Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is Chiron Investment Management LLC's 5th Largest Position

Chiron Investment Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 20.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,213 shares of the semiconductor company's stock after buying an additional 9,752 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 3.8% of Chiron Investment Management LLC's investment portfolio, making the stock its 5th biggest holding. Chiron Investment Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $11,299,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Morse Asset Management Inc lifted its stake in Taiwan Semiconductor Manufacturing by 120.7% during the 3rd quarter. Morse Asset Management Inc now owns 17,703 shares of the semiconductor company's stock valued at $3,074,000 after acquiring an additional 9,683 shares during the period. Toronto Dominion Bank grew its holdings in Taiwan Semiconductor Manufacturing by 23.2% during the 3rd quarter. Toronto Dominion Bank now owns 12,398 shares of the semiconductor company's stock valued at $2,153,000 after buying an additional 2,331 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing by 12.4% in the third quarter. M&T Bank Corp now owns 241,714 shares of the semiconductor company's stock worth $41,979,000 after purchasing an additional 26,715 shares during the last quarter. Advisory Resource Group raised its stake in Taiwan Semiconductor Manufacturing by 1.4% during the third quarter. Advisory Resource Group now owns 7,984 shares of the semiconductor company's stock valued at $1,387,000 after purchasing an additional 107 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in Taiwan Semiconductor Manufacturing by 242.1% during the third quarter. Virtu Financial LLC now owns 28,669 shares of the semiconductor company's stock worth $4,979,000 after acquiring an additional 20,289 shares during the last quarter. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 3.8 %

NYSE:TSM opened at $156.84 on Monday. The company's 50-day simple moving average is $179.21 and its 200-day simple moving average is $190.93. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40. The stock has a market capitalization of $813.44 billion, a P/E ratio of 22.28, a P/E/G ratio of 0.66 and a beta of 1.16.

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Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data 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 net margin of 40.51% and a return on equity of 30.47%. On average, equities 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 company 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 dividend of $0.6855 per share. This is an increase 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 1.75%. Taiwan Semiconductor Manufacturing's payout ratio is 30.68%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TSM. Needham & Company LLC reissued a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Finally, Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a report 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.com, the company has a consensus 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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