Montag A & Associates Inc. Has $597,000 Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Montag A & Associates Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 966.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,739 shares of the semiconductor company's stock after purchasing an additional 5,201 shares during the period. Montag A & Associates Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $597,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Mather Group LLC. grew its stake in Taiwan Semiconductor Manufacturing by 2.0% in the 4th quarter. Mather Group LLC. now owns 4,819 shares of the semiconductor company's stock valued at $501,000 after buying an additional 96 shares during the last quarter. Benjamin Edwards Inc. grew its stake in Taiwan Semiconductor Manufacturing by 2.3% in the 4th quarter. Benjamin Edwards Inc. now owns 4,239 shares of the semiconductor company's stock valued at $441,000 after buying an additional 96 shares during the last quarter. Intrinsic Value Partners LLC grew its stake in Taiwan Semiconductor Manufacturing by 0.4% in the 4th quarter. Intrinsic Value Partners LLC now owns 24,903 shares of the semiconductor company's stock valued at $2,590,000 after buying an additional 100 shares during the last quarter. Atlas Private Wealth Advisors grew its stake in Taiwan Semiconductor Manufacturing by 3.3% in the 4th quarter. Atlas Private Wealth Advisors now owns 3,288 shares of the semiconductor company's stock valued at $342,000 after buying an additional 104 shares during the last quarter. Finally, Advisory Resource Group grew its stake in Taiwan Semiconductor Manufacturing by 1.3% in the 4th quarter. Advisory Resource Group now owns 8,523 shares of the semiconductor company's stock valued at $886,000 after buying an additional 108 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Up 4.5 %

NYSE TSM traded up $6.44 on Friday, hitting $149.23. The company's stock had a trading volume of 23,653,144 shares, compared to its average volume of 15,708,326. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $82.53 and a 1-year high of $158.40. The company has a quick ratio of 2.06, a current ratio of 2.33 and a debt-to-equity ratio of 0.27. The company's 50-day moving average is $139.22 and its 200 day moving average is $117.68. The firm has a market cap of $773.97 billion, a PE ratio of 28.42, a PEG ratio of 1.02 and a beta of 1.13.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, April 18th. The semiconductor company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 38.15% and a return on equity of 25.25%. The company had revenue of $18.87 billion during the quarter, compared to analysts' expectations of $18.38 billion. As a group, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.16 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TSM shares. Barclays boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $145.00 to $150.00 and gave the company an "overweight" rating in a report on Friday, April 19th. Needham & Company LLC reissued a "buy" rating and issued a $168.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 18th. Susquehanna boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the company a "positive" rating in a report on Tuesday, April 2nd. StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Thursday, April 11th. Finally, TD Cowen upped their price target on shares of Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the stock a "hold" rating in a report on Thursday, April 18th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of "Moderate Buy" and an average price target of $157.00.

Taiwan Semiconductor Manufacturing Company Profile

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.

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