 1,575.4% during the 3rd quarter. Harding Loevner LP now owns 289,009,863 shares of the semiconductor company’s stock valued at $412,105,000 after buying an additional 271,759,847 shares in the last quarter. Capital World Investors grew its holdings in Taiwan Semiconductor Manufacturing by 0.5% during the 2nd quarter. Capital World Investors now owns 65,624,246 shares of the semiconductor company’s stock valued at $2,294,224,000 after buying an additional 313,792 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Taiwan Semiconductor Manufacturing by 13.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 46,289,495 shares of the semiconductor company’s stock valued at $1,738,170,000 after buying an additional 5,317,439 shares in the last quarter. Vanguard Group Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 10.6% during the 2nd quarter. Vanguard Group Inc. now owns 43,283,137 shares of the semiconductor company’s stock valued at $1,513,179,000 after buying an additional 4,139,915 shares in the last quarter. Finally, Sanders Capital LLC grew its holdings in Taiwan Semiconductor Manufacturing by 3.6% during the 3rd quarter. Sanders Capital LLC now owns 33,140,101 shares of the semiconductor company’s stock valued at $1,350,596,000 after buying an additional 1,156,348 shares in the last quarter. Institutional investors and hedge funds own 19.63% of the company’s stock.

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

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) traded up $0.10 during trading on Friday, hitting $39.50. The stock had a trading volume of 7,156,382 shares, compared to its average volume of 5,690,521. The stock has a market cap of $204,847.00, a PE ratio of 18.46, a price-to-earnings-growth ratio of 1.22 and a beta of 0.74. The company has a current ratio of 2.36, a quick ratio of 2.11 and a debt-to-equity ratio of 0.06. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $28.50 and a 12-month high of $43.02.

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Taiwan Semiconductor Manufacturing 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.

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

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