Fisher Asset Management LLC Has Upped Its Taiwan Semiconductor Mfg L Adr (TSM) Holding

April 17, 2018 - By Maria Brooks

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Ken Fisher increased its stake in Taiwan Semiconductor Mfg L Adr (TSM) by 0.24% based on its latest 2017Q4 regulatory filing with the SEC. Fisher Asset Management Llc bought 81,730 shares as the company’s stock rose 9.24% while stock markets declined. The hedge fund run by Ken Fisher held 33.99 million shares of the semiconductors company at the end of 2017Q4, valued at $1.35 billion, up from 33.91 million at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Taiwan Semiconductor Mfg L Adr for a number of months, seems to be bullish on the $215.67 billion market cap company. The stock decreased 1.31% or $0.56 during the last trading session, reaching $42.31. About 9.75M shares traded or 33.89% up from the average. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 30.51% since April 17, 2017 and is uptrending. It has outperformed by 18.96% the S&P500.

Fisher Asset Management Llc, which manages about $76.56B US Long portfolio, decreased its stake in Svb Finl Group (NASDAQ:SIVB) by 30,220 shares to 1.41 million shares, valued at $329.76 million in 2017Q4, according to the filing. It also reduced its holding in Comcast Corp New Cl A (NASDAQ:CMCSA) by 5.82M shares in the quarter, leaving it with 7.90 million shares, and cut its stake in Goldman Sachs Group Inc (NYSE:GS).

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 5 analyst reports since November 27, 2017 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Monday, November 27 by Morgan Stanley. Susquehanna maintained the stock with “Hold” rating in Tuesday, March 13 report. On Thursday, January 18 the stock rating was maintained by Susquehanna with “Hold”. Goldman Sachs upgraded the stock to “Buy” rating in Monday, January 22 report. HSBC upgraded the stock to “Buy” rating in Tuesday, January 16 report.

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

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