Savant Capital LLC Boosts Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Savant Capital LLC lifted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 14.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,697 shares of the semiconductor company’s stock after buying an additional 2,142 shares during the period. Savant Capital LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $3,298,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Mount Yale Investment Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 4.3% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock valued at $7,052,000 after buying an additional 1,476 shares during the last quarter. McHugh Group LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $605,000. OLD National Bancorp IN grew its position in Taiwan Semiconductor Manufacturing by 2.1% during the 4th quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock worth $22,357,000 after purchasing an additional 2,368 shares during the last quarter. Private Client Services LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $201,000. Finally, YHB Investment Advisors Inc. grew its position in Taiwan Semiconductor Manufacturing by 6.9% during the 4th quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company’s stock worth $7,954,000 after purchasing an additional 2,604 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TSM has been the topic of several research reports. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Finally, StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 0.5 %

TSM stock opened at $209.05 on Wednesday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $122.91 and a one year high of $226.40. The stock has a market capitalization of $1.08 trillion, a PE ratio of 29.69, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a fifty day moving average of $204.98 and a 200-day moving average of $188.12.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing 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.