Baader Bank Aktiengesellschaft lowered its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 24.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 18,829 shares of the semiconductor company's stock after selling 6,143 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in Taiwan Semiconductor Manufacturing were worth $3,708,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Mount Yale Investment Advisors LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 4.3% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company's stock worth $7,052,000 after acquiring an additional 1,476 shares in the last quarter. Private Client Services LLC bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at approximately $201,000. YHB Investment Advisors Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 6.9% in the 4th quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company's stock worth $7,954,000 after purchasing an additional 2,604 shares in the last quarter. Matthews International Capital Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 23.3% in the 4th quarter. Matthews International Capital Management LLC now owns 195,243 shares of the semiconductor company's stock worth $38,559,000 after purchasing an additional 36,845 shares in the last quarter. Finally, Trust Co of the South increased its holdings in shares of Taiwan Semiconductor Manufacturing by 232.8% in the 4th quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company's stock worth $1,752,000 after purchasing an additional 6,204 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.
Taiwan Semiconductor Manufacturing Trading Up 3.1 %
Shares of NYSE:TSM traded up $6.30 during trading hours on Thursday, hitting $208.63. 10,179,011 shares of the company's stock traded hands, compared to its average volume of 20,336,199. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $112.61 and a 1 year high of $226.40. The business has a fifty day moving average price of $201.70 and a 200-day moving average price of $186.00. The firm has a market capitalization of $1.08 trillion, a P/E ratio of 29.62, a price-to-earnings-growth 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 announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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%. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.
Taiwan Semiconductor Manufacturing Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a $0.5484 dividend. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.05%. Taiwan Semiconductor Manufacturing's payout ratio is presently 27.27%.
Analyst Ratings Changes
TSM has been the topic of a number of research reports. Susquehanna restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Needham & Company LLC reissued a "buy" rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday. Finally, Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Moderate Buy" and an average price target of $220.00.
Get Our Latest Analysis on TSM
About Taiwan Semiconductor Manufacturing
(
Free Report)
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.
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