Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Holdings Boosted by Fiera Capital Corp

Fiera Capital Corp grew its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 5.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,984,911 shares of the semiconductor company’s stock after purchasing an additional 491,540 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 1.7% of Fiera Capital Corp’s investment portfolio, making the stock its 17th largest holding. Fiera Capital Corp owned approximately 0.19% of Taiwan Semiconductor Manufacturing worth $349,073,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TSM. BlackRock Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 70,175.6% in the first quarter. BlackRock Inc. now owns 18,320,853 shares of the semiconductor company’s stock worth $601,657,000 after purchasing an additional 18,294,783 shares during the period. Fisher Asset Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 22.3% in the second quarter. Fisher Asset Management LLC now owns 34,471,281 shares of the semiconductor company’s stock worth $1,205,116,000 after purchasing an additional 6,281,847 shares during the period. Wellington Management Group LLP boosted its position in shares of Taiwan Semiconductor Manufacturing by 63.6% in the first quarter. Wellington Management Group LLP now owns 11,775,414 shares of the semiconductor company’s stock worth $386,705,000 after purchasing an additional 4,579,517 shares during the period. Vontobel Asset Management Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 36.3% in the second quarter. Vontobel Asset Management Inc. now owns 14,342,431 shares of the semiconductor company’s stock worth $513,720,000 after purchasing an additional 3,819,919 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 292.9% in the second quarter. Principal Financial Group Inc. now owns 3,807,524 shares of the semiconductor company’s stock worth $133,111,000 after purchasing an additional 2,838,422 shares during the period. Institutional investors and hedge funds own 19.45% of the company’s stock.

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A number of research firms have weighed in on TSM. BidaskClub lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Thursday, June 15th. 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 investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $31.67.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) traded down 0.383% during trading on Tuesday, hitting $37.695. 1,020,821 shares of the company were exchanged. The firm’s 50-day moving average price is $36.44 and its 200 day moving average price is $34.65. The firm has a market capitalization of $195.49 billion, a PE ratio of 17.018 and a beta of 0.76. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $28.31 and a 12 month high of $37.94.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.08). The firm had revenue of $213.86 billion for 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 was down 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.80 EPS. On average, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 earnings per share for the current fiscal year.

About Taiwan Semiconductor Manufacturing

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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