Dymon Asia Capital Singapore PTE. LTD. Purchases New Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,850 shares of the semiconductor company's stock, valued at approximately $2,143,000. Taiwan Semiconductor Manufacturing makes up approximately 0.5% of Dymon Asia Capital Singapore PTE. LTD.'s investment portfolio, making the stock its 13th biggest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Morse Asset Management Inc increased its stake in shares of Taiwan Semiconductor Manufacturing by 120.7% in the third quarter. Morse Asset Management Inc now owns 17,703 shares of the semiconductor company's stock valued at $3,074,000 after buying an additional 9,683 shares during the period. Toronto Dominion Bank raised its stake in shares of Taiwan Semiconductor Manufacturing by 23.2% during the third quarter. Toronto Dominion Bank now owns 12,398 shares of the semiconductor company's stock valued at $2,153,000 after acquiring an additional 2,331 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.9% during the third quarter. Sunbelt Securities Inc. now owns 5,691 shares of the semiconductor company's stock worth $988,000 after purchasing an additional 104 shares during the period. Virtue Capital Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 6.2% in the third quarter. Virtue Capital Management LLC now owns 4,081 shares of the semiconductor company's stock worth $709,000 after purchasing an additional 237 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in Taiwan Semiconductor Manufacturing by 30.5% in the third quarter. TD Private Client Wealth LLC now owns 21,191 shares of the semiconductor company's stock valued at $3,680,000 after purchasing an additional 4,954 shares during the period. Institutional investors own 16.51% of the company's stock.

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Taiwan Semiconductor Manufacturing Trading Up 3.8 %

Shares of NYSE:TSM traded up $5.71 during mid-day trading on Friday, hitting $156.84. The company had a trading volume of 19,602,894 shares, compared to its average volume of 15,828,333. The company has a market capitalization of $813.44 billion, a PE ratio of 22.28, a price-to-earnings-growth ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40. The firm has a fifty day moving average price of $179.21 and a 200 day moving average price of $190.90. 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 data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) 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, research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.75%. Taiwan Semiconductor Manufacturing's payout ratio is currently 30.68%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TSM shares. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 17th. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Finally, StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Company 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.