Keystone Investors PTE Ltd. Purchases 6,469 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Keystone Investors PTE Ltd. grew its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 18.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,205 shares of the semiconductor company's stock after buying an additional 6,469 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 0.6% of Keystone Investors PTE Ltd.'s portfolio, making the stock its 26th biggest holding. Keystone Investors PTE Ltd.'s holdings in Taiwan Semiconductor Manufacturing were worth $8,335,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Kingsview Wealth Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 5.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,935 shares of the semiconductor company's stock worth $2,941,000 after acquiring an additional 849 shares in the last quarter. Larson Financial Group LLC increased its position in Taiwan Semiconductor Manufacturing by 153.4% during the 3rd quarter. Larson Financial Group LLC now owns 2,035 shares of the semiconductor company's stock valued at $353,000 after purchasing an additional 1,232 shares during the period. Centaurus Financial Inc. raised its stake in Taiwan Semiconductor Manufacturing by 20.1% during the third quarter. Centaurus Financial Inc. now owns 15,449 shares of the semiconductor company's stock worth $2,683,000 after buying an additional 2,590 shares during the last quarter. Summit Trail Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 51.9% in the 3rd quarter. Summit Trail Advisors LLC now owns 3,839 shares of the semiconductor company's stock valued at $669,000 after purchasing an additional 1,311 shares during the period. Finally, Daiwa Securities Group Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 7.4% in the third quarter. Daiwa Securities Group Inc. now owns 23,148 shares of the semiconductor company's stock valued at $4,021,000 after buying an additional 1,600 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Trading Down 0.1 %

NYSE:TSM traded down $0.24 during trading hours on Tuesday, reaching $180.92. The company's stock had a trading volume of 8,691,341 shares, compared to its average volume of 15,059,825. The firm has a market capitalization of $938.33 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 0.66 and a beta of 1.13. 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 50-day simple moving average of $194.86 and a 200-day simple moving average of $192.62. 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 posted its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be paid a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.52%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 30.68%.

Wall Street Analysts Forecast Growth

TSM has been the topic of a number of research reports. Barclays upped their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 17th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Finally, Needham & Company LLC restated a "buy" rating and issued a $225.00 price objective 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 given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price 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.