Atlantic Trust Group LLC Purchases Shares of 79,771 Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Atlantic Trust Group LLC purchased a new stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 79,771 shares of the semiconductor company’s stock, valued at approximately $2,995,000.

Other institutional investors also recently modified their holdings of the company. AustralianSuper Pty Ltd boosted its holdings in Taiwan Semiconductor Mfg. by 22.7% during the third quarter. AustralianSuper Pty Ltd now owns 2,326,700 shares of the semiconductor company’s stock worth $87,368,000 after buying an additional 431,000 shares in the last quarter. Parametric Portfolio Associates LLC lifted its holdings in Taiwan Semiconductor Mfg. by 8.6% during the third quarter. Parametric Portfolio Associates LLC now owns 2,259,740 shares of the semiconductor company’s stock valued at $84,853,000 after purchasing an additional 178,576 shares in the last quarter. AXA lifted its holdings in Taiwan Semiconductor Mfg. by 25.3% during the third quarter. AXA now owns 643,485 shares of the semiconductor company’s stock valued at $24,163,000 after purchasing an additional 129,730 shares in the last quarter. Shelton Capital Management lifted its holdings in Taiwan Semiconductor Mfg. by 42.1% during the third quarter. Shelton Capital Management now owns 95,348 shares of the semiconductor company’s stock valued at $3,580,000 after purchasing an additional 28,262 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new position in Taiwan Semiconductor Mfg. during the third quarter valued at $113,000. Institutional investors and hedge funds own 19.39% of the company’s stock.

Several equities analysts have issued reports on TSM shares. Daiwa Capital Markets downgraded shares of Taiwan Semiconductor Mfg. from an “outperform” rating to a “hold” rating in a report on Thursday, October 19th. JPMorgan Chase & Co. raised shares of Taiwan Semiconductor Mfg. from a “neutral” rating to an “overweight” rating in a research note on Tuesday, October 10th. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Morgan Stanley cut shares of Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a research report on Monday, November 27th. Finally, KeyCorp reiterated a “hold” rating on shares of Taiwan Semiconductor Mfg. in a research report on Friday, October 20th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $37.50.

Shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE TSM) opened at $41.19 on Friday. The firm has a market cap of $206,750.00, a P/E ratio of 18.39, a PEG ratio of 1.18 and a beta of 0.74. The company has a current ratio of 2.36, a quick ratio of 2.11 and a debt-to-equity ratio of 0.06. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $28.98 and a 12-month high of $43.02.

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About Taiwan Semiconductor Mfg.

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 Mfg. (NYSE:TSM)

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