Svenska Handelsbanken AB publ maintained its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,400 shares of the semiconductor company’s stock at the end of the second quarter. Taiwan Semiconductor Manufacturing makes up 2.4% of Svenska Handelsbanken AB publ’s investment portfolio, making the stock its 14th largest position. Svenska Handelsbanken AB publ’s holdings in Taiwan Semiconductor Manufacturing were worth $1,622,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Park National Corp OH raised its position in Taiwan Semiconductor Manufacturing by 0.3% in the second quarter. Park National Corp OH now owns 6,575 shares of the semiconductor company’s stock worth $230,000 after buying an additional 18 shares during the last quarter. Cornerstone Advisors Inc. raised its position in Taiwan Semiconductor Manufacturing by 0.3% in the second quarter. Cornerstone Advisors Inc. now owns 10,266 shares of the semiconductor company’s stock worth $359,000 after buying an additional 30 shares during the last quarter. Mitchell Capital Management Co. raised its position in Taiwan Semiconductor Manufacturing by 0.7% in the first quarter. Mitchell Capital Management Co. now owns 7,946 shares of the semiconductor company’s stock worth $261,000 after buying an additional 56 shares during the last quarter. Wealthsource Partners LLC raised its position in Taiwan Semiconductor Manufacturing by 1.2% in the first quarter. Wealthsource Partners LLC now owns 8,641 shares of the semiconductor company’s stock worth $284,000 after buying an additional 101 shares during the last quarter. Finally, Cypress Wealth Advisors LLC raised its position in Taiwan Semiconductor Manufacturing by 1.0% in the first quarter. Cypress Wealth Advisors LLC now owns 16,166 shares of the semiconductor company’s stock worth $531,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 19.45% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) opened at 36.85 on Monday. The company has a market capitalization of $191.11 billion, a price-to-earnings ratio of 16.60 and a beta of 0.77. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $28.20 and a 52 week high of $37.06. The company’s 50-day moving average price is $36.06 and its 200 day moving average price is $34.21.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.50 by $0.08. The firm had revenue of $213.86 billion for the quarter, compared to the consensus estimate of $214.25 billion. Taiwan Semiconductor Manufacturing had a return on equity of 25.61% and a net margin of 36.11%. The business’s revenue was down 3.6% on a year-over-year basis. During the same period last year, the company posted $2.80 EPS. On average, analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 EPS for the current year.

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A number of equities analysts have recently commented on the company. Credit Suisse Group lowered Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research note on Monday, May 15th. HSBC Holdings plc lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research note on Thursday, June 15th. Finally, BidaskClub lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $31.67.

About Taiwan Semiconductor Manufacturing

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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