Great Lakes Retirement Inc. Boosts Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Great Lakes Retirement Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,377 shares of the semiconductor company’s stock after acquiring an additional 78 shares during the period. Great Lakes Retirement Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $3,234,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Valley Brook Capital Group Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 6.9% in the 4th quarter. Valley Brook Capital Group Inc. now owns 1,700 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 110 shares in the last quarter. Schwartz Investment Counsel Inc. grew its position in Taiwan Semiconductor Manufacturing by 71.3% during the fourth quarter. Schwartz Investment Counsel Inc. now owns 276,250 shares of the semiconductor company’s stock worth $54,557,000 after buying an additional 115,000 shares during the period. Capital Advisors Inc. OK increased its holdings in Taiwan Semiconductor Manufacturing by 54.6% in the fourth quarter. Capital Advisors Inc. OK now owns 3,398 shares of the semiconductor company’s stock valued at $671,000 after buying an additional 1,200 shares in the last quarter. Schear Investment Advisers LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at approximately $625,000. Finally, Warther Private Wealth LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 6.7% during the 4th quarter. Warther Private Wealth LLC now owns 79,401 shares of the semiconductor company’s stock worth $15,681,000 after acquiring an additional 4,953 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Needham & Company LLC restated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Finally, Barclays raised their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 0.5 %

Shares of NYSE:TSM opened at $209.05 on Wednesday. The company has a market capitalization of $1.08 trillion, a P/E ratio of 29.69, a P/E/G ratio of 0.70 and a beta of 1.06. The stock’s fifty day simple moving average is $204.98 and its 200-day simple moving average is $188.12. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $122.91 and a 52-week high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

About Taiwan Semiconductor Manufacturing

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.