Scout Investments Inc. Decreases Position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

Scout Investments Inc. decreased its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 1.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,187 shares of the semiconductor company’s stock after selling 2,981 shares during the quarter. Scout Investments Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $6,439,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of TSM. Advisory Services Network LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at about $184,000. Eqis Capital Management Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 1.4% in the 1st quarter. Eqis Capital Management Inc. now owns 49,725 shares of the semiconductor company’s stock valued at $1,633,000 after purchasing an additional 673 shares in the last quarter. Pillar Pacific Capital Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.2% during the 1st quarter. Pillar Pacific Capital Management LLC now owns 247,241 shares of the semiconductor company’s stock worth $8,119,000 after acquiring an additional 2,945 shares in the last quarter. Empire Life Investments Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $3,269,000. Finally, American Century Companies Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 65.9% during the 1st quarter. American Century Companies Inc. now owns 718,748 shares of the semiconductor company’s stock worth $23,604,000 after acquiring an additional 285,570 shares in the last quarter. Institutional investors and hedge funds own 19.45% of the company’s stock.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) opened at 37.65 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $28.34 and a 12-month high of $37.94. The stock has a market capitalization of $195.26 billion, a P/E ratio of 16.92 and a beta of 0.76. The stock has a 50 day moving average of $36.64 and a 200 day moving average of $34.79.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.08). Taiwan Semiconductor Manufacturing had a net margin of 36.11% and a return on equity of 25.61%. The firm had revenue of $213.86 billion for the quarter, compared to the consensus estimate of $214.25 billion. During the same period in the prior year, the business earned $2.80 EPS. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 EPS for the current fiscal year.

TSM has been the subject of several recent analyst reports. Zacks Investment Research lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a research note on Tuesday, July 18th. HSBC Holdings plc downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Finally, BidaskClub downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 30th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $31.67.

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Taiwan Semiconductor Manufacturing 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 Manufacturing (NYSE:TSM)

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