Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Generate Investment Management Ltd

Generate Investment Management Ltd grew its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 90.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 193,676 shares of the semiconductor company's stock after buying an additional 91,977 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for approximately 2.7% of Generate Investment Management Ltd's holdings, making the stock its 6th biggest holding. Generate Investment Management Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $38,249,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in TSM. AMF Tjanstepension AB raised its holdings in shares of Taiwan Semiconductor Manufacturing by 4.8% in the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company's stock worth $266,300,000 after acquiring an additional 70,057 shares during the last quarter. Brookstone Capital Management raised its stake in Taiwan Semiconductor Manufacturing by 1.8% in the 3rd quarter. Brookstone Capital Management now owns 8,694 shares of the semiconductor company's stock valued at $1,510,000 after purchasing an additional 156 shares during the last quarter. Daymark Wealth Partners LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 8.9% during the 3rd quarter. Daymark Wealth Partners LLC now owns 7,084 shares of the semiconductor company's stock worth $1,230,000 after purchasing an additional 581 shares during the last quarter. CWM LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 7.6% during the third quarter. CWM LLC now owns 29,651 shares of the semiconductor company's stock worth $5,149,000 after buying an additional 2,097 shares in the last quarter. Finally, Marcum Wealth LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 24.2% in the third quarter. Marcum Wealth LLC now owns 5,767 shares of the semiconductor company's stock valued at $1,002,000 after buying an additional 1,125 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TSM. Needham & Company LLC restated a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Susquehanna restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Finally, Barclays raised their price target 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 assigned a buy rating to the company's stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Moderate Buy" and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 2.0 %

Taiwan Semiconductor Manufacturing stock traded down $4.25 during midday trading on Friday, reaching $206.25. The stock had a trading volume of 11,578,920 shares, compared to its average volume of 18,992,380. The stock has a market capitalization of $1.07 trillion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06. 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 stock's 50-day simple moving average is $204.71 and its 200 day simple moving average is $187.59. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $122.91 and a twelve month 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 (EPS) for the quarter, topping 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%. Analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This represents a $2.19 dividend on an annualized basis and a yield of 1.06%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing's dividend payout ratio is 27.27%.

About Taiwan Semiconductor Manufacturing

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.