Origin Asset Management Llp Stake In Taiwan Semiconductor Mfg LTD (TSM) Was Decreased

May 16, 2018 - By Palma Niemeyer

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Corporate Logo

In 2017Q4 Securities and Exchange form is reported Origin Asset Management Llp’s stake in Taiwan Semiconductor Mfg Ltd (TSM) which was reduced by 4.82%. 80,000 shares were sold by Origin Asset Management Llp as the company’s stock rose 9.24% while stock markets declined. At the end of 2017Q4, the 1.58 million shares of the semiconductors company held by the institutional investor were valued at $62.63M, down from 1.66M at the end of the previous reported quarter. $202.53 billion is the market cap of Taiwan Semiconductor Mfg Ltd. The stock increased 1.23% or $0.4821 during the last trading session, hitting $39.7821.Taiwan Semiconductor Manufacturing Company Limited has volume of 4.60 million shares. Since May 16, 2017 TSM has risen 30.51% and is uptrending. TSM outperformed by 18.96% the S&P500.

Origin Asset Management Llp manages about $2.70 billion and $1.75B US Long portfolio. It upped its stake in Thor Inds Inc (NYSE:THO) by 20,900 shares to 201,619 shares, valued at $30.39M in 2017Q4, according to the filing. Origin Asset Management Llp has risen its stake in Mgic Invt Corp Wis (NYSE:MTG) and also increased its holding in Cigna Corporation (NYSE:CI) by 68,200 shares in the quarter, for a total of 168,400 shares.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s earnings report is awaited on July, 12., according to Zacks. Analysts have anticipation on stock’s EPS of $0.45. That’s up 7.14 % from last year’s $0.42 EPS. If TSM’s EPS is $0.45 the profit will reach $2.29B for 22.10 P/E. After $0.59 EPS report previous quarter, Wall Street now forecasts -23.73 % negative EPS growth of Taiwan Semiconductor Manufacturing Company Limited.

A couple more Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were posted by: Seekingalpha.com which released on April 20, 2018 “Taiwan Semiconductor Manufacturing’s (TSM) CEO CC Wei on Q1 2018 Results – Earnings Call Transcript”, also Fool.com on May 11, 2018 posted “Why TSMC Is a Top Stock to Buy in May”, the next Fool.com is “Better Buy: TSMC vs. Qualcomm, Inc.” on May 14, 2018. Streetinsider.com has article titled “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)”.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Ratings Coverage

Total analysts of 4 have positions in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) as follows: 2 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 50%. Since November 27, 2017 according to StockzIntelligence Inc Taiwan Semiconductor Manufacturing Company Ltd. has 6 analyst reports. On Monday, November 27 the rating was downgraded by Morgan Stanley to “Equal-Weight”. On Tuesday, March 13 the rating was maintained by Susquehanna with “Hold”. On Thursday, April 19 the rating was maintained by Susquehanna with “Hold”. On Monday, January 22 Goldman Sachs upgraded Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to “Buy” rating. On Tuesday, January 16 the stock has “Buy” rating by HSBC. On Thursday, January 18 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Hold” rating given by Susquehanna.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Analyst Ratings Chart

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