Taiwan Semiconductor Manufacturing (TSM) Signals in the Spotlight

Joanna Estrada
October 19, 2017

The hedge fund run by Chao Ku held 1.81 million shares of the semiconductors company at the end of 2017Q2, valued at $63.23 million, up from 480,192 at the end of the previous reported quarter. Taiwan Semiconductor Manufacturing Company Ltd. The stock rose 0.82% or $0.34 reaching $41.59.

About 2.90M shares traded. Royal Bank of Canada (NYSE:RY) has risen 16.29% since October 16, 2016 and is uptrending. It has underperformed by 36.98% the S&P500.

Taiwan Semiconductor Manufacturing Company Limited (TSM) opened the session with a $40.88 price tag, later ranging from $40.65 to $40.92, the range at which the stock has traded at throughout the day. Nine Masts Capital Ltd who had been investing in Taiwan Semiconductor Mfg Ltd for a number of months, seems to be bullish on the $204.58B market cap company. The SI to Taiwan Semiconductor Manufacturi's float is 0.39%. Vanguard Group Inc. now owns 43,283,137 shares of the semiconductor company's stock valued at $1,513,179,000 after purchasing an additional 4,139,915 shares during the period. J P Morgan Chase & Co upgraded Taiwan Semiconductor Manufacturing from a "neutral" rating to an "overweight" rating in a report on Tuesday, October 10th. Ltd. (ADR) (NYSE:TSM) has risen 51.40% since October 16, 2016 and is uptrending. It has outperformed by 34.70% the S&P500.

Let's have a look at some of the important valuation ratios of the Taiwan Semiconductor Manufacturing Company Ltd. (TSM). Therefore 44% are positive. Given Inphi Corporation's stronger consensus rating and higher possible upside, analysts plainly believe Inphi Corporation is more favorable than Taiwan Semiconductor Manufacturing. Susquehanna upgraded the stock to "Neutral" rating in Tuesday, October 4 report. Finally, HSBC Holdings plc lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Wednesday, June 21st.

This is a breakdown of recent recommendations for Taiwan Semiconductor Manufacturing and Inphi Corporation, as provided by MarketBeat. Ltd. (ADR) (NYSE:TSM) on Tuesday, October 10 to "Buy" rating. The firm has "Neutral" rating given on Tuesday, June 28 by Goldman Sachs. The firm has "Outperform" rating given on Friday, September 25 by Barrington Research. Ltd. (ADR) (NYSE:TSM) on Tuesday, October 10 to "Buy" rating. The value of the company's investment in Taiwan Semiconductor Manufactur went from $9,465,700,000 to $8,273,454,000 decreasing 12.6% quarter to quarter. The company has market cap of $9.21 billion. The Firm is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. The Firm operates through the biotechnology sector segment. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Therefore 63% are positive. Royal Fincl Bank Of Canada owns 505 shares. The company now has a consensus rating of "Hold" and a consensus price target of $27.00. The stock of Royal Bank of Canada (NYSE:RY) earned "Buy" rating by TD Securities on Monday, November 21. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, January 15 report. The stock of TE Connectivity Ltd (NYSE:TEL) has "Buy" rating given on Tuesday, August 1 by RBC Capital Markets. As per Monday, February 27, the company rating was upgraded by Keefe Bruyette & Woods. As per Friday, September 8, the company rating was maintained by Jefferies. (NYSE:AN) rating on Wednesday, October 11. H.C. Wainwright maintained it with "Buy" rating and $5.0 target in Wednesday, October 11 report.

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