Traders Review: Taiwan Semiconductor Manufacturing (NYSE:TSM)

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28 July, 2017

A number of other institutional investors also recently bought and sold shares of the stock. Taiwan Semiconductor Manufacturing makes up about 4.8% of Intermede Investment Partners Ltd's holdings, making the stock its 9th largest position. Renaissance Technologies LLC increased its stake in Semiconductor Manufacturing Int'l by 4.8% in the first quarter. 2 shares were traded on Taiwan Semiconductor Manufacturing Company Ltd.'s last session. Augustine Asset Management Inc. now owns 169,322 shares of the semiconductor company's stock worth $5,560,000 after buying an additional 2,668 shares during the last quarter. Bank of America Corp DE increased its stake in Semiconductor Manufacturing Int'l by 8.0% in the first quarter. UBS Group AG now owns 64,161 shares of the semiconductor company's stock valued at $403,000 after buying an additional 40,616 shares during the last quarter. Mizuho Securities USA LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the second quarter valued at $524,000. Wealthsource Partners LLC now owns 8,641 shares of the semiconductor company's stock worth $284,000 after buying an additional 101 shares during the period. Finally, Wetherby Asset Management Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 7.6% in the first quarter. Taiwan Semiconductor Mfg Co Adr now has $181.87B valuation. Ltd. (ADR) (NYSE:TSM) has risen 51.40% since July 27, 2016 and is uptrending. During its last trading session, Stock traded with the total exchanged volume of 5.28 million shares. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 1.76% from last close price of 36.18 and act as support or resistance of price limit. The company has a market cap of $187.84 billion, a P/E ratio of 16.39 and a beta of 0.77. Taiwan Semiconductor Manufacturing Company has a 1 year low of $27.66 and a 1 year high of $36.92.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.08. During the same period in the previous year, the business posted $2.80 EPS.

Quarterly Revenue growth year over year is -3.6 Percent. Analysts expect next quarter's EPS will be $0.06 and the next full year EPS is anticipated to be $0.24.

The company also recently disclosed an annual dividend, which was paid on Thursday, July 20th. Shareholders of record on Wednesday, June 28th were given a $0.927 dividend. This is a positive change from Taiwan Semiconductor Manufacturing's previous annual dividend of $0.74. It has a dividend yield of 3.21%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is now 42.59%.

WARNING: "Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Shares Sold by Russell Investments Group Ltd." was posted by Week Herald and is the sole property of of Week Herald. If you are reading this story on another site, it was copied illegally and republished in violation of US & global copyright & trademark laws. The legal version of this story can be accessed at https://www.themarketsdaily.com/2017/07/28/narus-financial-partners-llc-has-349000-stake-in-taiwan-semiconductor-manufacturing-company-ltd-nysetsm-updated-updated.html.

TSM's fiscal year ends Dec 31, 2016 and the most recent quarter started on Jun 30, 2017. Finally, Rosenblatt Securities set a $27.00 target price on shares of Taiwan Semiconductor Manufacturing and gave the stock a "buy" rating in a research note on Saturday, April 15th. BidaskClub cut Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a research report on Friday, June 30th. The rating was downgraded by HSBC to "Hold" on Wednesday, June 21. Macquarie lowered shares of Semiconductor Manufacturing International Corporation from an "outperform" rating to a "neutral" rating in a research report on Thursday, May 11th. 1 equities equity analyst has recommended the share with a sell recommendation, four have issued a hold recommendation and two has issued a buy recommendation to The corporation.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

Semiconductor Manufacturing International Corporation (SMIC), launched on April 3, 2000, is involved in the computer-aided design, manufacturing, testing, packaging, and trading of integrated circuits (ICs) and other semiconductor services, as well as designing and manufacturing semiconductor masks.


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