8,295 Shares in Taiwan Semiconductor Mfg. Co. Ltd. (TSM) Acquired by F3Logic LLC

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F3Logic LLC purchased a new stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 8,295 shares of the semiconductor company’s stock, valued at approximately $340,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brand Asset Management Group Inc. bought a new stake in Taiwan Semiconductor Mfg. in the 1st quarter valued at $67,000. Next Capital Management LLC bought a new stake in shares of Taiwan Semiconductor Mfg. during the 1st quarter valued at $25,000. Horan Capital Advisors LLC. bought a new stake in shares of Taiwan Semiconductor Mfg. during the 1st quarter valued at $29,000. Cullen Frost Bankers Inc. bought a new stake in shares of Taiwan Semiconductor Mfg. during the 1st quarter valued at $31,000. Finally, First Bank & Trust bought a new stake in shares of Taiwan Semiconductor Mfg. during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 19.92% of the company’s stock.

TSM has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a research report on Thursday, April 11th. CLSA downgraded Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research report on Thursday, January 17th. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Friday, April 19th. Finally, Goldman Sachs Group initiated coverage on Taiwan Semiconductor Mfg. in a research report on Tuesday, May 7th. They set a “buy” rating and a $50.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $48.00.

NYSE:TSM opened at $41.97 on Thursday. The firm has a market cap of $217.66 billion, a PE ratio of 18.74, a P/E/G ratio of 2.49 and a beta of 0.98. The company has a quick ratio of 2.38, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $34.22 and a fifty-two week high of $45.64.

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Taiwan Semiconductor Mfg. Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

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

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