Hosking Partners LLP Acquires 22,686 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Hosking Partners LLP boosted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 253,049 shares of the semiconductor company's stock after buying an additional 22,686 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 2.0% of Hosking Partners LLP's investment portfolio, making the stock its 18th largest position. Hosking Partners LLP's holdings in Taiwan Semiconductor Manufacturing were worth $49,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Fielder Capital Group LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 4.7% in the 4th quarter. Fielder Capital Group LLC now owns 3,311 shares of the semiconductor company's stock valued at $654,000 after purchasing an additional 149 shares in the last quarter. Verus Capital Partners LLC boosted its position in Taiwan Semiconductor Manufacturing by 12.8% in the fourth quarter. Verus Capital Partners LLC now owns 4,446 shares of the semiconductor company's stock valued at $878,000 after buying an additional 506 shares in the last quarter. Linscomb Wealth Inc. bought a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $224,000. QRG Capital Management Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.7% during the fourth quarter. QRG Capital Management Inc. now owns 113,043 shares of the semiconductor company's stock worth $22,325,000 after buying an additional 831 shares in the last quarter. Finally, Alphinity Investment Management Pty Ltd acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $349,241,000. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TSM has been the subject of a number of recent analyst reports. StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Barclays upped their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, January 17th. Finally, Needham & Company LLC restated a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 0.5 %

Shares of TSM stock traded down $1.00 on Friday, reaching $180.10. 27,895,144 shares of the stock were exchanged, compared to its average volume of 17,601,268. The stock has a 50 day moving average price of $204.74 and a 200 day moving average price of $191.45. The stock has a market cap of $934.05 billion, a PE ratio of 25.58, a P/E/G ratio of 0.66 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40. 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 quarterly earnings data 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%. Equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This represents a $2.74 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's payout ratio is currently 31.11%.

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.