Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Holdings Lifted by Parsec Financial Management Inc.

Parsec Financial Management Inc. boosted its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 472,449 shares of the semiconductor company’s stock after acquiring an additional 20,294 shares during the period. Taiwan Semiconductor Mfg. makes up approximately 1.3% of Parsec Financial Management Inc.’s investment portfolio, making the stock its 22nd largest holding. Parsec Financial Management Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $20,863,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in shares of Taiwan Semiconductor Mfg. by 2.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 56,872,504 shares of the semiconductor company’s stock valued at $2,079,260,000 after purchasing an additional 1,564,185 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Taiwan Semiconductor Mfg. by 5.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 44,674,092 shares of the semiconductor company’s stock valued at $1,633,286,000 after purchasing an additional 2,367,792 shares during the period. Fisher Asset Management LLC raised its stake in shares of Taiwan Semiconductor Mfg. by 2.8% in the 3rd quarter. Fisher Asset Management LLC now owns 35,141,990 shares of the semiconductor company’s stock valued at $1,551,870,000 after purchasing an additional 952,889 shares during the period. Sanders Capital LLC raised its stake in shares of Taiwan Semiconductor Mfg. by 0.3% in the 3rd quarter. Sanders Capital LLC now owns 33,060,656 shares of the semiconductor company’s stock valued at $1,611,238,000 after purchasing an additional 102,415 shares during the period. Finally, WCM Investment Management CA raised its stake in shares of Taiwan Semiconductor Mfg. by 5.1% in the 2nd quarter. WCM Investment Management CA now owns 22,637,189 shares of the semiconductor company’s stock valued at $827,616,000 after purchasing an additional 1,092,330 shares during the period. Hedge funds and other institutional investors own 19.19% of the company’s stock.

Shares of NYSE:TSM traded up $1.46 during midday trading on Tuesday, reaching $37.79. The company had a trading volume of 748,957 shares, compared to its average volume of 8,983,587. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.86 and a current ratio of 2.07. The company has a market cap of $190.17 billion, a P/E ratio of 17.22, a P/E/G ratio of 1.12 and a beta of 1.07. Taiwan Semiconductor Mfg. Co. Ltd. has a 1-year low of $35.35 and a 1-year high of $46.57.



Taiwan Semiconductor Mfg. (NYSE:TSM) last released its earnings results on Thursday, October 18th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $260.35 billion for the quarter, compared to the consensus estimate of $257.92 billion. Taiwan Semiconductor Mfg. had a return on equity of 22.57% and a net margin of 34.38%. Taiwan Semiconductor Mfg.’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.47 earnings per share. As a group, equities analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.19 earnings per share for the current fiscal year.

TSM has been the topic of several recent research reports. Zacks Investment Research raised Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 25th. ValuEngine downgraded Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Friday, October 12th. Morgan Stanley raised Taiwan Semiconductor Mfg. from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 18th. Nomura raised Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research report on Thursday, July 19th. Finally, UBS Group raised Taiwan Semiconductor Mfg. from a “neutral” rating to a “positive” rating in a research report on Monday, July 2nd. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $46.00.

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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