Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Bought by Invesco Ltd.

Invesco Ltd. lifted its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 37.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,178,381 shares of the semiconductor company's stock after purchasing an additional 1,148,889 shares during the period. Invesco Ltd. owned about 0.08% of Taiwan Semiconductor Manufacturing worth $825,188,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Morse Asset Management Inc boosted its position in Taiwan Semiconductor Manufacturing by 120.7% during the third quarter. Morse Asset Management Inc now owns 17,703 shares of the semiconductor company's stock worth $3,074,000 after acquiring an additional 9,683 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 31.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 23,244 shares of the semiconductor company's stock worth $3,697,000 after purchasing an additional 5,500 shares during the last quarter. EP Wealth Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 19.1% in the third quarter. EP Wealth Advisors LLC now owns 25,612 shares of the semiconductor company's stock valued at $4,448,000 after purchasing an additional 4,113 shares during the period. Headinvest LLC lifted its position in Taiwan Semiconductor Manufacturing by 13.6% during the third quarter. Headinvest LLC now owns 2,504 shares of the semiconductor company's stock worth $435,000 after buying an additional 300 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter worth about $4,446,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Trading Up 3.3 %

Shares of NYSE:TSM traded up $4.91 during trading on Friday, reaching $156.04. 12,200,685 shares of the stock were exchanged, compared to its average volume of 15,769,486. The firm's 50-day moving average price is $180.15 and its 200 day moving average price is $191.08. The firm has a market cap of $809.31 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $125.78 and a 12-month high of $226.40. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

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 the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal 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 1.76%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 30.68%.

Analyst Upgrades and Downgrades

TSM has been the subject of a number of research analyst reports. Barclays upped their price objective on shares of 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 set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Finally, StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $220.00.

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.