Sanders Capital LLC increased its stake in shares of Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) by 0.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,696,922 shares of the company’s stock after buying an additional 39,651 shares during the period. Taiwan Semiconductor Manufacturing makes up 5.4% of Sanders Capital LLC’s holdings, making the stock its 4th largest position. Sanders Capital LLC owned about 0.48% of Taiwan Semiconductor Manufacturing worth $665,032,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC increased its position in Taiwan Semiconductor Manufacturing by 4.1% in the second quarter. Fisher Asset Management LLC now owns 29,241,549 shares of the company’s stock valued at $795,370,000 after buying an additional 1,143,711 shares during the period. Wellington Management Group LLP increased its position in Taiwan Semiconductor Manufacturing by 31.2% in the first quarter. Wellington Management Group LLP now owns 8,809,900 shares of the company’s stock valued at $230,820,000 after buying an additional 2,095,906 shares during the period. Hermes Investment Management Ltd. increased its position in Taiwan Semiconductor Manufacturing by 1.8% in the second quarter. Hermes Investment Management Ltd. now owns 5,001,240 shares of the company’s stock valued at $131,183,000 after buying an additional 88,868 shares during the period. Carmignac Gestion increased its position in Taiwan Semiconductor Manufacturing by 0.6% in the second quarter. Carmignac Gestion now owns 4,644,668 shares of the company’s stock valued at $121,830,000 after buying an additional 28,500 shares during the period. Finally, Renaissance Technologies LLC increased its position in Taiwan Semiconductor Manufacturing by 14.4% in the first quarter. Renaissance Technologies LLC now owns 3,671,851 shares of the company’s stock valued at $96,202,000 after buying an additional 462,372 shares during the period. Hedge funds and other institutional investors own 19.51% of the company’s stock.

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

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) traded up 1.33% during midday trading on Friday, reaching $31.18. The company’s stock had a trading volume of 5,753,449 shares. Taiwan Semiconductor Manufacturing Co. has a 12-month low of $20.45 and a 12-month high of $31.21. The stock’s 50 day moving average is $29.47 and its 200 day moving average is $26.83. The stock has a market cap of $161.70 billion, a P/E ratio of 18.02 and a beta of 0.95.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, July 14th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.54 by $4.11. The company earned $6.84 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 33.94% and a return on equity of 23.38%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm earned $3.08 EPS. Analysts anticipate that Taiwan Semiconductor Manufacturing Co. will post $1.89 earnings per share for the current year.

TSM has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating and set a $30.00 price objective on the stock in a report on Friday, July 8th. Susquehanna upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and set a $28.00 price objective on the stock in a report on Tuesday. JPMorgan Chase & Co. downgraded shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 12th. Goldman Sachs Group Inc. downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “neutral” rating in a report on Tuesday, June 28th. Finally, Nomura downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “neutral” rating in a report on Tuesday, July 12th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Taiwan Semiconductor Manufacturing has an average rating of “Buy” and a consensus price target of $29.00.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Co, Ltd. (TSMC) is a Taiwan-based company principally engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (ICs) and other semiconductor devices and the manufacturing of masks. The Company also offers a range of wafer fabrication processes, including processes to manufacture CMOS (complementary metal oxide silicon) logic, mixed-signal, radio frequency (RF), embedded memory, BiCMOS (bipolar complementary metal oxide silicon) mixed-signal and other semiconductors.

5 Day Chart for NYSE:TSM

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