Taiwan Semiconductor Manufacturing (NYSE:TSM).
Hosking Partners Llp raised its stake in Taiwan Semiconductor Manufacturing stock by 0.5% as of the end of the last quarter. Its investment was valued at $63,631,000 an increase of $4,693,000 according to the filing.
These firms have modified their investment in TSM. Greenleaf Trust grew its position by buying 7,613 shares an increase of 31.5% in the quarter. Greenleaf Trust currently owns 31,767 shares with a value of $1,193,000. The value of the position overall is up by 41.4%. As of quarter end Baird Financial Group, Inc. had disposed of 7,865 shares trimming its position 0.9%. The value of the investment in Taiwan Semiconductor Manufacturing went from $30,434,000 to $32,393,000 a change of 6.4% for the reporting period.
Raymond James & Associates downsized its investment by shedding 128,773 shares a decrease of 7.4%. Raymond James & Associates controls 1,606,895 shares worth $60,339,000. The total value of its holdings decreased 0.6%.
On October 20, 2017 KeyCorp kept a “Hold” rating on the company.
The company is so far trading down from yesterday’s close of 41.86. The company currently has a P/E ratio of 18.45 and the market cap of the company is 204.37B. As of the latest earnings report the EPS was $2.25 with 25.93B shares currently outstanding.
Short traders are feeling a little more bearish on Taiwan Semiconductor Manufacturing at least if you consider the change in short interest. The company saw a rise in short interest between September 29, 2017 and October 13, 2017 of 3.66%. Short shares increased 924,691 over that period. With short interest at 26,166,709 and short average daily volume at 3,950,175, the short-interest ratio is 7.0 and the percentage of shorted shares was 0.00% on October 13.