Taiwan Semiconductor Mfg LTD (TSM) Shareholder Origin Asset Management Llp Cut Holding by $3.12 Million as Shares Rose

April 22, 2018 - By Marie Mckinney

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Origin Asset Management Llp decreased its stake in Taiwan Semiconductor Mfg Ltd (TSM) by 4.82% based on its latest 2017Q4 regulatory filing with the SEC. Origin Asset Management Llp sold 80,000 shares as the company’s stock rose 9.24% while stock markets declined. The institutional investor held 1.58 million shares of the semiconductors company at the end of 2017Q4, valued at $62.63 million, down from 1.66M at the end of the previous reported quarter. Origin Asset Management Llp who had been investing in Taiwan Semiconductor Mfg Ltd for a number of months, seems to be less bullish one the $198.54 billion market cap company. The stock decreased 1.47% or $0.58 during the last trading session, reaching $38.95. About 15.31M shares traded or 99.54% up from the average. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 30.51% since April 22, 2017 and is uptrending. It has outperformed by 18.96% the S&P500.

Origin Asset Management Llp, which manages about $2.70B and $1.75 billion US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 116,800 shares to 279,630 shares, valued at $47.32 million in 2017Q4, according to the filing. It also increased its holding in Pilgrims Pride Corp New (NASDAQ:PPC) by 144,600 shares in the quarter, for a total of 849,100 shares, and has risen its stake in Cigna Corporation (NYSE:CI).

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

Among 4 analysts covering Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Taiwan Semiconductor Manufacturing Company Ltd. had 6 analyst reports since November 27, 2017 according to SRatingsIntel. Susquehanna maintained Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on Thursday, January 18 with “Hold” rating. As per Monday, January 22, the company rating was upgraded by Goldman Sachs. The rating was maintained by Susquehanna with “Hold” on Thursday, April 19. The rating was maintained by Susquehanna with “Hold” on Tuesday, March 13. The firm has “Equal-Weight” rating given on Monday, November 27 by Morgan Stanley. HSBC upgraded Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on Tuesday, January 16 to “Buy” rating.

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

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