Brief Overview on Stock's Performances: Taiwan Semiconductor Manufacturing Company Limited (TSM)

Joanna Estrada
January 19, 2018

Bloom Tree Partners Llc owns 789,079 shares or 3.66% of their U.S. portfolio. The hedge fund run by Paul Ruddock held 25.94M shares of the semiconductors company at the end of 2017Q3, valued at $973.94M, up from 18.84M at the end of the previous reported quarter. Weyerhaeuser Co Reit now has $26.53 billion valuation. The stock decreased 0.74% or $1.18 during the last trading session, reaching $157.89. About 501,475 shares traded. It has underperformed by 1.24% the S&P500.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.33 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. About 9.08M shares traded or 77.55% up from the average. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. It has outperformed by 34.70% the S&P500.

The company is estimated to report earnings on Jan 11. Nasdaq Journal (NJ) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument, unless that information is subsequently confirmed on your own. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks.

TSM traded at an unexpectedly high level on 01/17/2018 when the stock experienced a 2.13% gain to a closing price of $43.13. The firm delivers its data platform through Purity Operating Environment, an optimized software for solid-state memory that offers enterprise-class storage and protocol services; FlashArray and FlashBlade optimized hardware products for solid-state memory to enhance the performance and density of flash, optimize its advanced software services, and reduce solution cost for customers; Pure1, a cloud management and support software; and FlashStack, a converged infrastructure solution. KeyCorp restated a "hold" rating on shares of Taiwan Semiconductor Mfg.in a research report on Friday, October 20th. Taiwan Semiconductor Manufacturing had 13 analyst reports since August 24, 2015 according to SRatingsIntel. The analysts, on average, are forecasting a $36.52 price target, but the stock is already up 46.75% from its recent lows.

Taiwan Semiconductor Mfg. had a net margin of 35.71% and a return on equity of 24.48%. The company was upgraded on Tuesday, October 10 by J.P. Morgan. (NASDAQ:JD) has "Overweight" rating given on Thursday, December 17 by Morgan Stanley. The firm has "Hold" rating by KeyBanc Capital Markets given on Wednesday, September 6. The firm has "Buy" rating given on Friday, October 14 by Stifel Nicolaus. The rating was downgraded by HSBC to "Hold" on Wednesday, June 21. As per Tuesday, June 28, the company rating was downgraded by Goldman Sachs. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has "Neutral" rating given on Tuesday, October 4 by Susquehanna.

Hermes Investment Management Ltd increased Taiwan Semiconductor Mfg Ltd (TSM) stake by 11.53% reported in 2017Q3 SEC filing.

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. As per Wednesday, April 27, the company rating was initiated by Needham. The rating was maintained by Barclays Capital with "Buy" on Thursday, November 30. The stock of Weyerhaeuser Company (NYSE:WY) earned "Buy" rating by Argus Research on Tuesday, March 15. Pettyjohn Wood And White reported 12,801 shares. The stock has "Neutral" rating by Bank of America on Thursday, August 11. "(NYSE:TSM) Lifted to "Buy" at Zacks Investment Research" was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal.

The New York-based Samlyn Capital Llc has invested 1.73% in the stock. Its down 0.14, from 0.91 in 2017Q2.

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