Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is Matthews International Capital Management LLC’s 4th Largest Position
Matthews International Capital Management LLC trimmed its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 17.3% in the first its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,328,279 shares of the semiconductor company’s stock after selling 277,200 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 6.6% of Matthews International Capital Management LLC’s portfolio, making the stock its 4th largest position. Matthews International Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $157,109,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. FDx Advisors Inc. raised its position in Taiwan Semiconductor Manufacturing by 11.0% during the fourth quarter. FDx Advisors Inc. now owns 81,371 shares of the semiconductor company’s stock valued at $8,873,000 after acquiring an additional 8,077 shares in the last quarter. Aperture Investors LLC bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $4,151,000. Park Avenue Securities LLC raised its position in Taiwan Semiconductor Manufacturing by 10.6% during the fourth quarter. Park Avenue Securities LLC now owns 34,407 shares of the semiconductor company’s stock valued at $3,752,000 after acquiring an additional 3,296 shares in the last quarter. Blue Square Asset Management LLC raised its position in Taiwan Semiconductor Manufacturing by 14.6% during the fourth quarter. Blue Square Asset Management LLC now owns 9,331 shares of the semiconductor company’s stock valued at $1,017,000 after acquiring an additional 1,186 shares in the last quarter. Finally, FMR LLC raised its position in Taiwan Semiconductor Manufacturing by 4.6% during the fourth quarter. FMR LLC now owns 15,265,022 shares of the semiconductor company’s stock valued at $1,664,499,000 after acquiring an additional 676,689 shares in the last quarter. 18.27% of the stock is owned by institutional investors and hedge funds. Get Taiwan Semiconductor Manufacturing alerts:
Several brokerages recently weighed in on TSM. Atlantic Securities began coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, April 19th. They set a “neutral” rating on the stock. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Saturday, April 17th. Susquehanna Bancshares reiterated a “sell” rating and set a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Finally, Susquehanna reiterated a “sell” rating and set a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $110.60. Shares of Taiwan Semiconductor Manufacturing stock traded up $0.48 during midday trading on Thursday, hitting $112.88. The company had a trading volume of 32,080 shares, compared to its average volume of 12,386,823. The business’s 50 day simple moving average is $117.88 and its two-hundred day simple moving average is $114.80. The stock has a market cap of $585.40 billion, a PE ratio of 33.06, a P/E/G ratio of 1.26 and a beta of 0.99. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.75 and a quick ratio of 1.56. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $49.61 and a 1-year high of $142.20.
Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, April 15th. The semiconductor company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.05. The business had revenue of $12.92 billion for the quarter, compared to the consensus estimate of $12.83 billion. Taiwan Semiconductor Manufacturing had a net margin of 37.94% and a return on equity of 28.73%. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 4.01 EPS for the current fiscal year.
Taiwan Semiconductor Manufacturing Company Profile
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.

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