Rockland Trust Co. Takes Position in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Rockland Trust Co. purchased a new stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 5,467 shares of the semiconductor company’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new position in Taiwan Semiconductor Mfg. during the 3rd quarter worth $113,000. Bruderman Asset Management LLC acquired a new position in Taiwan Semiconductor Mfg. during the 2nd quarter worth $115,000. AGF Investments Inc. grew its holdings in Taiwan Semiconductor Mfg. by 63.8% during the 3rd quarter. AGF Investments Inc. now owns 3,636 shares of the semiconductor company’s stock worth $137,000 after acquiring an additional 1,416 shares in the last quarter. Conning Inc. acquired a new position in Taiwan Semiconductor Mfg. during the 3rd quarter worth $201,000. Finally, Murphy Pohlad Asset Management LLC acquired a new position in Taiwan Semiconductor Mfg. during the 3rd quarter worth $202,000. 19.39% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE TSM) opened at $41.19 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.36 and a quick ratio of 2.11. Taiwan Semiconductor Mfg. Co. Ltd. has a 52-week low of $28.98 and a 52-week high of $43.02. The stock has a market cap of $206,750.00, a PE ratio of 18.39, a PEG ratio of 1.18 and a beta of 0.74.

Several research analysts have weighed in on TSM shares. JPMorgan Chase & Co. raised shares of Taiwan Semiconductor Mfg. from a “neutral” rating to an “overweight” rating in a report on Tuesday, October 10th. Daiwa Capital Markets lowered shares of Taiwan Semiconductor Mfg. from an “outperform” rating to a “hold” rating in a report on Thursday, October 19th. KeyCorp reissued a “hold” rating on shares of Taiwan Semiconductor Mfg. in a report on Friday, October 20th. Morgan Stanley lowered shares of Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a report on Monday, November 27th. Finally, ValuEngine raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $37.50.

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Taiwan Semiconductor Mfg. Company 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.

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

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