Quantbot Technologies LP Lowers Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Quantbot Technologies LP decreased its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 78.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,588 shares of the semiconductor company's stock after selling 30,784 shares during the quarter. Quantbot Technologies LP's holdings in Taiwan Semiconductor Manufacturing were worth $1,696,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Kingsview Wealth Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 5.3% in the third 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 during the period. Larson Financial Group LLC increased its stake in Taiwan Semiconductor Manufacturing by 153.4% in the third 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 in the last quarter. Centaurus Financial Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 20.1% during the third quarter. Centaurus Financial Inc. now owns 15,449 shares of the semiconductor company's stock valued at $2,683,000 after purchasing an additional 2,590 shares during the period. Summit Trail Advisors LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 51.9% during the 3rd quarter. Summit Trail Advisors LLC now owns 3,839 shares of the semiconductor company's stock worth $669,000 after purchasing an additional 1,311 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 7.4% in the 3rd 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 currently owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock 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 stock has a market cap of $938.33 billion, a P/E ratio of 25.70, a P/E/G ratio of 0.66 and a beta of 1.13. 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 firm has a 50 day moving average price of $195.27 and a 200-day moving average price of $192.45. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40.

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 for the quarter, topping analysts' consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. On average, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.52%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 30.68%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TSM shares. Needham & Company LLC reiterated a "buy" rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 17th. Finally, StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target 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.