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Parkwood LLC invested $23.53M in TSMC, boosting shares despite Hancock Whitney's reduction.
Parkwood LLC bought a $23.53 million stake in Taiwan Semiconductor Manufacturing (TSM), acquiring 141,717 shares, about 2.1% of its portfolio.
Despite Hancock Whitney Corp reducing its holdings by 4.7%, TSMC's shares rose 3.3% post-earnings, with a 44.4% revenue increase to $30.07 billion.
Analysts have a 'buy' rating with an average price target of $258.33.
TSMC's EPS is $2.47, and it announced a $3.34 annualized dividend.
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Parkwood LLC invirtió $23.53M en TSMC, aumentando las acciones a pesar de la reducción de Hancock Whitney.