Taiwan Semiconductor Mfg LTD (TSM) Shareholder Harding Loevner LP Increased Its Stake by $255.22 Million as Shares Declined

June 29, 2018 - By Heather Owens

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

The holdings In Taiwan Semiconductor Mfg Ltd (TSM) was rose held by Harding Loevner Lp. According to 2018Q1 Securities and Exchange form the decrease is 32.35%. 5.94 million shares were bought by Harding Loevner Lp as the company’s stock declined 11.51% with the market. At the end of 2018Q1, the 24.28M shares of the semiconductors company held by the hedge fund were valued at $1.04 billion, up from 18.35 million at the end of the previous reported quarter. $190.82B is Taiwan Semiconductor Mfg Ltd’s MC. The stock increased 1.98% or $0.71 during the last trading session, hitting $36.65.Currently Taiwan Semiconductor Manufacturing Company Limited is uptrending after 10.49% change in last June 29, 2017. TSM has 3.20M shares volume. The stock underperformed the S&P 500 by 2.08%.

A portfolio of $36.30 billion and $19.24B is managed by Harding Loevner Lp. As it’s issued in Securities and Exchange form the stake in Apple Inc (NASDAQ:AAPL) is reduced by 38,604 shares to 1.25M shares. They are valued at $209.81 million in 2018Q1. Harding Loevner Lp has cut its stake in Ipg Photonics Corp (NASDAQ:IPGP) and also reduced its holding in Paypal Hldgs Inc by 117,504 shares in the quarter, for a total of 5.78 million shares.

For more Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news announced recently go to: Fool.com, Seekingalpha.com, Nasdaq.com, Gurufocus.com or Seekingalpha.com. The titles are as follows: “Qualcomm, Inc. to Tap TSMC for 7-Nano Chip Production” announced on June 25, 2018, “TSMC starts 7nm commercial production” on June 22, 2018, “After Some Bumps, It’s Clear Sailing Ahead for AMD Stock Now” with a publish date: June 27, 2018, “Proposed Restrictions on Technology Transfers to China Leaves Some Tech Companies in Limbo” and the last “TSMC -2.6% on soft May revenue” with publication date: June 08, 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 the firm earned “Hold” rating by Susquehanna. In Thursday, January 18 report Susquehanna maintained the stock with “Hold” rating. On Tuesday, March 13 Susquehanna maintained Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) rating. Susquehanna has “Hold” rating and $39.0 target. On Tuesday, January 16 the rating was upgraded by HSBC to “Buy”. On Monday, January 22 the firm earned “Buy” rating by Goldman Sachs.

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

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