Fiera Capital Corp Has $1.96 Billion Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Fiera Capital Corp lessened its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 10.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,943,064 shares of the semiconductor company’s stock after selling 1,172,680 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for approximately 6.2% of Fiera Capital Corp’s investment portfolio, making the stock its biggest holding. Fiera Capital Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $1,963,656,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Taiwan Semiconductor Manufacturing by 533.4% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,735 shares of the semiconductor company’s stock worth $1,923,000 after acquiring an additional 8,198 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Taiwan Semiconductor Manufacturing by 6.0% during the 4th quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company’s stock worth $3,829,757,000 after purchasing an additional 1,102,166 shares during the last quarter. MontVue Capital Management Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $208,000. Channing Global Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 32.8% in the 4th quarter. Channing Global Advisors LLC now owns 44,561 shares of the semiconductor company’s stock valued at $8,800,000 after buying an additional 11,008 shares during the last quarter. Finally, Jmac Enterprises LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 3.5% in the fourth quarter. Jmac Enterprises LLC now owns 2,900 shares of the semiconductor company’s stock valued at $573,000 after buying an additional 99 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM opened at $206.38 on Thursday. The company’s 50-day moving average is $205.18 and its 200-day moving average is $188.45. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a market capitalization of $1.07 trillion, a PE ratio of 29.32, a PEG ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $122.91 and a fifty-two week high of $226.40.

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

Analysts Set New Price Targets

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

Taiwan Semiconductor Manufacturing Company Profile

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.