Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Marcho Partners LLP

Marcho Partners LLP raised its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 72.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 223,331 shares of the semiconductor company's stock after purchasing an additional 93,625 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 11.8% of Marcho Partners LLP's holdings, making the stock its 2nd biggest position. Marcho Partners LLP's holdings in Taiwan Semiconductor Manufacturing were worth $44,106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSM. Katamaran Capital LLP purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $5,446,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth $160,000. KCM Investment Advisors LLC grew its position in Taiwan Semiconductor Manufacturing by 2.6% during the 4th quarter. KCM Investment Advisors LLC now owns 8,628 shares of the semiconductor company's stock worth $1,704,000 after purchasing an additional 222 shares during the last quarter. ROI Financial Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 1.6% in the fourth quarter. ROI Financial Advisors LLC now owns 22,859 shares of the semiconductor company's stock valued at $4,515,000 after purchasing an additional 359 shares during the period. Finally, Charles Lim Capital Ltd acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth about $29,624,000. Institutional investors and hedge funds own 16.51% of the company's stock.

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Analyst Ratings Changes

TSM has been the subject of a number of recent research reports. StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Needham & Company LLC reiterated 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, Barclays increased 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of "Moderate Buy" and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 6.7 %

Shares of NYSE:TSM traded down $10.50 during trading on Friday, reaching $146.88. The stock had a trading volume of 36,009,450 shares, compared to its average volume of 15,473,070. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40. The business has a fifty day moving average price of $186.54 and a 200-day moving average price of $192.44. The stock has a market cap of $761.76 billion, a P/E ratio of 20.86, a PEG ratio of 0.66 and a beta of 1.16. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 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%. As a group, 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 announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be issued a $0.6855 dividend. This represents a $2.74 dividend on an annualized basis and a yield of 1.87%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. Taiwan Semiconductor Manufacturing's payout ratio is presently 30.68%.

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.