14,104 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas purchased a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,104 shares of the semiconductor company's stock, valued at approximately $2,449,000.

Other hedge funds also recently made changes to their positions in the company. FWG Holdings LLC grew its holdings in Taiwan Semiconductor Manufacturing by 1.6% during the 3rd quarter. FWG Holdings LLC now owns 3,106 shares of the semiconductor company's stock valued at $539,000 after buying an additional 50 shares in the last quarter. Defender Capital LLC. boosted its position in shares of Taiwan Semiconductor Manufacturing by 3.7% in the third quarter. Defender Capital LLC. now owns 1,565 shares of the semiconductor company's stock valued at $272,000 after acquiring an additional 56 shares during the period. Hardy Reed LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 1.2% in the third quarter. Hardy Reed LLC now owns 4,635 shares of the semiconductor company's stock valued at $805,000 after acquiring an additional 56 shares during the period. Heron Bay Capital Management increased its holdings in Taiwan Semiconductor Manufacturing by 1.0% during the 2nd quarter. Heron Bay Capital Management now owns 5,710 shares of the semiconductor company's stock worth $992,000 after acquiring an additional 59 shares during the period. Finally, Glen Eagle Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 1.9% in the 3rd quarter. Glen Eagle Advisors LLC now owns 3,187 shares of the semiconductor company's stock worth $554,000 after purchasing an additional 60 shares in the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Sunday, November 17th. Susquehanna restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Needham & Company LLC reaffirmed a "buy" rating and issued a $210.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, October 17th. Finally, Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an "overweight" rating in a research report on Monday, November 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $214.00.

Taiwan Semiconductor Manufacturing Price Performance

TSM traded up $9.53 during trading on Friday, reaching $200.99. The stock had a trading volume of 19,476,980 shares, compared to its average volume of 15,145,534. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The business has a 50-day moving average of $193.04 and a 200-day moving average of $177.99. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $98.80 and a one year high of $212.60. The stock has a market cap of $1.04 trillion, a PE ratio of 32.21, a PEG ratio of 0.90 and a beta of 1.09.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, beating the consensus estimate of $1.74 by $0.20. The firm had revenue of $23.50 billion for the quarter, compared to analyst estimates of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.97 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.09%. Taiwan Semiconductor Manufacturing's dividend payout ratio is 31.57%.

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.