Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is Axiom Investors LLC DE's 7th Largest Position

Axiom Investors LLC DE boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 14.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,409,125 shares of the semiconductor company's stock after purchasing an additional 301,735 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 3.5% of Axiom Investors LLC DE's investment portfolio, making the stock its 7th biggest position. Axiom Investors LLC DE's holdings in Taiwan Semiconductor Manufacturing were worth $475,778,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 211.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 46,005 shares of the semiconductor company's stock worth $7,990,000 after purchasing an additional 31,231 shares during the period. Fiduciary Trust Co boosted its position in shares of Taiwan Semiconductor Manufacturing by 63.9% during the 3rd quarter. Fiduciary Trust Co now owns 4,157 shares of the semiconductor company's stock valued at $722,000 after purchasing an additional 1,621 shares in the last quarter. Tradition Wealth Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 63.6% during the third quarter. Tradition Wealth Management LLC now owns 3,553 shares of the semiconductor company's stock worth $617,000 after purchasing an additional 1,381 shares during the period. Semmax Financial Advisors Inc. increased its holdings in Taiwan Semiconductor Manufacturing by 11.5% in the third quarter. Semmax Financial Advisors Inc. now owns 23,165 shares of the semiconductor company's stock worth $4,442,000 after purchasing an additional 2,383 shares in the last quarter. Finally, Timber Creek Capital Management LLC lifted its stake in Taiwan Semiconductor Manufacturing by 0.7% in the third quarter. Timber Creek Capital Management LLC now owns 58,804 shares of the semiconductor company's stock valued at $10,212,000 after buying an additional 416 shares during the period. Institutional investors own 16.51% of the company's stock.

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Taiwan Semiconductor Manufacturing Stock Up 1.5 %

TSM traded up $2.46 during trading on Tuesday, hitting $168.46. 9,155,553 shares of the company's stock were exchanged, compared to its average volume of 15,283,402. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40. The stock has a market cap of $873.72 billion, a P/E ratio of 23.93, a PEG ratio of 0.66 and a beta of 1.13. The business's 50 day moving average is $191.44 and its two-hundred day moving average is $192.67. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping 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%. As a group, equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 annualized dividend and a yield of 1.63%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's dividend payout ratio is 30.68%.

Analysts Set New Price Targets

TSM has been the subject of several recent analyst reports. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, January 17th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $220.00.

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.