Raymond James Financial Services Advisors Inc. increased its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 49.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 172,963 shares of the semiconductor company’s stock after buying an additional 57,041 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $7,085,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Candriam Luxembourg S.C.A. raised its position in Taiwan Semiconductor Mfg. by 26.8% in the fourth quarter. Candriam Luxembourg S.C.A. now owns 585,686 shares of the semiconductor company’s stock valued at $21,617,000 after purchasing an additional 123,803 shares during the last quarter. Avalon Advisors LLC raised its position in Taiwan Semiconductor Mfg. by 0.4% in the first quarter. Avalon Advisors LLC now owns 202,665 shares of the semiconductor company’s stock valued at $8,301,000 after purchasing an additional 729 shares during the last quarter. Two Sigma Securities LLC raised its position in Taiwan Semiconductor Mfg. by 144.8% in the fourth quarter. Two Sigma Securities LLC now owns 5,969 shares of the semiconductor company’s stock valued at $220,000 after purchasing an additional 19,286 shares during the last quarter. Smithfield Trust Co. raised its position in Taiwan Semiconductor Mfg. by 8.6% in the first quarter. Smithfield Trust Co. now owns 7,096 shares of the semiconductor company’s stock valued at $291,000 after purchasing an additional 564 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its position in Taiwan Semiconductor Mfg. by 32.0% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,000 shares of the semiconductor company’s stock valued at $148,000 after purchasing an additional 970 shares during the last quarter. Institutional investors and hedge funds own 20.01% of the company’s stock.

Several research firms have commented on TSM. ValuEngine downgraded Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Saturday, May 18th. Zacks Investment Research raised Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating and set a $46.00 price target for the company in a research note on Tuesday, May 14th. Finally, Goldman Sachs Group assumed coverage on Taiwan Semiconductor Mfg. in a research note on Tuesday, May 7th. They issued a “buy” rating and a $50.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Taiwan Semiconductor Mfg. presently has a consensus rating of “Hold” and an average price target of $48.00.

Shares of TSM stock opened at $38.90 on Thursday. The stock has a market capitalization of $203.81 billion, a PE ratio of 19.26, a P/E/G ratio of 2.39 and a beta of 0.98. The company has a quick ratio of 2.38, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a 1-year low of $34.22 and a 1-year high of $45.64.

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Taiwan Semiconductor Mfg. Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

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

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