Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Holdings Increased by Curbstone Financial Management Corp

Curbstone Financial Management Corp raised its position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 4.0% in the fourth quarter, Holdings Channel reports. The fund owned 26,200 shares of the semiconductor company’s stock after purchasing an additional 1,000 shares during the quarter. Curbstone Financial Management Corp’s holdings in Taiwan Semiconductor Mfg. were worth $958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Taiwan Semiconductor Mfg. by 14.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 21,339 shares of the semiconductor company’s stock worth $780,000 after buying an additional 2,737 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in shares of Taiwan Semiconductor Mfg. by 22.0% during the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 12,200 shares of the semiconductor company’s stock worth $446,000 after buying an additional 2,200 shares during the last quarter. OppenheimerFunds Inc. acquired a new stake in shares of Taiwan Semiconductor Mfg. during the 2nd quarter worth about $14,429,000. BB&T Securities LLC lifted its stake in shares of Taiwan Semiconductor Mfg. by 13.8% during the 2nd quarter. BB&T Securities LLC now owns 101,532 shares of the semiconductor company’s stock worth $3,712,000 after buying an additional 12,332 shares during the last quarter. Finally, First Republic Investment Management Inc. lifted its stake in shares of Taiwan Semiconductor Mfg. by 17.3% during the 2nd quarter. First Republic Investment Management Inc. now owns 223,951 shares of the semiconductor company’s stock worth $8,188,000 after buying an additional 33,046 shares during the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

A number of analysts have recently issued reports on the stock. ValuEngine cut shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research note on Friday, October 12th. Zacks Investment Research cut shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a research note on Tuesday, December 4th. Finally, Morgan Stanley upgraded shares of Taiwan Semiconductor Mfg. from an “underweight” rating to an “equal weight” rating in a research note on Friday, November 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $46.00.

NYSE:TSM opened at $34.94 on Wednesday. Taiwan Semiconductor Mfg. Co. Ltd. has a 52 week low of $34.22 and a 52 week high of $46.57. The stock has a market cap of $181.36 billion, a P/E ratio of 16.10, a price-to-earnings-growth ratio of 0.93 and a beta of 1.06. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.34 and a current ratio of 2.67.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its quarterly earnings results on Thursday, October 18th. The semiconductor company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. Taiwan Semiconductor Mfg. had a net margin of 34.38% and a return on equity of 22.62%. The business had revenue of $260.35 billion for the quarter, compared to analyst estimates of $257.92 billion. During the same period last year, the firm earned $3.47 earnings per share. Taiwan Semiconductor Mfg.’s revenue for the quarter was up 3.3% compared to the same quarter last year. Equities research analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.19 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This news story was first reported by Markets Daily and is owned by of Markets Daily. If you are reading this news story on another site, it was copied illegally and reposted in violation of US and international trademark and copyright law. The correct version of this news story can be viewed at https://www.themarketsdaily.com/2019/01/09/taiwan-semiconductor-mfg-co-ltd-tsm-holdings-increased-by-curbstone-financial-management-corp.html.

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.

See Also: Why is Cost of Capital Important?

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM).

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

Receive News & Ratings for Taiwan Semiconductor Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Mfg. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply