B. Metzler seel. Sohn & Co. AG Lowers Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

B. Metzler seel. Sohn & Co. AG lessened its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 21.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 295,544 shares of the semiconductor company's stock after selling 82,622 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Taiwan Semiconductor Manufacturing were worth $58,566,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Summit Financial LLC grew its holdings in Taiwan Semiconductor Manufacturing by 34.4% during the 4th quarter. Summit Financial LLC now owns 37,582 shares of the semiconductor company's stock worth $7,440,000 after acquiring an additional 9,612 shares in the last quarter. Hoey Investments Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 328.8% during the 4th quarter. Hoey Investments Inc. now owns 1,758 shares of the semiconductor company's stock worth $347,000 after purchasing an additional 1,348 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Taiwan Semiconductor Manufacturing by 23.4% during the fourth quarter. Alliancebernstein L.P. now owns 6,742,256 shares of the semiconductor company's stock worth $1,331,528,000 after purchasing an additional 1,276,793 shares in the last quarter. Axiom Investors LLC DE increased its holdings in Taiwan Semiconductor Manufacturing by 14.3% in the fourth quarter. Axiom Investors LLC DE now owns 2,409,125 shares of the semiconductor company's stock valued at $475,778,000 after buying an additional 301,735 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 7.3% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 5,069 shares of the semiconductor company's stock worth $1,001,000 after buying an additional 347 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM traded down $10.03 on Thursday, reaching $160.36. The company's stock had a trading volume of 15,537,754 shares, compared to its average volume of 15,291,767. The stock has a market capitalization of $831.69 billion, a P/E ratio of 22.78, a PEG ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $125.78 and a 52-week high of $226.40. The stock's 50-day moving average is $189.38 and its two-hundred day moving average is $192.49. 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 results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a $0.6855 dividend. This represents a $2.74 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's payout ratio is currently 30.68%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. 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 report on Friday, January 17th. Finally, Needham & Company LLC restated a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Moderate Buy" and a consensus price target of $220.00.

About Taiwan Semiconductor Manufacturing

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.