Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. lifted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 472.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 75,979 shares of the semiconductor company's stock after buying an additional 62,705 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in Taiwan Semiconductor Manufacturing were worth $15,005,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of TSM. Meeder Advisory Services Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 22.6% in the third quarter. Meeder Advisory Services Inc. now owns 3,981 shares of the semiconductor company's stock worth $691,000 after buying an additional 734 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in Taiwan Semiconductor Manufacturing by 14.9% in the third quarter. Fifth Third Wealth Advisors LLC now owns 5,582 shares of the semiconductor company's stock worth $969,000 after purchasing an additional 722 shares in the last quarter. Prospera Private Wealth LLC bought a new position in Taiwan Semiconductor Manufacturing in the third quarter worth approximately $295,000. Segall Bryant & Hamill LLC grew its stake in Taiwan Semiconductor Manufacturing by 2.6% in the third quarter. Segall Bryant & Hamill LLC now owns 83,081 shares of the semiconductor company's stock worth $14,429,000 after purchasing an additional 2,101 shares in the last quarter. Finally, MWA Asset Management grew its stake in Taiwan Semiconductor Manufacturing by 1.2% in the third quarter. MWA Asset Management now owns 7,014 shares of the semiconductor company's stock worth $1,218,000 after purchasing an additional 85 shares in the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

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Taiwan Semiconductor Manufacturing Stock Down 0.5 %

NYSE TSM traded down $0.89 during midday trading on Friday, hitting $176.58. 9,972,839 shares of the company traded hands, compared to its average volume of 15,054,059. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The company has a market cap of $915.81 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13. The company's 50-day simple moving average is $195.68 and its 200-day simple moving average is $192.33. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced 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%. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a $0.6855 dividend. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.55%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 30.68%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Needham & Company LLC reissued a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Finally, Barclays increased their price objective 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. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently 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.