Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Holdings Reduced by Comgest Global Investors S.A.S.

Comgest Global Investors S.A.S. lowered its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 6.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,685,204 shares of the semiconductor company’s stock after selling 348,400 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 4.1% of Comgest Global Investors S.A.S.’s holdings, making the stock its 7th biggest holding. Comgest Global Investors S.A.S. owned about 0.09% of Taiwan Semiconductor Manufacturing worth $175,929,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TSM. Bank of New York Mellon Corp grew its holdings in Taiwan Semiconductor Manufacturing by 13.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 46,289,495 shares of the semiconductor company’s stock worth $1,738,170,000 after acquiring an additional 5,317,439 shares during the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $152,774,000. Vanguard Group Inc. lifted its position in Taiwan Semiconductor Manufacturing by 10.6% during the 2nd quarter. Vanguard Group Inc. now owns 43,283,137 shares of the semiconductor company’s stock valued at $1,513,179,000 after purchasing an additional 4,139,915 shares during the period. Janus Henderson Group PLC lifted its position in Taiwan Semiconductor Manufacturing by 114.2% during the 2nd quarter. Janus Henderson Group PLC now owns 7,081,407 shares of the semiconductor company’s stock valued at $247,533,000 after purchasing an additional 3,775,916 shares during the period. Finally, Principal Financial Group Inc. lifted its position in Taiwan Semiconductor Manufacturing by 292.9% during the 2nd quarter. Principal Financial Group Inc. now owns 3,807,524 shares of the semiconductor company’s stock valued at $133,111,000 after purchasing an additional 2,838,422 shares during the period. 19.30% of the stock is currently owned by hedge funds and other institutional investors.

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Taiwan Semiconductor Manufacturing Company Ltd. (TSM) traded down $0.15 during trading on Wednesday, reaching $41.86. 2,799,300 shares of the company’s stock were exchanged, compared to its average volume of 5,792,493. The company has a current ratio of 1.60, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $28.34 and a 52 week high of $42.71. The firm has a market cap of $206,250.00, a P/E ratio of 19.63, a PEG ratio of 1.29 and a beta of 0.77.

TSM has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “sell” rating in a research report on Tuesday, July 18th. BidaskClub downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. J P Morgan Chase & Co upgraded shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Daiwa Capital Markets downgraded shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. Finally, KeyCorp restated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 20th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $27.00.

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.

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

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