Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Allen Capital Group LLC

Allen Capital Group LLC raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,556 shares of the semiconductor company's stock after purchasing an additional 2,354 shares during the period. Allen Capital Group LLC's holdings in Taiwan Semiconductor Manufacturing were worth $7,417,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. FMR LLC lifted its position in Taiwan Semiconductor Manufacturing by 7.2% in the 3rd quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company's stock worth $9,721,138,000 after buying an additional 3,783,802 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.3% in the 3rd quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company's stock worth $4,995,984,000 after acquiring an additional 359,854 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Taiwan Semiconductor Manufacturing by 0.7% in the 3rd quarter. Van ECK Associates Corp now owns 18,289,993 shares of the semiconductor company's stock valued at $3,176,423,000 after purchasing an additional 122,828 shares in the last quarter. WCM Investment Management LLC raised its position in Taiwan Semiconductor Manufacturing by 14.1% in the 3rd quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company's stock worth $1,733,104,000 after purchasing an additional 1,206,359 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in Taiwan Semiconductor Manufacturing by 19.9% in the third quarter. Janus Henderson Group PLC now owns 6,485,854 shares of the semiconductor company's stock worth $1,126,420,000 after purchasing an additional 1,075,425 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TSM has been the topic of several analyst reports. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday. Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Susquehanna restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Finally, Needham & Company LLC reissued a "buy" rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 0.0 %

NYSE:TSM traded up $0.06 during mid-day trading on Wednesday, hitting $202.46. 15,053,345 shares of the company's stock were exchanged, compared to its average volume of 20,903,750. The business has a fifty day moving average price of $201.42 and a 200 day moving average price of $185.89. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $112.61 and a one year high of $226.40. The company has a market cap of $1.05 trillion, a PE ratio of 28.76, a P/E/G ratio of 0.74 and a beta of 1.07. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating analysts' consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Equities analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This represents a $2.19 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 31.11%.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.