As Taiwan Semiconductor Mfg Co Adr (TSM) Valuation Rose, Capital International LTD Has Lowered Holding

May 18, 2018 - By Margarite Burden

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Capital International Ltd decreased its stake in Taiwan Semiconductor Mfg Co Adr (TSM) by 73.18% based on its latest 2017Q4 regulatory filing with the SEC. Capital International Ltd sold 1.34 million shares as the company’s stock rose 9.24% while stock markets declined. The institutional investor held 490,682 shares of the semiconductors company at the end of 2017Q4, valued at $19.46 million, down from 1.83M at the end of the previous reported quarter. Capital International Ltd who had been investing in Taiwan Semiconductor Mfg Co Adr for a number of months, seems to be less bullish one the $198.35B market cap company. The stock decreased 2.09% or $0.83 during the last trading session, reaching $38.96. About 7.96M shares traded or 7.58% up from the average. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 30.51% since May 18, 2017 and is uptrending. It has outperformed by 18.96% the S&P500.

Analysts await Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to report earnings on July, 12. They expect $0.45 EPS, up 7.14 % or $0.03 from last year’s $0.42 per share. TSM’s profit will be $2.29B for 21.64 P/E if the $0.45 EPS becomes a reality. After $0.59 actual EPS reported by Taiwan Semiconductor Manufacturing Company Limited for the previous quarter, Wall Street now forecasts -23.73 % negative EPS growth.

More recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Fool.com which released: “Better Buy: TSMC vs. Qualcomm, Inc.” on May 14, 2018. Also Benzinga.com published the news titled: “Brian Kelly Introduces An Active Blockchain ETF” on May 17, 2018. Fool.com‘s news article titled: “Why TSMC Is a Top Stock to Buy in May” with publication date: May 11, 2018 was also an interesting one.

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

Among 4 analysts covering Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Taiwan Semiconductor Manufacturing Company Ltd. had 6 analyst reports since November 27, 2017 according to SRatingsIntel. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Buy” rating given on Monday, January 22 by Goldman Sachs. The firm has “Buy” rating by HSBC given on Tuesday, January 16. As per Thursday, January 18, the company rating was maintained by Susquehanna. As per Thursday, April 19, the company rating was maintained by Susquehanna. Susquehanna maintained the shares of TSM in report on Tuesday, March 13 with “Hold” rating. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, November 27.

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

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