Shareholder Harding Loevner LP Increased Taiwan Semiconductor Mfg LTD (TSM) Stake

June 29, 2018 - By Rebecca Betts

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

According to 2018Q1 Securities and Exchange filling the Harding Loevner Lp upped its holdings in Taiwan Semiconductor Mfg Ltd (TSM) by 32.35%. The company’s stock sank 11.51% while Harding Loevner Lp bought 5.94M shares. The semiconductors company announced $1.04B value for the 2018Q1. Now the hedge fund is holding 24.28M shares, compared to the 18.35 million from the previous quarter. $190.82 billion is the market cap of Taiwan Semiconductor Mfg Ltd. TSM is reaching $36.65 during the last trading session, after increased 1.98%.Taiwan Semiconductor Manufacturing Company Limited has volume of 3.20M shares. Since June 29, 2017 TSM has risen 10.49% and is uptrending. The stock underperformed the S&P 500 by 2.08%.

Harding Loevner Lp operates about $36.30 billion and $19.24 billion US Long portfolio. It reduced its stake in Svb Finl Group (NASDAQ:SIVB) by 580,580 shares to 923,675 shares, valued at $221.56 million in 2018Q1, according to the filing. For a total of 2.92 million shares it reduced its holding in Nike Inc (NYSE:NKE) by 2.37 million shares in the quarter, and has cut its stake in Pricesmart Inc (NASDAQ:PSMT).

For more Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news brought out recently go to: Fool.com, Seekingalpha.com, Gurufocus.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Qualcomm, Inc. to Tap TSMC for 7-Nano Chip Production” brought out on June 25, 2018, “TSMC -2.6% on soft May revenue” on June 08, 2018, “Proposed Restrictions on Technology Transfers to China Leaves Some Tech Companies in Limbo” with a publish date: June 28, 2018, “After Some Bumps, It’s Clear Sailing Ahead for AMD Stock Now” and the last “TSMC starts 7nm commercial production” with publication date: June 22, 2018.

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

In total 3 analysts cover Taiwan Semiconductor (NYSE:TSM). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. (NYSE:TSM) has 67% bullish analysts. 5 are the (NYSE:TSM)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Buy” rating given by HSBC. On Monday, January 22 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Buy” rating given by Goldman Sachs. On Thursday, January 18 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) earned “Hold” rating by Susquehanna. On Tuesday, March 13 Susquehanna maintained the shares of TSM in report with “Hold” rating. On Thursday, April 19 Susquehanna maintained the shares of TSM in report with “Hold” rating.

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

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