Sarasin & Partners LLP increased its position in Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) by 84.0% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 4,852,108 shares of the company’s stock after buying an additional 2,214,516 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 2.3% of Sarasin & Partners LLP’s holdings, making the stock its 12th largest position. Sarasin & Partners LLP owned 0.09% of Taiwan Semiconductor Manufacturing worth $148,426,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TSM. PineBridge Investments L.P. boosted its position in shares of Taiwan Semiconductor Manufacturing by 7.3% in the second quarter. PineBridge Investments L.P. now owns 4,036 shares of the company’s stock worth $106,000 after buying an additional 275 shares in the last quarter. Howe & Rusling Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 11.1% in the second quarter. Howe & Rusling Inc. now owns 4,595 shares of the company’s stock worth $121,000 after buying an additional 458 shares in the last quarter. Glenmede Trust Co. NA boosted its position in shares of Taiwan Semiconductor Manufacturing by 117.5% in the second quarter. Glenmede Trust Co. NA now owns 4,800 shares of the company’s stock worth $125,000 after buying an additional 2,593 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 94.0% in the second quarter. O Shaughnessy Asset Management LLC now owns 5,217 shares of the company’s stock worth $137,000 after buying an additional 2,528 shares in the last quarter. Finally, Mycio Wealth Partners LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 5.3% in the second quarter. Mycio Wealth Partners LLC now owns 5,266 shares of the company’s stock worth $138,000 after buying an additional 266 shares in the last quarter. Institutional investors and hedge funds own 19.69% of the company’s stock.

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

Shares of Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) opened at 29.55 on Wednesday. The company has a market cap of $153.25 billion, a price-to-earnings ratio of 16.19 and a beta of 0.94. The firm has a 50-day moving average of $30.45 and a 200 day moving average of $28.30. Taiwan Semiconductor Manufacturing Co. has a 12 month low of $20.45 and a 12 month high of $31.62.

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A number of research firms recently weighed in on TSM. HSBC lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Thursday, October 13th. Susquehanna raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and set a $28.00 price target on the stock in a research report on Tuesday, October 4th. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Wednesday, September 21st. Finally, Bank of America Corp. reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, September 19th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $30.50.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of integrated circuits and semiconductors. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks.

5 Day Chart for NYSE:TSM

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