Aperio Group LLC Increased Its Stake in Taiwan Semiconductor (TSM) by $3.82 Million as Shares Declined

June 27, 2018 - By Loretta Love

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Corporate Logo

Aperio Group Llc’s holdings in Taiwan Semiconductor (TSM) is upped by 4.03% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock sank 11.51% while Aperio Group Llc bought 88,773 shares. At the end of 2018Q1, the institutional investor held 2.29M shares of the semiconductors company, valued at $100.35 million, up from 2.20M at the end of the previous reported quarter. Taiwan Semiconductor has $187.49B MC. The stock decreased 1.23% or $0.45 during the last trading session, touching $36.01.Currently Taiwan Semiconductor Manufacturing Company Limited is uptrending after 10.49% change in last June 27, 2017. TSM has also 3.53M shares volume. The stock underperformed the S&P500 by 2.08%.

About $7.06B and $20.10 billion US Long portfolio Aperio Group Llc manages. It reduced its stake in Citigroup Inc (NYSE:C) by 70,976 shares to 1.47 million shares, valued at $99.29M in 2018Q1, according to the filing. For a total of 3.79M shares it reduced its holding in Intel Corp Com (NASDAQ:INTC) by 173,747 shares in the quarter, and has cut its stake in Baxter Intl Inc (NYSE:BAX).

A couple more Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were released by: Investorplace.com which released on June 27, 2018 “After Some Bumps, It’s Clear Sailing Ahead for AMD Stock Now”, also Seekingalpha.com on June 22, 2018 released “TSMC starts 7nm commercial production”, the next Fool.com is “Qualcomm, Inc. to Tap TSMC for 7-Nano Chip Production” on June 25, 2018. Seekingalpha.com has article titled “TSMC -2.6% on soft May revenue”.

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

Total analysts of 3 have positions in Taiwan Semiconductor (NYSE:TSM) as follows: 2 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 67%. The firm has $39.0 highest while $3600 is the lowest target. The average target $36 is -0.03% below the last ($36.01) price. Since January 16, 2018 according to StockzIntelligence Inc Taiwan Semiconductor has 5 analyst reports. On Tuesday, January 16 the company was upgraded by HSBC. On Tuesday, March 13 the rating was maintained by Susquehanna with “Hold”. On Monday, January 22 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Buy” rating given by Goldman Sachs. On Thursday, April 19 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Hold” rating given by Susquehanna. On Thursday, January 18 the firm earned “Hold” rating by Susquehanna.

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

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