CI Investments Inc. reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,365,694 shares of the semiconductor company’s stock after selling 41,600 shares during the period. CI Investments Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $88,832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of TSM. Geode Capital Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 17.0% in the 1st quarter. Geode Capital Management LLC now owns 66,377 shares of the semiconductor company’s stock worth $2,179,000 after acquiring an additional 9,640 shares during the period. Nuveen Asset Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 1st quarter worth approximately $702,000. Creative Planning lifted its stake in shares of Taiwan Semiconductor Manufacturing by 6.5% in the 2nd quarter. Creative Planning now owns 26,690 shares of the semiconductor company’s stock worth $933,000 after acquiring an additional 1,639 shares during the period. Jarislowsky Fraser Ltd lifted its stake in shares of Taiwan Semiconductor Manufacturing by 45.5% in the 2nd quarter. Jarislowsky Fraser Ltd now owns 12,706 shares of the semiconductor company’s stock worth $444,000 after acquiring an additional 3,971 shares during the period. Finally, Aperio Group LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 6.6% in the 2nd quarter. Aperio Group LLC now owns 2,080,721 shares of the semiconductor company’s stock worth $72,742,000 after acquiring an additional 127,964 shares during the period. 19.30% of the stock is owned by institutional investors.

A number of analysts have recently weighed in on TSM shares. Zacks Investment Research lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a research note on Tuesday, July 18th. J P Morgan Chase & Co raised shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research note on Tuesday, October 10th. Daiwa Capital Markets lowered shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research note on Thursday, October 19th. BidaskClub lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, KeyCorp reissued a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 20th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $27.00.

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Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) traded up $0.08 during mid-day trading on Monday, reaching $41.72. 5,333,800 shares of the company traded hands, compared to its average volume of 5,822,602. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $28.34 and a fifty-two week high of $42.71. The firm has a market capitalization of $216,359.92, a price-to-earnings ratio of 19.50, a PEG ratio of 1.28 and a beta of 0.77. The company has a current ratio of 1.60, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07.

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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