Taiwan Semiconductor Manufacturing Company Limited (TSM)- Stocks Difficult to Chew Analyst Recom

Doris Richards
March 14, 2018

Want to see what other hedge funds are holding TSM? The stock traded on impressive volume of 9.22 Million comparing to the average volume of 6727.50 shares, completing picture of exact trends with uncompleted dots in volume over the norm. Pzena Investment Management LLC now owns 600,277 shares of the semiconductor company's stock valued at $23,801,000 after buying an additional 64,319 shares in the last quarter. General Cable Corporation (BGC) has risen 13.14% since February 21, 2017 and is uptrending. It has underperformed by 70.79% the S&P500.

Clear Harbor Asset Management Llc decreased its stake in Taiwan Semiconductor Mfg Ltd (TSM) by 8.87% based on its latest 2017Q3 regulatory filing with the SEC. The firm owned 14,869 shares of the semiconductor company's stock after buying an additional 1,193 shares during the period. The institutional investor held 254,926 shares of the semiconductors company at the end of 2017Q3, valued at $9.57M, down from 279,745 at the end of the previous reported quarter. Maplelane Capital Llc who had been investing in Taiwan Semiconductor Mfg Ltd (Put) for a number of months, seems to be bullish on the $202.43B market cap company. TSM has diverse figures for different time frames; starting from week's performance dropped 1.20% in last five regular trading sessions. At one point in the past year, the shares traded as low as $59.57 but has recovered 175.07% since then. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 51.40% since March 13, 2017 and is uptrending. It has outperformed by 34.70% the S&P500.

Short interest is another tool that analysts use to gauge investor sentiment. Its up 0.67, from 0.33 in 2017Q2. It is negative, as 36 investors sold Fossil Group, Inc. shares while 33 reduced holdings. (NYSE:TSM) opened at $43.74 on Wednesday.

Among new and sold out positions, 87 holders initiated new positions by a total of 6.42 million shares and 40 holders exited their positions by a total of 4.66 million shares. (NYSE:YELP) for 52,095 shares. Pub Employees Retirement Association Of Colorado owns 8,461 shares. Jacobs Levy Equity Mgmt Incorporated invested in 119,700 shares or 0.02% of the stock. (NYSE:YELP). Criterion Capital Mngmt Ltd Com accumulated 3.53% or 1.92 million shares. Proxima Capital Management Llc owns 348,500 shares or 3.67% of their USA portfolio. (NYSE:YELP) for 32,580 shares. (NYSE:YELP). Cubist Systematic Strategies Ltd Llc reported 0.04% of its portfolio in Yelp Inc.

When we look at the Analyst Recommendations of the stock, the company has 2.5 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 47% are positive. Restoration Hardware Holdings had 95 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Yelp Inc. The stock of RH (NYSE:RH) earned "Hold" rating by Deutsche Bank on Friday, July 21. (NYSE:YELP) earned "Buy" rating by SunTrust on Thursday, October 26. Goldman Sachs reinitiated Yelp Inc. The rating was maintained by Telsey Advisory Group on Friday, October 16 with "Outperform". The firm has "Buy" rating by Deutsche Bank given on Thursday, February 4. The firm has "Sector Weight" rating by Pacific Crest given on Friday, October 14.

Several equities research analysts recently weighed in on the company.

Since December 13, 2017, it had 0 insider buys, and 1 sale for $2.19 million activity. 6,000 shares valued at $237,708 were sold by Donaker Geoffrey L on Tuesday, February 13. Wilson Laurence also sold $1.10M worth of Yelp Inc. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $42.00 price target (up from $40.00) on shares of Taiwan Semiconductor Mfg.in a research note on Tuesday, February 13th. Therefore 50% are positive.

Taiwan Semiconductor Manufacturing Company Limited's Average Earnings Estimate for the current quarter is $0.59, according to consensus of 3 analysts. The stock has "Neutral" rating by Goldman Sachs on Tuesday, June 28. Below is a list of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) latest ratings and price target changes. Finally, Zacks Investment Research downgraded Taiwan Semiconductor Mfg. from a "buy" rating to a "hold" rating in a report on Thursday, January 25th. The rating was maintained by KeyBanc Capital Markets with "Hold" on Wednesday, September 6. Morgan Stanley downgraded Taiwan Semiconductor Mfg. from an "overweight" rating to an "equal weight" rating in a report on Monday, November 27th.

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