As Taiwan Semiconductor Mfg LTD (TSM) Market Value Rose, Martin Currie LTD Raised Position by $7.20 Million

February 15, 2018 - By Peter Erickson

Martin Currie Ltd increased its stake in Taiwan Semiconductor Mfg Ltd (TSM) by 7.64% based on its latest 2017Q3 regulatory filing with the SEC. Martin Currie Ltd bought 194,512 shares as the company’s stock rose 8.84% with the market. The institutional investor held 2.74M shares of the semiconductors company at the end of 2017Q3, valued at $102.87 million, up from 2.54M at the end of the previous reported quarter. Martin Currie Ltd who had been investing in Taiwan Semiconductor Mfg Ltd for a number of months, seems to be bullish on the $204.41B market cap company. The stock increased 0.88% or $0.38 during the last trading session, reaching $43.43. About 2.75M shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 51.40% since February 15, 2017 and is uptrending. It has outperformed by 34.70% the S&P500.

More important recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Benzinga.com which released: “Jim Cramer Shares His Thoughts On Whiting Petroleum, Taiwan Semiconductor And …” on October 06, 2017, also Seekingalpha.com published article titled: “Matthews Asia Innovators Fund Inv (MATFX) January Summary”, Benzinga.com published: “Todd Gordon’s Taiwan Semiconductor Trade” on July 12, 2017. More interesting news about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was released by: Nasdaq.com and their article: “Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Ex-Dividend Date …” with publication date: June 23, 2017.

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

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Taiwan Semiconductor Manufacturing had 15 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has “Sector Weight” rating by Pacific Crest given on Friday, October 14. The company was downgraded on Wednesday, June 21 by HSBC. The company was upgraded on Monday, January 22 by Goldman Sachs. Morgan Stanley downgraded the shares of TSM in report on Monday, November 27 to “Equal-Weight” rating. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) earned “Buy” rating by J.P. Morgan on Tuesday, October 10. The rating was upgraded by HSBC on Tuesday, January 16 to “Buy”. The rating was maintained by Susquehanna with “Hold” on Thursday, January 18. KeyBanc Capital Markets maintained the shares of TSM in report on Wednesday, September 6 with “Hold” rating. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, June 28. Susquehanna upgraded the stock to “Neutral” rating in Tuesday, October 4 report.

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