Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stake Decreased by Louisbourg Investments Inc.

Louisbourg Investments Inc. trimmed its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 7.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,330 shares of the semiconductor company’s stock after selling 3,275 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 2.0% of Louisbourg Investments Inc.’s portfolio, making the stock its 11th largest holding. Louisbourg Investments Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $8,360,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Reston Wealth Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $25,000. Stonebridge Financial Group LLC bought a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $25,000. Archer Investment Corp lifted its position in Taiwan Semiconductor Manufacturing by 48.1% in the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 62 shares during the period. American Capital Advisory LLC bought a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at $38,000. Finally, OLD Second National Bank of Aurora increased its position in shares of Taiwan Semiconductor Manufacturing by 169.8% during the 3rd quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 146 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Up 0.5 %

NYSE:TSM opened at $209.05 on Wednesday. The stock has a fifty day simple moving average of $205.18 and a 200 day simple moving average of $188.45. The firm has a market capitalization of $1.08 trillion, a price-to-earnings ratio of 29.69, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $122.91 and a 1-year high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TSM. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $220.00.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.