Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Holdings Decreased by Headlands Technologies LLC

Headlands Technologies LLC lessened its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 88.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,445 shares of the semiconductor company's stock after selling 56,760 shares during the quarter. Headlands Technologies LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,470,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of TSM. Mount Yale Investment Advisors LLC raised its position in Taiwan Semiconductor Manufacturing by 4.3% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company's stock worth $7,052,000 after buying an additional 1,476 shares during the last quarter. McHugh Group LLC purchased a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $605,000. OLD National Bancorp IN lifted its position in Taiwan Semiconductor Manufacturing by 2.1% in the fourth quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company's stock valued at $22,357,000 after purchasing an additional 2,368 shares during the period. Guardian Partners Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $9,222,000. Finally, Hardman Johnston Global Advisors LLC increased its position in Taiwan Semiconductor Manufacturing by 7.6% during the 4th quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company's stock worth $75,329,000 after purchasing an additional 26,847 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

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Taiwan Semiconductor Manufacturing Price Performance

TSM traded up $1.84 during trading on Wednesday, reaching $170.48. 9,777,639 shares of the stock were exchanged, compared to its average volume of 15,288,434. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $125.78 and a 1 year high of $226.40. The company has a market capitalization of $884.18 billion, a price-to-earnings ratio of 24.22, a P/E/G ratio of 0.66 and a beta of 1.16. The business's 50 day moving average price is $189.38 and its two-hundred day moving average price 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 earnings per share 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, 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 company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a $0.6855 dividend. 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 dividend yield of 1.61%. The ex-dividend date is Thursday, June 12th. Taiwan Semiconductor Manufacturing's payout ratio is currently 30.68%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TSM shares. Barclays raised 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. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.