Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Dundas Partners LLP

Dundas Partners LLP cut its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 289,171 shares of the semiconductor company's stock after selling 14,393 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 4.0% of Dundas Partners LLP's portfolio, making the stock its 6th largest holding. Dundas Partners LLP's holdings in Taiwan Semiconductor Manufacturing were worth $57,108,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of TSM. BOK Financial Private Wealth Inc. raised its stake in Taiwan Semiconductor Manufacturing by 22.8% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 479 shares of the semiconductor company's stock valued at $95,000 after purchasing an additional 89 shares during the last quarter. Argentarii LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $240,000. Jackson Hole Capital Partners LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 1.8% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 22,939 shares of the semiconductor company's stock valued at $4,530,000 after buying an additional 406 shares during the period. Personal CFO Solutions LLC boosted its position in Taiwan Semiconductor Manufacturing by 3.2% during the fourth quarter. Personal CFO Solutions LLC now owns 15,837 shares of the semiconductor company's stock worth $3,128,000 after acquiring an additional 496 shares during the last quarter. Finally, Amundi grew its stake in Taiwan Semiconductor Manufacturing by 1.5% in the 4th quarter. Amundi now owns 1,614,089 shares of the semiconductor company's stock worth $334,310,000 after acquiring an additional 23,813 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Trading Up 0.4 %

Shares of Taiwan Semiconductor Manufacturing stock traded up $0.73 during trading hours on Friday, reaching $176.58. The stock had a trading volume of 20,993,833 shares, compared to its average volume of 18,397,072. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $125.78 and a 1 year high of $226.40. The firm has a market capitalization of $915.80 billion, a price-to-earnings ratio of 25.08, a P/E/G ratio of 0.66 and a beta of 1.13. The firm has a 50 day simple moving average of $202.05 and a two-hundred day simple moving average of $191.90.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results 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%. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a yield of 1.55%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 30.68%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. StockNews.com lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 17th. 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 given a buy rating to the company's stock. According to MarketBeat, the stock currently 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.