As Taiwan Semiconductor Mfg LTD (TSM) Stock Declined, Td Asset Management Decreased Its Holding; Sun Life Finl (SLF) Position Upped by Jones Collombin Investment Counsel Inc

June 14, 2018 - By Nellie Frank

Sun Life Financial Inc. (NYSE:SLF) Logo

Jones Collombin Investment Counsel Inc increased its stake in Sun Life Finl Inc (SLF) by 1226.14% based on its latest 2018Q1 regulatory filing with the SEC. Jones Collombin Investment Counsel Inc bought 33,118 shares as the company’s stock declined 0.82% with the market. The institutional investor held 35,819 shares of the life insurance company at the end of 2018Q1, valued at $1.47M, up from 2,701 at the end of the previous reported quarter. Jones Collombin Investment Counsel Inc who had been investing in Sun Life Finl Inc for a number of months, seems to be bullish on the $25.51B market cap company. The stock decreased 1.00% or $0.42 during the last trading session, reaching $41.75. About 203,854 shares traded. Sun Life Financial Inc. (NYSE:SLF) has risen 28.61% since June 14, 2017 and is uptrending. It has outperformed by 16.04% the S&P500. Some Historical SLF News: 25/04/2018 – Sun Life Plots Private Debt Growth Via Acquisition This Year; 08/03/2018 – FITCH AFFIRMS SUN LIFE FINANCIAL’S RATINGS; OUTLOOK POSITIVE; 03/04/2018 – SUN LIFE FINANCIAL INC – THERE ARE NO CHANGES TO SLF INTERNATIONAL OPERATIONS, PRODUCTS OR SERVICES RESULTING FROM ANNOUNCEMENT; 02/04/2018 – PBOC SAYS 1-MONTH SLF OFFERED AT 3.9%; 02/04/2018 – PBOC OFFERED 54.1B YUAN OF SLF IN MARCH; 02/04/2018 – CHINA C.BANK: LENT 21.72 BLN YUAN FOR 7-DAY PERIOD VIA SLF IN MARCH; 02/04/2018 – PBOC SAYS 7-DAY SLF OFFERED AT 3.55%; 19/04/2018 – Sun Life Building Makes History on Its 100th Anniversary Earning the First Ever BOMA BEST Platinum Certification for a; 09/05/2018 – KC Royals pitcher Brad Keller closes Sun Life Home Run to Health youth fitness program with free game tickets for kids; 02/04/2018 – PBOC END-MARCH OUTSTANDING SLF 48.2B YUAN

Td Asset Management Inc decreased its stake in Taiwan Semiconductor Mfg Ltd (TSM) by 0.91% based on its latest 2018Q1 regulatory filing with the SEC. Td Asset Management Inc sold 18,835 shares as the company’s stock declined 11.51% with the market. The institutional investor held 2.06 million shares of the semiconductors company at the end of 2018Q1, valued at $90.15 million, down from 2.08M at the end of the previous reported quarter. Td Asset Management Inc who had been investing in Taiwan Semiconductor Mfg Ltd for a number of months, seems to be less bullish one the $197.02B market cap company. The stock decreased 0.49% or $0.19 during the last trading session, reaching $38.86. About 4.83 million shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 10.49% since June 14, 2017 and is uptrending. It has underperformed by 2.08% the S&P500. Some Historical TSM News: 10/04/2018 – Taiwan Semiconductor Manufacturing Mar Rev NT$103.70B; 09/04/2018 – ASML: Arms Dealer in Epic Battle of Taiwan Semi vs. Samsung, Says Credit Suisse — Barron’s Blog; 24/04/2018 – MEDIA ALERT: Silvaco to Exhibit at TSMC North America Symposium; 26/03/2018 – TSMC AT FULL CAPACITY AS ANDROID CHIP DEMAND RISES: COMM. TIMES; 19/04/2018 – TSMC 2330.TW SAYS IT ORDERS EQUIPMENT FOR T$650 MLN; 08/05/2018 – TSMC 2330.TW TSM.N SAYS IT ORDERS MACHINERY EQUIPMENT WORTH T$4.0 BLN; 10/05/2018 – TSMC SAYS APRIL SALES +44.0 PCT ON YEAR; 26/04/2018 – TSMC SAYS UNIT ORDERS EQUIPMENT FOR T$1.9 BLN; 10/05/2018 – TSMC 2330.TW TSM.N SAYS ORDERS MACHINERY EQUIPMENT WORTH T$2.4 BLN; 02/04/2018 – ADRs End Lower; Alibaba, ArcelorMittal and Taiwan Semiconductor Manufacturing Trade Actively

Another recent and important Sun Life Financial Inc. (NYSE:SLF) news was published by Fool.ca which published an article titled: “TFSA Investors: 2 Stocks to Start a Canadian Dividend Portfolio” on May 30, 2018.

Jones Collombin Investment Counsel Inc, which manages about $301.74M US Long portfolio, decreased its stake in Canadian Natl Ry Co (NYSE:CNI) by 26,465 shares to 52,965 shares, valued at $3.87M in 2018Q1, according to the filing. It also reduced its holding in Transcanada Corp (NYSE:TRP) by 53,620 shares in the quarter, leaving it with 177,222 shares, and cut its stake in Alphabet Inc.

Among 12 analysts covering Sun Life Financial Inc. (NYSE:SLF), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Sun Life Financial Inc. had 26 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Sun Life Financial Inc. (NYSE:SLF) earned “Outperform” rating by RBC Capital Markets on Friday, November 6. The firm has “Buy” rating given on Wednesday, December 23 by Argus Research. The stock has “Outperform” rating by Credit Suisse on Thursday, August 6. On Monday, September 21 the stock rating was upgraded by Bank of America to “Buy”. The rating was upgraded by RBC Capital Markets on Wednesday, June 7 to “Outperform”. Barclays Capital maintained Sun Life Financial Inc. (NYSE:SLF) on Monday, March 7 with “Overweight” rating. On Friday, December 23 the stock rating was downgraded by Argus Research to “Hold”. BMO Capital Markets upgraded it to “Buy” rating and $61.0 target in Friday, February 16 report. Macquarie Research upgraded Sun Life Financial Inc. (NYSE:SLF) on Thursday, September 10 to “Outperform” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, September 11 report.

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. Susquehanna maintained the stock with “Hold” rating in Tuesday, March 13 report. Susquehanna maintained the stock with “Hold” rating in Thursday, April 19 report. The rating was upgraded by Susquehanna to “Neutral” on Tuesday, October 4. The rating was upgraded by HSBC to “Buy” on Tuesday, January 16. The company was maintained on Thursday, January 18 by Susquehanna. The stock has “Hold” rating by HSBC on Thursday, October 13. As per Monday, November 27, the company rating was downgraded by Morgan Stanley. The stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, September 6. The rating was upgraded by Pacific Crest to “Sector Weight” on Friday, October 14. J.P. Morgan upgraded the stock to “Buy” rating in Tuesday, October 10 report.

Analysts await Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to report earnings on July, 12. They expect $0.45 EPS, up 7.14% or $0.03 from last year’s $0.42 per share. TSM’s profit will be $2.28B for 21.59 P/E if the $0.45 EPS becomes a reality. After $0.59 actual EPS reported by Taiwan Semiconductor Manufacturing Company Limited for the previous quarter, Wall Street now forecasts -23.73% negative EPS growth.

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

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By1 Nellie Frank

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