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AMF Pensionsforsakring AB Has $3.36 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Watch List News
Aggregated Source: ChinaTechNews.com

AMF Pensionsforsakring AB lowered its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 44.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,049 shares of the semiconductor company’s stock after selling 24,179 shares during the period. AMF Pensionsforsakring AB’s holdings in Taiwan Semiconductor Manufacturing were worth $3,355,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. American National Bank acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $25,000. Albion Financial Group UT bought a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $28,000. Activest Wealth Management boosted its stake in Taiwan Semiconductor Manufacturing by 225.0% in the third quarter. Activest Wealth Management now owns 247 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 171 shares during the last quarter. Winch Advisory Services LLC boosted its stake in Taiwan Semiconductor Manufacturing by 53.6% in the second quarter. Winch Advisory Services LLC now owns 275 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 96 shares during the last quarter. Finally, Magellan Asset Management Ltd bought a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $37,000.
Get Taiwan Semiconductor Manufacturing alerts: TSM has been the topic of a number of recent research reports. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research note on Thursday, September 16th. Susquehanna Bancshares reaffirmed a “hold” rating and issued a $130.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, November 22nd. Susquehanna reaffirmed a “hold” rating and issued a $130.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, November 22nd. Finally, Cowen assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, October 11th. They issued a “market perform” rating and a $120.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $133.01.
Shares of NYSE TSM opened at $120.68 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $104.67 and a twelve month high of $142.20. The company’s fifty day moving average is $118.28 and its 200-day moving average is $117.29. The company has a quick ratio of 1.81, a current ratio of 2.09 and a debt-to-equity ratio of 0.23. The stock has a market cap of $625.86 billion, a price-to-earnings ratio of 30.63, a P/E/G ratio of 1.76 and a beta of 0.91.
Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, October 14th. The semiconductor company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.03. The firm had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 37.93% and a return on equity of 29.08%. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 4.16 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 14th. Stockholders of record on Thursday, March 17th will be paid a $0.3911 dividend. The ex-dividend date of this dividend is Wednesday, March 16th. This represents a $1.56 annualized dividend and a dividend yield of 1.30%. Taiwan Semiconductor Manufacturing’s payout ratio is 39.85%.
Taiwan Semiconductor Manufacturing Company Profile
Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products; information applications; wired and wireless communications systems products; automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras.
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AMF Pensionsforsakring AB Has $3.36 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Watch List News comes via ChinaTechNews.com.

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