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West Face Capital Has Lowered Phi (PHIIK) Holding by $3.22 Million as Shares Declined; Horseman Capital Management LTD Has Lifted Taiwan Semiconductor Manufacturing Co LTD (TSM) Position by $390,000 as Valuation Rose

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John Horseman increased its stake in Taiwan Semiconductor Manufacturing Co Ltd (TSM) by 33.33% based on its latest 2017Q4 regulatory filing with the SEC. Horseman Capital Management Ltd bought 10,000 shares as the company’s stock rose 9.24% while stock markets declined. The hedge fund run by John Horseman held 40,000 shares of the semiconductors company at the end of 2017Q4, valued at $1.59M, up from 30,000 at the end of the previous reported quarter. Horseman Capital Management Ltd who had been investing in Taiwan Semiconductor Manufacturing Co Ltd for a number of months, seems to be bullish on the $198.45 billion market cap company. The stock decreased 2.04% or $0.81 during the last trading session, reaching $38.98. About 4.35M shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 30.51% since May 17, 2017 and is uptrending. It has outperformed by 18.96% the S&P500.

Greg Boland decreased its stake in Phi Inc (PHIIK) by 10.02% based on its latest 2017Q4 regulatory filing with the SEC. West Face Capital Inc sold 293,064 shares as the company’s stock declined 13.71% with the market. The hedge fund run by Greg Boland held 2.63 million shares of the transportation company at the end of 2017Q4, valued at $30.46M, down from 2.93M at the end of the previous reported quarter. West Face Capital Inc who had been investing in Phi Inc for a number of months, seems to be less bullish one the $201.68M market cap company. The stock increased 2.02% or $0.25 during the last trading session, reaching $12.63. About 27,240 shares traded. PHI, Inc. (NASDAQ:PHIIK) has declined 19.51% since May 17, 2017 and is downtrending. It has underperformed by 31.06% the S&P500.

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Taiwan Semiconductor Manufacturing had 17 analyst reports since August 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Monday, January 22. J.P. Morgan upgraded the shares of TSM in report on Tuesday, October 10 to “Buy” rating. Goldman Sachs downgraded the stock to “Neutral” rating in Tuesday, June 28 report. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) earned “Buy” rating by HSBC on Tuesday, January 16. The firm has “Hold” rating by Susquehanna given on Tuesday, March 13. The rating was downgraded by HSBC on Thursday, October 13 to “Hold”. On Thursday, January 18 the stock rating was maintained by Susquehanna with “Hold”. The stock has “Hold” rating by Susquehanna on Thursday, April 19. The rating was maintained by KeyBanc Capital Markets on Wednesday, September 6 with “Hold”. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) earned “Outperform” rating by Credit Suisse on Friday, December 11.

More notable recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Fool.com which released: “Better Buy: TSMC vs. Qualcomm, Inc.” on May 14, 2018, also Fool.com with their article: “Why TSMC Is a Top Stock to Buy in May” published on May 11, 2018, Benzinga.com published: “Brian Kelly Introduces An Active Blockchain ETF” on May 17, 2018. More interesting news about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) were released by: Benzinga.com and their article: “Today In Cryptocurrency: Circle Raises $110 Million, Blockchain ETF Launches” published on May 16, 2018 as well as Streetinsider.com‘s news article titled: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)” with publication date: May 15, 2018.

Horseman Capital Management Ltd, which manages about $475.05 million US Long portfolio, decreased its stake in Star Bulk Carriers Corp by 31,900 shares to 922,700 shares, valued at $10.39 million in 2017Q4, according to the filing. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 10,000 shares in the quarter, leaving it with 108,100 shares, and cut its stake in Century Aluminum Co (NASDAQ:CENX).

PHI, Inc. (NASDAQ:PHIIK) Institutional Positions Chart

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