24 July, 2017
Invesco Ltd accumulated 4.63 million shares or 0.28% of the stock. The New York-based Awm Investment Company Inc. has invested 0.73% in the stock. Harding Loevner LP increased its stake in shares of Taiwan Semiconductor Manufacturing by 2.0% in the first quarter. Highbridge Capital Management LLC purchased a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at $555,000. U S Global Investors Inc bought a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at $187,000. Manning & Napier Advisors LLC now owns 553,737 shares of the semiconductor company's stock worth $18,183,000 after buying an additional 2,545 shares during the period.
Earlier, the firm's president and co-CEO Mark Liu said that as deep learning has been the largest breakthrough in AI architecture over the past five decades and high-performance computing (HPC) technology has been widely applied, TSMC will utilize HPC technology to lead the development of the semiconductor industry and grab business opportunities associated with forthcoming AI applications. (NYSE TSM) traded up 0.64% during trading on Monday, reaching $36.08. 1,418,314 shares of the company's stock traded hands. The company has a 50-day moving average price of $35.78 and a 200-day moving average price of $33.16. Motley Fool Asset Management Llc who had been investing in Taiwan Semiconductor Manufacturing Co Ltd for a number of months, seems to be less bullish one the $181.08B market cap company.
COPYRIGHT VIOLATION WARNING: "Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) Stake Increased by Park National Corp OH" was first reported by Stock Observer and is owned by of Stock Observer. The semiconductor company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by $0.08. The firm had revenue of $213.86 billion during the quarter, compared to analyst estimates of $214.25 billion.
Among 5 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 1 have Buy rating, 0 Sell and 4 Hold. The company's revenue was down 3.6% on a year-over-year basis. During the same period a year ago, the business earned $2.80 earnings per share.
Taiwan Semiconductor Manufacturing Company Limited has a consensus hold rating from 7 Wall Street analysts, and the number of shares now sold short amount to at least 0.51% of shares outstanding.
The company also recently disclosed an annual dividend, which was paid on Thursday, July 20th. Shareholders of record on Wednesday, June 28th were paid a $0.927 dividend. The ex-dividend date of this dividend is Mon, Jun 26th. This represents a yield of 3.25%. Now the P/E of Taiwan Semiconductor Manufacturing Company Limited (TSM) stands at 15.85.
Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, July 13th. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark legislation. The correct version of this news story can be read at https://www.com-unik.info/2017/07/24/ledyard-national-bank-reduces-stake-in-taiwan-semiconductor-manufacturing-company-ltd-nysetsm-updated.html.
Several equities analysts have recently weighed in on TSM shares. Zacks trimmed stocks of Taiwan Semiconductor Manufacturing Company from a "buy" recommendation to a "hold" recommendation in a analysis note on early Wed, Apr 19th. Finally, Credit Suisse Group cut Taiwan Semiconductor Manufacturing from an "outperform" rating to a "neutral" rating in a report on Monday, May 15th. BidaskClub lowered the stock of Taiwan Semiconductor Manufacturing Company from a "strong-buy" recommendation to a "buy" recommendation in a analysis note on Friday morning, Jun 30th. Finally, Rosenblatt Securities set a $27.00 price objective on shares of Taiwan Semiconductor Manufacturing and gave the stock a "buy" rating in a research note on Saturday, April 15th. (NYSE:AVB), 10 have Buy rating, 1 Sell and 8 Hold. Ltd. (ADR) (NYSE:TSM) latest ratings and price target changes.
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