As Taiwan Semiconductor Mfg LTD (TSM) Shares Declined, Shareholder Harding Loevner LP Increased Stake

June 29, 2018 - By Georgina Andrews

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

In 2018Q1 SEC form is reported Harding Loevner Lp’s holdings in Taiwan Semiconductor Mfg Ltd (TSM) which was upped by 32.35%. The company’s stock sank 11.51% while Harding Loevner Lp bought 5.94M shares. The semiconductors company at the end of 2018Q1 was priced at $1.04B. It’s up from 18.35 million at the end of the previous reported quarter. Now it had 24.28 million shares held by the hedge fund . $190.82B is the market cap of Taiwan Semiconductor Mfg Ltd. Ticker’s shares touched $36.65 during the last trading session after 1.98% change.Taiwan Semiconductor Manufacturing Company Limited has volume of 3.20 million shares. Since June 29, 2017 TSM has risen 10.49% and is uptrending. TSM underperformed by 2.08% the S&P500.

About $36.30B and $19.24B US Long portfolio Harding Loevner Lp manages. It decreased its stake in Cnooc Ltd (NYSE:CEO) by 47,980 shares to 2.09 million shares, valued at $308.80 million in 2018Q1, according to the filing. For a total of 122,511 shares it reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 3,101 shares in the quarter, and has cut its stake in Vanguard Intl Equity Index F (VEU).

For more Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news brought out recently go to: Nasdaq.com, Gurufocus.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “After Some Bumps, It’s Clear Sailing Ahead for AMD Stock Now” brought out on June 27, 2018, “Proposed Restrictions on Technology Transfers to China Leaves Some Tech Companies in Limbo” on June 28, 2018, “TSMC -2.6% on soft May revenue” with a publish date: June 08, 2018, “Qualcomm, Inc. to Tap TSMC for 7-Nano Chip Production” 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 Thursday, April 19 Susquehanna maintained the shares of TSM in report with “Hold” rating. On Tuesday, March 13 Susquehanna maintained the shares of TSM in report with “Hold” rating. On Thursday, January 18 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Hold” rating given by Susquehanna. On Tuesday, January 16 the company was upgraded by HSBC. On Monday, January 22 the stock has “Buy” rating by Goldman Sachs.

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

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