Milestones Administradora de Recursos Ltda. Has $8.70 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Milestones Administradora de Recursos Ltda. trimmed its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 18.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,040 shares of the semiconductor company's stock after selling 9,850 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 4.4% of Milestones Administradora de Recursos Ltda.'s portfolio, making the stock its 8th largest position. Milestones Administradora de Recursos Ltda.'s holdings in Taiwan Semiconductor Manufacturing were worth $8,697,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TSM. AMF Tjanstepension AB boosted its stake in shares of Taiwan Semiconductor Manufacturing by 4.8% during the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company's stock valued at $266,300,000 after buying an additional 70,057 shares during the period. Nisa Investment Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 5.8% during the third quarter. Nisa Investment Advisors LLC now owns 1,817 shares of the semiconductor company's stock worth $317,000 after acquiring an additional 100 shares in the last quarter. abrdn plc boosted its position in Taiwan Semiconductor Manufacturing by 11.9% during the third quarter. abrdn plc now owns 239,742 shares of the semiconductor company's stock valued at $41,589,000 after purchasing an additional 25,576 shares during the last quarter. Nicholas Hoffman & Company LLC. grew its stake in Taiwan Semiconductor Manufacturing by 3.0% in the third quarter. Nicholas Hoffman & Company LLC. now owns 2,400 shares of the semiconductor company's stock valued at $417,000 after purchasing an additional 69 shares in the last quarter. Finally, Mutual Advisors LLC increased its position in Taiwan Semiconductor Manufacturing by 26.6% in the 3rd quarter. Mutual Advisors LLC now owns 8,429 shares of the semiconductor company's stock worth $1,464,000 after purchasing an additional 1,772 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

TSM traded down $1.00 on Friday, hitting $180.10. The company had a trading volume of 27,895,144 shares, compared to its average volume of 17,601,268. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $125.78 and a 1-year high of $226.40. 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 company's fifty day moving average price is $204.74 and its 200 day moving average price is $191.45. The stock has a market cap of $934.05 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data 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 net margin of 40.51% and a return on equity of 30.47%. Equities analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This is a positive change 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 payout ratio is presently 31.11%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TSM. StockNews.com lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Needham & Company LLC reissued a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Finally, Barclays increased their price target on shares of 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 equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of "Moderate Buy" and an average price target 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.