Investec Asset Management LTD Acquires 54,542 Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Investec Asset Management LTD raised its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,086,495 shares of the company’s stock after buying an additional 54,542 shares during the period. Investec Asset Management LTD’s holdings in Taiwan Semiconductor Manufacturing Company were worth $31,237,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in TSM. Baird Financial Group Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing Company by 8.7% in the fourth quarter. Baird Financial Group Inc. now owns 712,195 shares of the company’s stock worth $20,475,000 after buying an additional 57,239 shares during the period. Mandatum Life Insurance Co Ltd raised its stake in shares of Taiwan Semiconductor Manufacturing Company by 41.0% in the fourth quarter. Mandatum Life Insurance Co Ltd now owns 70,505 shares of the company’s stock worth $2,027,000 after buying an additional 20,506 shares during the period. Jupiter Asset Management Ltd. raised its stake in shares of Taiwan Semiconductor Manufacturing Company by 3.7% in the fourth quarter. Jupiter Asset Management Ltd. now owns 290,900 shares of the company’s stock worth $8,363,000 after buying an additional 10,300 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Taiwan Semiconductor Manufacturing Company by 6.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 9,353,312 shares of the company’s stock worth $268,999,000 after buying an additional 552,728 shares during the period. Finally, Private Advisor Group LLC raised its stake in shares of Taiwan Semiconductor Manufacturing Company by 20.4% in the fourth quarter. Private Advisor Group LLC now owns 12,638 shares of the company’s stock worth $381,000 after buying an additional 2,139 shares during the period. Institutional investors and hedge funds own 20.21% of the company’s stock.

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

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) traded up 0.06% during mid-day trading on Friday, hitting $32.34. 2,117,904 shares of the stock traded hands. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $22.75 and a 52-week high of $32.49. The firm’s 50-day moving average is $30.39 and its 200 day moving average is $29.90. The firm has a market cap of $167.72 billion, a P/E ratio of 15.59 and a beta of 0.88.

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A number of analysts have commented on the stock. Zacks Investment Research lowered shares of Taiwan Semiconductor Manufacturing Company from a “buy” rating to a “hold” rating in a research note on Wednesday, January 18th. Susquehanna Bancshares Inc restated a “neutral” rating on shares of Taiwan Semiconductor Manufacturing Company in a research note on Friday, January 6th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $31.00.

About Taiwan Semiconductor Manufacturing Company

Taiwan Semiconductor Manufacturing Company Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of integrated circuits and semiconductors. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks.

5 Day Chart for NYSE:TSM

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