Eaton Vance Management Has $38.85 Million Stake in Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

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Eaton Vance Management reduced its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 45.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,052,680 shares of the semiconductor company’s stock after selling 870,270 shares during the period. Eaton Vance Management’s holdings in Taiwan Semiconductor Mfg. were worth $38,854,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of TSM. Boston Partners boosted its holdings in Taiwan Semiconductor Mfg. by 53.8% during the fourth quarter. Boston Partners now owns 200,000 shares of the semiconductor company’s stock worth $7,382,000 after purchasing an additional 70,000 shares during the last quarter. Synovus Financial Corp boosted its holdings in Taiwan Semiconductor Mfg. by 114.2% during the fourth quarter. Synovus Financial Corp now owns 966 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 515 shares during the last quarter. Tower Bridge Advisors boosted its holdings in Taiwan Semiconductor Mfg. by 5.6% during the fourth quarter. Tower Bridge Advisors now owns 153,240 shares of the semiconductor company’s stock worth $5,656,000 after purchasing an additional 8,125 shares during the last quarter. Mcdaniel Terry & Co. boosted its holdings in Taiwan Semiconductor Mfg. by 145.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 152,835 shares of the semiconductor company’s stock worth $5,641,000 after purchasing an additional 90,473 shares during the last quarter. Finally, Henry James International Management Inc. boosted its holdings in Taiwan Semiconductor Mfg. by 143.5% during the fourth quarter. Henry James International Management Inc. now owns 64,735 shares of the semiconductor company’s stock worth $2,389,000 after purchasing an additional 38,150 shares during the last quarter. Hedge funds and other institutional investors own 19.24% of the company’s stock.

TSM opened at $38.98 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.34 and a current ratio of 2.67. The stock has a market capitalization of $202.26 billion, a price-to-earnings ratio of 17.40, a P/E/G ratio of 1.17 and a beta of 0.97. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $34.22 and a twelve month high of $45.75.

TSM has been the topic of several analyst reports. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Tuesday, December 18th. Morgan Stanley upgraded shares of Taiwan Semiconductor Mfg. from an “underweight” rating to an “equal weight” rating in a research note on Friday, November 16th. Zacks Investment Research upgraded shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research note on Thursday, November 22nd. Finally, CLSA cut shares of Taiwan Semiconductor Mfg. from an “outperform” rating to an “underperform” rating in a research note on Thursday, January 17th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Taiwan Semiconductor Mfg. presently has an average rating of “Hold” and a consensus target price of $50.00.

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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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Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM).

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

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