Thomas White International Ltd. decreased its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 17.4% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 522,228 shares of the semiconductor company’s stock after selling 109,933 shares during the period. Taiwan Semiconductor Manufacturing makes up 3.1% of Thomas White International Ltd.’s holdings, making the stock its 3rd largest position. Thomas White International Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $18,257,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 70,175.6% in the first quarter. BlackRock Inc. now owns 18,320,853 shares of the semiconductor company’s stock valued at $601,657,000 after buying an additional 18,294,783 shares during the period. Fisher Asset Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 22.3% in the second quarter. Fisher Asset Management LLC now owns 34,471,281 shares of the semiconductor company’s stock valued at $1,205,116,000 after buying an additional 6,281,847 shares during the period. Wellington Management Group LLP boosted its stake in Taiwan Semiconductor Manufacturing by 63.6% in the first quarter. Wellington Management Group LLP now owns 11,775,414 shares of the semiconductor company’s stock valued at $386,705,000 after buying an additional 4,579,517 shares during the period. Vontobel Asset Management Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 36.3% in the second quarter. Vontobel Asset Management Inc. now owns 14,342,431 shares of the semiconductor company’s stock valued at $513,720,000 after buying an additional 3,819,919 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 292.9% in the second quarter. Principal Financial Group Inc. now owns 3,807,524 shares of the semiconductor company’s stock valued at $133,111,000 after buying an additional 2,838,422 shares during the period. Institutional investors own 19.45% of the company’s stock.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) opened at 36.97 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $28.20 and a 12-month high of $37.06. The firm has a market capitalization of $191.73 billion, a PE ratio of 16.69 and a beta of 0.77. The firm has a 50-day moving average of $36.25 and a 200-day moving average of $34.40.

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

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TSM has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. HSBC Holdings plc cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Credit Suisse Group cut shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a report on Monday, May 15th. Finally, BidaskClub cut shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Friday, June 30th. One 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 has a consensus rating of “Hold” and an average target price of $31.67.

Taiwan Semiconductor Manufacturing Company Profile

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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