Skip to Content

Cantillon Capital Management LLC disposes of 27,836 Taiwan Semiconductor Manufacturing Company Limited shares (NYSE:TSM)

Cantillon Capital Management LLC disposes of 27,836 Taiwan Semiconductor Manufacturing Company Limited shares (NYSE:TSM)

Cantillon Capital Management LLC reported to the Securities and Exchange Commission in its most recent 13F filing that during the third quarter, the value of the firm’s holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) fell by 0.8%. This information was provided about the company’s holdings in other companies. The fund had a total holding of 3,322,282 shares of stock in the semiconductor company before selling 27,836 shares during the period in question. Taiwan Semiconductor Manufacturing is Cantillon Capital Management LLC’s 29th-largest investment, accounting for approximately 2.1% of the firm’s total assets. Cantillon Capital Management LLC disclosed to the Securities and Exchange Commission (SEC) in its most recent filing that the company owns approximately 0.06% of Taiwan Semiconductor Manufacturing, which currently has a market value of $227,776,000.

Several additional institutional investors have, in recent times, made changes to how they are holding TSM. Pinnacle Holdings LLC spent approximately $25,000 during the second quarter to secure the right to acquire a new interest in Taiwan Semiconductor Manufacturing. This acquisition occurred during the company’s second quarter. Crewe Advisors LLC made a financial investment in Taiwan Semiconductor Manufacturing for $25,000 during the second quarter of 2018. During the second quarter, Castle Wealth Management LLC invested $27,000 to open a new stake in Taiwan Semiconductor Manufacturing. During the second quarter, Heritage Wealth Advisors witnessed a rise in the value of its holdings in Taiwan Semiconductor Manufacturing of 53.4%. Heritage Wealth Advisors now has 359 shares of ownership in the company after completing a transaction that resulted in purchasing an additional 125 shares of the semiconductor business during the preceding quarter. This brought the total number of shares they own in the company to de changes to how they hold TSM. Pinnacle Holdings LLC spent approximately $25,000 during the second quarter to secure the right to acquire a new interest in Taiwan Semiconductor Manufacturing. This acquisition occurred during the company’s second quarter. Crewe Advisors LLC made a financial investment in Taiwan Semiconductor Manufacturing for $25,000 during the second quarter of 2018. During the second quarter, Castle Wealth Management LLC invested $27,000 to open a new stake in Taiwan Semiconductor Manufacturing. During the second quarter, Heritage Wealth Advisors witnessed a rise in the value of its holdings in Taiwan Semiconductor Manufacturing of 53.4%. Heritage Wealth Advisors now has 359 shares of ownership in the company after completing a transaction that resulted in purchasing an additional 125 shares of the semiconductor business during the preceding quarter. This brought the total number of shares they own in the company to 359; last but not least, during the third quarter, Investors Asset Management of Georgia Inc. (GA ADV) increased the percentage of Taiwan Semiconductor Manufacturing stock held by 121.2%. This was an impressive accomplishment. During the most recent quarter, Investors Asset Management of Georgia Inc. (GA ADV) increased its holdings in the stock of the semiconductor firm by 200 shares, bringing its total number of shares to 365, with a market value of $25,000. This move brought the company’s total market value of its holdings to $25,000. A total of 16.79% of the company’s shares are currently held in institutional ownership.

The reports that various analysts have written on TSM stock and which can be found here, can be found here.

StockNews.com began providing coverage of Taiwan Semiconductor Manufacturing on Wednesday, October 12, within a published research note, and they rated the company as a “buy” overall. Erste Group Bank shifted its rating for Taiwan Semiconductor Manufacturing from “hold” to “buy” in a report on investment analysis published on November 18. In a research note made public by TheStreet on November 4, the rating for Taiwan Semiconductor Manufacturing was changed from “b-” to “c+.” This represents a significant downgrade. In a research note made public on Thursday, October 20, Cowen announced that they had decreased their target price on Taiwan Semiconductor Manufacturing stock to $75.00. The Goldman Sachs Group rated Taiwan Semiconductor Manufacturing as a “buy” in a research note published on Thursday, October 13. This rating is a decrease from the “conviction-buy” recommendation they had previously given. Six market watchers have assigned the stock a “buy” rating, while only three have assigned it a “hold” rating. According to the information made available by Bloomberg, the stock has been given an average recommendation: “Moderate and market watchers believe that it will reach a price of $94 shortly.

During trading on Thursday at noon, when the market was open, only 306,043 NYSE TSM shares were traded, significantly less than the normal amount of 16,864,121 shares that were traded during this time. The stock price fell by $0.69 to $88.78 per share. The price-to-earnings ratio for this company is 13.64, the price-to-earnings-to-growth ratio is 0.75, and the beta value for this business is 1.06. The company currently has a market capitalization of $460.44 billion6,043. NYSE TSM shares were traded significantly less than the normal amount of 16,864,121 shares that were traded during this time. The stock price fell by $0.69 to $88.78 per share. The price-to-earnings ratio for this company is 13.64, the price-to-earnings-to-growth ratio is 0.75, and the beta value for this business is 1.06. The company currently has a market capitalization of $460.44 billion. At the moment, the price of the company is trading at $78.80, which is higher than its 50-day simple moving average but lower than its 200-day simple moving average by $77.86. The ratio of total assets to current assets is 2.49; the ratio of current assets to total assets is 0.32; and the ratio of quick assets to current assets is 2.22. Taiwan Semiconductor Manufacturing Company Limited Shares have traded for as little as $59.43 per share and as much as $135.90 per share over the past 12 months.

Additionally, the corporation announced a monthly dividend that will be paid out on the thirteenth of each month; the first distribution of this dividend will take place on Thursday of this week. On the following Thursday, March 28 March 28, 2019, a $0.3392 dividend payment per share will be made to all stockholders of record as of March 17. On March 17 March 17, dividends for $0.3392 per share will be distributed to all of the stockholders on record as of that date. On Thursday, March 16, March 16, this dividend will be distributed to shareholders whose accounts were in good standing as of that day (March 16, March 16). This corresponds to a dividend payment of $4.07 and a yield of 4.58% when calculated annually. At the moment, the dividend payout ratio for Taiwan Semiconductor Manufacturing stands at 21.49%. This figure was obtained recently.

The Taiwan Semiconductor Manufacturing Co., Ltd. is an industry leader in producing and selling wafer-based semiconductor devices, in addition to specializing in the production of integrated circuits. Its chips can be found in a vast assortment of products, including consumer electronics such as digital video compact disc players, digital televisions, gaming consoles, and digital cameras; personal computers and peripherals; information applications; wired and wireless communications systems; automotive and industrial equipment; and digital cameras.

Tags

Leave a comment

Your email address will not be published. Required fields are marked *