Taiwan Semiconductor Manufactur (NYSE:TSM).
Vontobel Asset Management Inc says it raised its stake in Taiwan Semiconductor Manufactur stock by 36.3% as of the end of the last quarter. Its investment was worth $513,720,000 an increase of 45.0% as of the end of the quarter.
Here are a few additional firms who have increased or decreased their stake in (TSM). As of the end of the quarter Cornerstone Investment Partners, LLC had disposed of 231,066 shares trimming its holdings by 11.4%. The value of the investment in TSM went from $66,784,000 to $63,017,000 a change of 5.6% quarter over quarter. As of quarter end Waverton Investment Management Ltd had sold a total of 77,764 shares trimming its position 46.9%. The value of the total investment in Taiwan Semiconductor Manufactur decreased from $5,442,000 to $3,075,000 a change of $2,367,000 quarter to quarter.
As of quarter end Atria Investments LLC had bought 7,459 shares growing its stake by 34.7%. The value in dollars increased from $706,000 to $1,012,000 increasing 43.3% for the reporting period.
On October 14 the company was rated “Sector Weight” by Pacific Crest which was a boost from the previous “Underperform” rating. On October 4, 2016 the stock rating was changed to a “Neutral” according to a Susquehanna report up from the previous “” rating.
On July 12, 2016 the stock rating was set at “Neutral” in a report from Nomura which is down from the previous “” rating. On July 12 the stock rating was downgraded to “Neutral” from “” in a statement from JP Morgan.
On February 18 the company was upgraded from “Equal-weight” to “Overweight” in a report issued by Morgan Stanley. On December 1 the stock rating was upgraded to “Buy” from “” by analysts at HSBC.
The company is so far trading up by 0.57% since yesterday’s close of $35.38. Additionally the company recently declared a dividend for shareholders that will be paid on Thursday the 20th of July 2017. The dividend payment will be $0.290 per share for the quarter or $1.16 on an annualized basis. The dividend yield will be $3.35. The ex-dividend date will be on Monday the 26th of June 2017.
It is trading at $35.58 a tad below the 50 day moving average which is $35.71 and which is slightly above the 200 day moving average of $32.54. The 50 day moving average went down $-0.03 or -0.07% and the 200 day average was up $3.14.
The P/E ratio is 15.86 and market cap is 185.04B. As of the last earnings report the EPS was $2.25 and is estimated to be $2.19 for the current year with 5,186,076,000 shares outstanding. Next quarter’s EPS is forecasted at $0.43 with next year’s EPS anticipated to be $2.33.