Tiaa Fsb Acquires 6,968 Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Tiaa Fsb increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 69.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,012 shares of the semiconductor company’s stock after acquiring an additional 6,968 shares during the quarter. Tiaa Fsb’s holdings in Taiwan Semiconductor Manufacturing were worth $639,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in TSM. Fisher Asset Management LLC increased its position in Taiwan Semiconductor Manufacturing by 22.3% during 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 acquiring an additional 6,281,847 shares during the period. Cornerstone Capital Management Holdings LLC. bought a new position in Taiwan Semiconductor Manufacturing during the second quarter worth about $152,774,000. Vanguard Group Inc. increased its position in Taiwan Semiconductor Manufacturing by 10.6% during the second quarter. Vanguard Group Inc. now owns 43,283,137 shares of the semiconductor company’s stock worth $1,513,179,000 after acquiring an additional 4,139,915 shares during the period. Vontobel Asset Management Inc. increased its position in Taiwan Semiconductor Manufacturing by 36.3% during the second quarter. Vontobel Asset Management Inc. now owns 14,342,431 shares of the semiconductor company’s stock worth $513,720,000 after acquiring an additional 3,819,919 shares during the period. Finally, Janus Henderson Group PLC increased its position in Taiwan Semiconductor Manufacturing by 114.2% during the second quarter. Janus Henderson Group PLC now owns 7,081,407 shares of the semiconductor company’s stock worth $247,533,000 after acquiring an additional 3,775,916 shares during the period. 19.42% of the stock is currently owned by institutional investors and hedge funds.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM) opened at 42.15 on Monday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $28.34 and a 52 week high of $42.18. The firm’s 50-day moving average is $39.06 and its 200-day moving average is $36.33. The firm has a market capitalization of $218.59 billion, a P/E ratio of 18.86 and a beta of 0.74.

TSM has been the topic of a number of recent research reports. J P Morgan Chase & Co raised shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. KeyCorp reaffirmed a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 20th. Daiwa Capital Markets lowered shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Finally, BidaskClub lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $27.00.

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Taiwan Semiconductor Manufacturing Profile

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.

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

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