Neuberger Berman Group LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 3.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,462,179 shares of the semiconductor company’s stock after purchasing an additional 82,862 shares during the quarter. Neuberger Berman Group LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $92,455,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TSM. Geode Capital Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 17.0% during the first quarter. Geode Capital Management LLC now owns 66,377 shares of the semiconductor company’s stock worth $2,179,000 after purchasing an additional 9,640 shares in the last quarter. Wedbush Securities Inc. boosted its position in Taiwan Semiconductor Manufacturing by 10.1% during the second quarter. Wedbush Securities Inc. now owns 10,291 shares of the semiconductor company’s stock worth $360,000 after purchasing an additional 947 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Taiwan Semiconductor Manufacturing by 13.9% during the second quarter. Advisors Asset Management Inc. now owns 69,355 shares of the semiconductor company’s stock worth $2,425,000 after purchasing an additional 8,469 shares in the last quarter. Legal & General Group Plc boosted its position in Taiwan Semiconductor Manufacturing by 55.2% during the second quarter. Legal & General Group Plc now owns 13,813 shares of the semiconductor company’s stock worth $483,000 after purchasing an additional 4,913 shares in the last quarter. Finally, Everett Harris & Co. CA boosted its position in Taiwan Semiconductor Manufacturing by 48.7% during the second quarter. Everett Harris & Co. CA now owns 14,455 shares of the semiconductor company’s stock worth $505,000 after purchasing an additional 4,735 shares in the last quarter. Institutional investors own 19.63% of the company’s stock.

A number of equities analysts have issued reports on the company. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Daiwa Capital Markets downgraded Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. Morgan Stanley downgraded Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, November 27th. KeyCorp reiterated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 20th. Finally, J P Morgan Chase & Co upgraded Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $27.00.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) opened at $39.50 on Friday. The firm has a market capitalization of $204,328.41, a P/E ratio of 18.41, a PEG ratio of 1.21 and a beta of 0.74. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $28.50 and a 1 year high of $43.02. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.36 and a quick ratio of 2.11.

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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.

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

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