Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) Shares Bought by Stifel Financial Corp

Stifel Financial Corp raised its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 14.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 547,035 shares of the semiconductor company’s stock after acquiring an additional 70,075 shares during the period. Stifel Financial Corp’s holdings in Taiwan Semiconductor Mfg. were worth $25,483,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its holdings in Taiwan Semiconductor Mfg. by 1.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 53,331,375 shares of the semiconductor company’s stock worth $2,478,841,000 after purchasing an additional 813,747 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Taiwan Semiconductor Mfg. by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 39,362,944 shares of the semiconductor company’s stock valued at $1,541,848,000 after buying an additional 212,600 shares in the last quarter. Sanders Capital LLC increased its holdings in shares of Taiwan Semiconductor Mfg. by 2.8% in the second quarter. Sanders Capital LLC now owns 36,914,907 shares of the semiconductor company’s stock valued at $1,597,773,000 after buying an additional 1,011,400 shares in the last quarter. WCM Investment Management LLC increased its holdings in shares of Taiwan Semiconductor Mfg. by 6.0% in the third quarter. WCM Investment Management LLC now owns 27,285,756 shares of the semiconductor company’s stock valued at $1,268,241,000 after buying an additional 1,547,855 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Taiwan Semiconductor Mfg. by 65.2% in the second quarter. Renaissance Technologies LLC now owns 14,302,152 shares of the semiconductor company’s stock valued at $560,215,000 after buying an additional 5,643,870 shares in the last quarter. Institutional investors own 19.31% of the company’s stock.

NYSE TSM opened at $53.09 on Friday. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $34.22 and a twelve month high of $54.37. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.52 and a current ratio of 1.72. The stock has a market cap of $278.13 billion, a price-to-earnings ratio of 26.29, a PEG ratio of 2.41 and a beta of 1.02. The firm’s 50 day moving average price is $51.88 and its two-hundred day moving average price is $44.32.

Several research analysts have issued reports on TSM shares. Zacks Investment Research raised Taiwan Semiconductor Mfg. from a “sell” rating to a “buy” rating and set a $47.00 price target on the stock in a report on Saturday, August 3rd. ValuEngine cut shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Morgan Stanley upgraded shares of Taiwan Semiconductor Mfg. from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, September 4th. Finally, Goldman Sachs Group reiterated a “buy” rating and set a $55.00 price objective on shares of Taiwan Semiconductor Mfg. in a research report on Monday, September 30th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Taiwan Semiconductor Mfg. currently has an average rating of “Buy” and an average target price of $51.00.

About Taiwan Semiconductor Mfg.

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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