Financial Counselors Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 6.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,118 shares of the semiconductor company’s stock after buying an additional 1,742 shares during the quarter. Financial Counselors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $983,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 34.7% during the 2nd quarter. American Century Companies Inc. now owns 968,373 shares of the semiconductor company’s stock worth $33,854,000 after buying an additional 249,625 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of Taiwan Semiconductor Manufacturing by 46.7% during the 1st quarter. Tower Research Capital LLC TRC now owns 33,570 shares of the semiconductor company’s stock worth $1,103,000 after buying an additional 10,685 shares during the period. Mizuho Securities USA LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth approximately $524,000. Banque Pictet & Cie SA lifted its position in shares of Taiwan Semiconductor Manufacturing by 2.6% during the 2nd quarter. Banque Pictet & Cie SA now owns 176,788 shares of the semiconductor company’s stock worth $1,212,000 after buying an additional 4,557 shares during the period. Finally, Bancorpsouth Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 18.9% during the 1st quarter. Bancorpsouth Inc. now owns 10,455 shares of the semiconductor company’s stock worth $343,000 after buying an additional 1,663 shares during the period. Institutional investors and hedge funds own 19.45% of the company’s stock.

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Several research firms recently commented on TSM. HSBC Holdings plc downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. BidaskClub downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. Finally, Credit Suisse Group downgraded Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Taiwan Semiconductor Manufacturing presently has a consensus rating of “Hold” and a consensus price target of $31.67.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) opened at 37.84 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $28.31 and a 12 month high of $37.88. The firm has a 50-day moving average price of $36.44 and a 200 day moving average price of $34.65. The company has a market cap of $196.24 billion, a P/E ratio of 17.08 and a beta of 0.76.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued 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 business had revenue of $213.86 billion during the quarter, compared to analyst estimates 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 for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the business posted $2.80 EPS. On average, equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 earnings per share for the current year.

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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