Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is North of South Capital LLP's 2nd Largest Position

North of South Capital LLP raised its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 15.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 516,404 shares of the semiconductor company's stock after purchasing an additional 70,362 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 12.4% of North of South Capital LLP's portfolio, making the stock its 2nd biggest position. North of South Capital LLP's holdings in Taiwan Semiconductor Manufacturing were worth $101,985,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AMF Tjanstepension AB raised its holdings in shares of Taiwan Semiconductor Manufacturing by 4.8% during the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company's stock valued at $266,300,000 after acquiring an additional 70,057 shares in the last quarter. Stanley Laman Group Ltd. bought a new position in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $246,000. Segment Wealth Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $243,000. International Assets Investment Management LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 23,351.0% during the third quarter. International Assets Investment Management LLC now owns 1,027,624 shares of the semiconductor company's stock valued at $178,467,000 after acquiring an additional 1,023,242 shares in the last quarter. Finally, YHB Investment Advisors Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 5.1% during the third quarter. YHB Investment Advisors Inc. now owns 37,671 shares of the semiconductor company's stock valued at $6,542,000 after acquiring an additional 1,819 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM traded down $1.70 during midday trading on Friday, reaching $198.40. 13,733,874 shares of the company's stock traded hands, compared to its average volume of 17,191,230. The company has a market cap of $1.03 trillion, a price-to-earnings ratio of 28.18, a P/E/G ratio of 0.66 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. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40. The stock has a 50 day moving average of $205.85 and a 200 day moving average of $190.22.

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, beating 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%. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business 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 of this dividend is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.38%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 27.27%.

Analysts Set New Price Targets

Several brokerages recently weighed in on TSM. StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday. Finally, Barclays upped 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 equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $220.00.

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.