BB&T Securities LLC decreased its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 0.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 75,807 shares of the semiconductor company’s stock after selling 308 shares during the quarter. BB&T Securities LLC’s holdings in Taiwan Semiconductor Mfg. were worth $2,798,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC grew its position in shares of Taiwan Semiconductor Mfg. by 390.7% in the third quarter. CWM LLC now owns 7,160 shares of the semiconductor company’s stock valued at $316,000 after purchasing an additional 5,701 shares during the period. Intermede Investment Partners Ltd boosted its position in Taiwan Semiconductor Mfg. by 13.0% during the third quarter. Intermede Investment Partners Ltd now owns 1,547,380 shares of the semiconductor company’s stock worth $68,332,000 after acquiring an additional 178,324 shares during the last quarter. Northern Cross LLC acquired a new position in Taiwan Semiconductor Mfg. during the third quarter worth about $13,001,000. Compagnie Lombard Odier SCmA boosted its position in Taiwan Semiconductor Mfg. by 43.3% during the third quarter. Compagnie Lombard Odier SCmA now owns 212,507 shares of the semiconductor company’s stock worth $9,385,000 after acquiring an additional 64,200 shares during the last quarter. Finally, Gilman Hill Asset Management LLC boosted its position in Taiwan Semiconductor Mfg. by 6.5% during the third quarter. Gilman Hill Asset Management LLC now owns 40,520 shares of the semiconductor company’s stock worth $1,789,000 after acquiring an additional 2,460 shares during the last quarter. Institutional investors and hedge funds own 19.36% of the company’s stock.

A number of equities analysts recently weighed in on TSM shares. Zacks Investment Research upgraded shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research report on Friday, November 9th. Morgan Stanley upgraded shares of Taiwan Semiconductor Mfg. from an “underweight” rating to an “equal weight” rating in a research report on Friday, November 16th. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Tuesday, December 18th. Finally, CLSA lowered shares of Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research report on Thursday, January 17th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $50.00.

TSM opened at $38.13 on Thursday. The stock has a market cap of $199.17 billion, a P/E ratio of 17.02, a price-to-earnings-growth ratio of 1.15 and a beta of 0.97. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $34.22 and a twelve month high of $45.75. The company has a current ratio of 2.67, a quick ratio of 2.34 and a debt-to-equity ratio of 0.04.

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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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