Nomura Holdings Inc. Buys 2,228 Shares of Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Nomura Holdings Inc. raised its stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 41,040 shares of the semiconductor company’s stock after purchasing an additional 2,228 shares during the period. Nomura Holdings Inc.’s holdings in Taiwan Semiconductor Mfg. were worth $1,515,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. First Bank & Trust bought a new stake in Taiwan Semiconductor Mfg. during the fourth quarter valued at about $29,000. Berman Capital Advisors LLC bought a new stake in Taiwan Semiconductor Mfg. during the fourth quarter valued at about $34,000. Synovus Financial Corp grew its holdings in Taiwan Semiconductor Mfg. by 114.2% during the fourth quarter. Synovus Financial Corp now owns 966 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 515 shares during the period. Financial Gravity Companies Inc. bought a new stake in Taiwan Semiconductor Mfg. during the fourth quarter valued at about $95,000. Finally, Evolution Wealth Advisors LLC bought a new stake in Taiwan Semiconductor Mfg. during the fourth quarter valued at about $99,000. 19.44% of the stock is owned by institutional investors and hedge funds.

TSM has been the subject of several recent research reports. Morgan Stanley raised Taiwan Semiconductor Mfg. from an “underweight” rating to an “equal weight” rating in a report on Friday, November 16th. CLSA lowered Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a report on Thursday, January 17th. ValuEngine lowered Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Finally, Zacks Investment Research lowered Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a report on Tuesday, December 4th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $50.00.

NYSE TSM opened at $38.82 on Friday. The stock has a market capitalization of $201.32 billion, a PE ratio of 17.33, a price-to-earnings-growth ratio of 2.60 and a beta of 0.96. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.79 and a quick ratio of 2.49. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $34.22 and a twelve month high of $45.65.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its quarterly earnings data on Thursday, January 17th. The semiconductor company reported $0.63 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.63. The firm had revenue of $9.40 billion during the quarter. Taiwan Semiconductor Mfg. had a return on equity of 21.96% and a net margin of 34.04%. Equities research analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.12 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Nomura Holdings Inc. Buys 2,228 Shares of Taiwan Semiconductor Mfg. Co. Ltd. (TSM)” was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.com-unik.info/2019/03/15/nomura-holdings-inc-buys-2228-shares-of-taiwan-semiconductor-mfg-co-ltd-tsm.html.

Taiwan Semiconductor Mfg. Company 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.

Featured Story: Trading Strategy Methods and Types

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM).

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

Receive News & Ratings for Taiwan Semiconductor Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Mfg. and related companies with MarketBeat.com's FREE daily email newsletter.



Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit