Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Holdings Boosted by OLD National Bancorp IN

OLD National Bancorp IN increased its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 113,205 shares of the semiconductor company's stock after purchasing an additional 2,368 shares during the period. OLD National Bancorp IN's holdings in Taiwan Semiconductor Manufacturing were worth $22,357,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mount Yale Investment Advisors LLC grew its holdings in Taiwan Semiconductor Manufacturing by 4.3% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company's stock worth $7,052,000 after buying an additional 1,476 shares in the last quarter. Private Client Services LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $201,000. YHB Investment Advisors Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 6.9% during the fourth quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company's stock valued at $7,954,000 after purchasing an additional 2,604 shares during the period. Matthews International Capital Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 23.3% during the fourth quarter. Matthews International Capital Management LLC now owns 195,243 shares of the semiconductor company's stock valued at $38,559,000 after purchasing an additional 36,845 shares in the last quarter. Finally, Trust Co of the South lifted its holdings in Taiwan Semiconductor Manufacturing by 232.8% in the fourth quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company's stock worth $1,752,000 after purchasing an additional 6,204 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 0.0 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $202.46 on Thursday. The stock has a 50-day simple moving average of $201.42 and a 200-day simple moving average of $185.89. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $112.61 and a 52-week high of $226.40. The firm has a market cap of $1.05 trillion, a price-to-earnings ratio of 28.76, a P/E/G ratio of 0.74 and a beta of 1.07. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating analysts' consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.08%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 27.27%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Susquehanna reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday. Needham & Company LLC restated a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Finally, Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $220.00.

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.

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