Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 12.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 369,958 shares of the semiconductor company’s stock after purchasing an additional 41,253 shares during the quarter. Northwestern Mutual Investment Management Company LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $9,704,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Tower Research Capital LLC TRC boosted its position in Taiwan Semiconductor Manufacturing by 46.7% during the first quarter. Tower Research Capital LLC TRC now owns 33,570 shares of the semiconductor company’s stock worth $1,103,000 after purchasing an additional 10,685 shares during the period. Mizuho Securities USA LLC bought a new position in Taiwan Semiconductor Manufacturing during the second quarter worth about $524,000. Bancorpsouth Inc. boosted its position in Taiwan Semiconductor Manufacturing by 18.9% during the first quarter. Bancorpsouth Inc. now owns 10,455 shares of the semiconductor company’s stock worth $343,000 after purchasing an additional 1,663 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in Taiwan Semiconductor Manufacturing by 46.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 56,037 shares of the semiconductor company’s stock worth $1,840,000 after purchasing an additional 17,673 shares during the period. Finally, Eventide Asset Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 11.7% during the first quarter. Eventide Asset Management LLC now owns 43,000 shares of the semiconductor company’s stock worth $1,412,000 after purchasing an additional 4,500 shares during the period. Hedge funds and other institutional investors own 19.45% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) traded up 0.68% during trading on Monday, hitting $37.22. 4,100,025 shares of the stock were exchanged. The company has a 50-day moving average price of $36.28 and a 200 day moving average price of $34.44. The firm has a market capitalization of $193.03 billion, a price-to-earnings ratio of 16.80 and a beta of 0.76. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $28.20 and a 1-year high of $37.24.

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

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A number of equities analysts have weighed in on TSM shares. BidaskClub lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 30th. Zacks Investment Research lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. Credit Suisse Group lowered shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. Finally, HSBC Holdings plc lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $31.67.

Taiwan Semiconductor Manufacturing 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.

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

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