Anderson Hoagland & Co. reduced its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 24.4% during the first quarter, HoldingsChannel reports. The firm owned 18,710 shares of the semiconductor company’s stock after selling 6,035 shares during the quarter. Anderson Hoagland & Co.’s holdings in Taiwan Semiconductor Mfg. were worth $746,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Horan Capital Advisors LLC. acquired a new stake in Taiwan Semiconductor Mfg. during the 1st quarter worth approximately $29,000. First Bank & Trust purchased a new position in Taiwan Semiconductor Mfg. during the 4th quarter worth $29,000. Advocacy Wealth Management Services LLC boosted its holdings in shares of Taiwan Semiconductor Mfg. by 55.6% in the 1st quarter. Advocacy Wealth Management Services LLC now owns 789 shares of the semiconductor company’s stock worth $33,000 after buying an additional 282 shares during the last quarter. Somerset Trust Co boosted its holdings in shares of Taiwan Semiconductor Mfg. by 183.1% in the 1st quarter. Somerset Trust Co now owns 889 shares of the semiconductor company’s stock worth $36,000 after buying an additional 575 shares during the last quarter. Finally, Berman Capital Advisors LLC purchased a new position in shares of Taiwan Semiconductor Mfg. in the 4th quarter worth about $34,000. Institutional investors own 19.43% of the company’s stock.

Several equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. CLSA cut shares of Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research report on Thursday, January 17th. Finally, ValuEngine cut shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Friday, January 4th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold”.

TSM traded up $0.12 during trading on Tuesday, reaching $45.27. The stock had a trading volume of 348,945 shares, compared to its average volume of 8,103,845. Taiwan Semiconductor Mfg. Co. Ltd. has a one year low of $34.22 and a one year 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. The company has a market cap of $234.36 billion, a price-to-earnings ratio of 20.25, a price-to-earnings-growth ratio of 3.03 and a beta of 0.97.

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About Taiwan Semiconductor Mfg.

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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