Calamos Wealth Management LLC Makes New $223,000 Investment in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

Calamos Wealth Management LLC purchased a new position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,842 shares of the semiconductor company’s stock, valued at approximately $223,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. NumerixS Investment Technologies Inc bought a new stake in shares of Taiwan Semiconductor Mfg. in the 2nd quarter valued at about $208,000. Silvercrest Asset Management Group LLC raised its holdings in shares of Taiwan Semiconductor Mfg. by 6.8% in the 2nd quarter. Silvercrest Asset Management Group LLC now owns 167,387 shares of the semiconductor company’s stock valued at $6,557,000 after purchasing an additional 10,688 shares during the period. Invesco Ltd. raised its holdings in shares of Taiwan Semiconductor Mfg. by 15.2% in the 2nd quarter. Invesco Ltd. now owns 9,565,145 shares of the semiconductor company’s stock valued at $374,666,000 after purchasing an additional 1,262,338 shares during the period. Mackenzie Financial Corp raised its holdings in shares of Taiwan Semiconductor Mfg. by 152.3% in the 2nd quarter. Mackenzie Financial Corp now owns 571,677 shares of the semiconductor company’s stock valued at $22,393,000 after purchasing an additional 345,117 shares during the period. Finally, Wafra Inc. raised its holdings in shares of Taiwan Semiconductor Mfg. by 15.9% in the 2nd quarter. Wafra Inc. now owns 50,635 shares of the semiconductor company’s stock valued at $1,983,000 after purchasing an additional 6,947 shares during the period. 19.21% of the stock is owned by institutional investors and hedge funds.

TSM has been the topic of a number of research analyst reports. Goldman Sachs Group reaffirmed a “buy” rating and issued a $55.00 target price on shares of Taiwan Semiconductor Mfg. in a report on Monday, September 30th. ValuEngine cut shares of Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Friday, January 10th. Finally, China Renaissance Securities raised shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Tuesday, December 17th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $60.00.

Taiwan Semiconductor Mfg. stock opened at $58.39 on Thursday. The stock has a market cap of $305.25 billion, a P/E ratio of 26.07, a P/E/G ratio of 1.74 and a beta of 1.01. The company has a quick ratio of 1.52, a current ratio of 1.72 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $34.83 and a twelve month high of $60.64. The company’s 50-day moving average price is $57.13 and its two-hundred day moving average price is $48.56.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $0.62 earnings per share for the quarter. The firm had revenue of $9.40 billion for the quarter. Taiwan Semiconductor Mfg. had a net margin of 31.58% and a return on equity of 20.05%. Equities analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.18 earnings per share for the current fiscal year.

Taiwan Semiconductor Mfg. Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

Recommended Story: What is the market perform rating?

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM).

Institutional Ownership by Quarter for Taiwan Semiconductor Mfg. (NYSE:TSM)

Receive News & Ratings for Taiwan Semiconductor Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Mfg. and related companies with MarketBeat.com's FREE daily email newsletter.