B. Metzler seel. Sohn & Co. Holding AG Invests $65.68 Million in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 378,166 shares of the semiconductor company's stock, valued at approximately $65,676,000.

Several other hedge funds have also recently made changes to their positions in TSM. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at about $25,000. Reston Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $25,000. Olistico Wealth LLC bought a new position in Taiwan Semiconductor Manufacturing in the second quarter worth approximately $27,000. Valley Wealth Managers Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $27,000. Finally, NewSquare Capital LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $29,000. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Up 1.2 %

TSM traded up $2.24 during mid-day trading on Tuesday, reaching $189.72. 9,378,063 shares of the stock were exchanged, compared to its average volume of 15,381,257. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $95.25 and a 1 year high of $212.60. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The stock has a market capitalization of $983.97 billion, a PE ratio of 30.29, a price-to-earnings-growth ratio of 0.87 and a beta of 1.12. The company has a 50 day moving average price of $186.28 and a two-hundred day moving average price of $172.79.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.20. The business had revenue of $23.50 billion for the quarter, compared to analysts' expectations of $22.72 billion. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. As a group, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.84 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.16%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 31.57%.

Analyst Ratings Changes

TSM has been the topic of a number of recent research reports. Susquehanna reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Sunday. Needham & Company LLC reissued a "buy" rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Finally, Barclays raised their price target on shares of Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an "overweight" rating in a research report on Monday. Two 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, the company has a consensus rating of "Moderate Buy" and a consensus target price of $214.00.

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.