As Taiwan Semiconductor Mfg LTD (TSM) Market Valuation Declined, Myriad Asset Management LTD Increased Position by $20.92 Million; Birmingham Capital Management Co Trimmed Its Position in Honda Motor Adr New (HMC) by $342,750 as Share Value Declined

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Myriad Asset Management Ltd increased its stake in Taiwan Semiconductor Mfg Ltd (TSM) by 118.86% based on its latest 2018Q3 regulatory filing with the SEC. Myriad Asset Management Ltd bought 475,440 shares as the company’s stock declined 18.35% with the market. The institutional investor held 875,440 shares of the semiconductors company at the end of 2018Q3, valued at $38.66 million, up from 400,000 at the end of the previous reported quarter. Myriad Asset Management Ltd who had been investing in Taiwan Semiconductor Mfg Ltd for a number of months, seems to be bullish on the $187.07B market cap company. The stock increased 1.47% or $0.52 during the last trading session, reaching $36.13. About 3.83 million shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has declined 6.61% since January 10, 2018 and is downtrending. It has underperformed by 6.61% the S&P500. Some Historical TSM News: 23/04/2018 – DigiTimes: TSMC may post record profits for 2018 on 7nm volume production; 25/04/2018 – China’s upstart chip companies aim to topple Samsung, Intel and TSMC; 20/04/2018 – TSMC 2330.TW TSM.N SAYS APPROVED NINE CANDIDATES FOR BOARD OF DIRECTORS; 19/04/2018 – TSMC 2330.TW TSM.N SAYS EXPECTS HPC SEGMENT TO GROW BY CLOSE TO 40 PCT IN NEXT 5 YRS VS LAST YEAR’S FORECAST OF 25 PCT; 19/04/2018 – Taiwan Semiconductor Manufacturing (TMSC) said Thursday it expects second-quarter revenue to range between $7.8 billion and $7.9 billion, well below expectations; 19/04/2018 – Taiex Opens Down 1.6%; TSMC Slides 6% After Warning; 29/03/2018 – TSMC 2330.TW TSM.N SAYS IT ORDERS MACHINERY EQUIPMENT WORTH T$304 MLN; 27/04/2018 – TSMC to invest $14 billion in R&D at Hsinchu facility; 09/04/2018 – Brightwire: TSMC to cut 1 seat in board of directors after Morris Chang retires in June; 10/05/2018 – TSMC 2330.TW TSM.N SAYS ORDERS MACHINERY EQUIPMENT WORTH T$2.4 BLN

Birmingham Capital Management Co Inc decreased its stake in Honda Motor Adr New (HMC) by 56.59% based on its latest 2018Q3 regulatory filing with the SEC. Birmingham Capital Management Co Inc sold 11,425 shares as the company’s stock declined 6.20% with the market. The institutional investor held 8,765 shares of the capital goods company at the end of 2018Q3, valued at $264,000, down from 20,190 at the end of the previous reported quarter. Birmingham Capital Management Co Inc who had been investing in Honda Motor Adr New for a number of months, seems to be less bullish one the $51.01B market cap company. The stock increased 0.07% or $0.02 during the last trading session, reaching $28.72. About 246,131 shares traded. Honda Motor Co., Ltd. (NYSE:HMC) has declined 19.64% since January 10, 2018 and is downtrending. It has underperformed by 19.64% the S&P500. Some Historical HMC News: 19/04/2018 – Pickup Truck Market in the US 2018-2022 – Key Vendors are Fiat Chrysler, Ford, General Motors, Honda, Nissan & Toyota – ResearchAndMarkets.com; 27/04/2018 – TABLE-Honda Motor 7267.T -2017/18 parent results; 17/04/2018 – China to open auto market as trade tensions simmer; 03/04/2018 – HONDA SAYS MARCH CHINA VEHICLE SALES -13 PCT Y/Y, VS -5.9 PCT IN FEB; 18/04/2018 – Japan holds a leading position in the development of humanoid robots, with machines like Honda’s Asimo; 29/03/2018 – FinancialExpress: Exclusive: Jnaneswar Sen resigns from Honda Cars India: Major management changes underway; 27/04/2018 – Honda Motor FY Oper Pft Y833.56B Vs Pft Y840.71B; 27/04/2018 – Honda Motor FY Net Y1.06T Vs Net Y616.57B; 10/05/2018 – TABLE-Honda Tsushin Kogyo 6826.T -2017/18 group results; 24/05/2018 – CANADA’S TRUDEAU: POSSIBLE U.S. AUTO TARIFFS ARE CLEARLY LINKED TO NAFTA TALKS, SAYS CANNOT SEE LINK BETWEEN AUTO TARIFFS, NATIONAL SECURITY

Myriad Asset Management Ltd, which manages about $693.28M US Long portfolio, decreased its stake in Allegheny Technologies Inc (Prn) by 1.00 million shares to 19.00 million shares, valued at $41.21M in 2018Q3, according to the filing. It also reduced its holding in Cleveland Cliffs Inc (Prn) by 5.00M shares in the quarter, leaving it with 4.50 million shares, and cut its stake in Insulet Corp (Prn).

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Taiwan Semiconductor Manufacturing had 19 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has “Hold” rating given on Wednesday, September 6 by KeyBanc Capital Markets. Susquehanna maintained the stock with “Hold” rating in Tuesday, March 13 report. HSBC downgraded the stock to “Hold” rating in Thursday, October 13 report. The firm earned “Neutral” rating on Tuesday, June 28 by Goldman Sachs. The firm earned “Equal-Weight” rating on Monday, November 27 by Morgan Stanley. The rating was upgraded by Susquehanna on Monday, July 2 to “Positive”. As per Tuesday, January 16, the company rating was upgraded by HSBC. The stock has “Hold” rating by Susquehanna on Thursday, April 19. The rating was maintained by Susquehanna with “Hold” on Thursday, January 18. The stock has “Sector Weight” rating by Pacific Crest on Friday, October 14.

More notable recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Fool.com which released: “Does TSMC’s Slowdown Raise Red Flags for Chip Stocks? – Motley Fool” on July 26, 2018, also Fool.com with their article: “Taiwan Semiconductor Manufacturing Company Looks Set to Win IBM Chip Orders – Motley Fool” published on November 20, 2018, Seekingalpha.com published: “Taiwan Semiconductor Manufacturing: Still Looking Good For The Long Haul – Seeking Alpha” on October 22, 2018. More interesting news about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) were released by: Fool.com and their article: “Better Buy: TSMC vs. Qualcomm, Inc. – Motley Fool” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “Taiwan Semiconductor Manufacturing Company Ltd. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” with publication date: October 18, 2018.

Analysts await Honda Motor Co., Ltd. (NYSE:HMC) to report earnings on February, 1. They expect $0.85 EPS, down 23.42% or $0.26 from last year’s $1.11 per share. HMC’s profit will be $1.51 billion for 8.45 P/E if the $0.85 EPS becomes a reality. After $1.07 actual EPS reported by Honda Motor Co., Ltd. for the previous quarter, Wall Street now forecasts -20.56% negative EPS growth.

Among 10 analysts covering Honda Motor Co (NYSE:HMC), 2 have Buy rating, 5 Sell and 3 Hold. Therefore 20% are positive. Honda Motor Co had 24 analyst reports since August 27, 2015 according to SRatingsIntel. As per Thursday, December 1, the company rating was downgraded by Macquarie Research. Jefferies maintained it with “Buy” rating and $36.36 target in Thursday, October 12 report. Jefferies maintained the stock with “Buy” rating in Tuesday, July 4 report. The firm earned “Neutral” rating on Tuesday, December 22 by Susquehanna. On Thursday, August 27 the stock rating was downgraded by Zacks to “Buy”. The firm has “Neutral” rating given on Monday, June 4 by Goldman Sachs. The rating was downgraded by UBS to “Sell” on Friday, May 27. Jefferies maintained Honda Motor Co., Ltd. (NYSE:HMC) on Friday, November 10 with “Buy” rating. The firm has “Buy” rating given on Friday, May 13 by Jefferies. Jefferies maintained the shares of HMC in report on Wednesday, April 11 with “Buy” rating.

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