Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Holdings Cut by Augustine Asset Management Inc.

Augustine Asset Management Inc. reduced its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 120,541 shares of the semiconductor company’s stock after selling 2,685 shares during the period. Taiwan Semiconductor Manufacturing makes up 6.3% of Augustine Asset Management Inc.’s portfolio, making the stock its 5th largest holding. Augustine Asset Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $23,806,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TSM. Reston Wealth Management LLC purchased a new position in Taiwan Semiconductor Manufacturing in the third quarter worth about $25,000. Stonebridge Financial Group LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $25,000. Archer Investment Corp boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 48.1% in the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 62 shares during the period. American Capital Advisory LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $38,000. Finally, OLD Second National Bank of Aurora raised its holdings in Taiwan Semiconductor Manufacturing by 169.8% during the 3rd quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 146 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Trading Up 0.5 %

NYSE TSM opened at $209.05 on Wednesday. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $122.91 and a 12 month high of $226.40. The company’s 50-day moving average price is $204.98 and its 200-day moving average price is $188.12. The stock has a market cap of $1.08 trillion, a PE ratio of 29.69, a PEG ratio of 0.70 and a beta of 1.06. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates 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 research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Analysts Set New Price Targets

TSM has been the subject of several recent analyst reports. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Barclays lifted 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 note on Friday, January 17th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and an average price target 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.