Roundview Capital LLC Grows Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Roundview Capital LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 72,472 shares of the semiconductor company's stock after purchasing an additional 1,967 shares during the period. Taiwan Semiconductor Manufacturing makes up about 1.0% of Roundview Capital LLC's portfolio, making the stock its 22nd biggest position. Roundview Capital LLC's holdings in Taiwan Semiconductor Manufacturing were worth $14,312,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of TSM. Jennison Associates LLC increased its holdings in Taiwan Semiconductor Manufacturing by 72.9% in the 4th quarter. Jennison Associates LLC now owns 6,949,520 shares of the semiconductor company's stock worth $1,372,461,000 after buying an additional 2,931,209 shares during the period. Franklin Resources Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing by 32.3% in the fourth quarter. Franklin Resources Inc. now owns 8,498,063 shares of the semiconductor company's stock worth $1,678,283,000 after acquiring an additional 2,074,329 shares during the period. Alphinity Investment Management Pty Ltd purchased a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth $349,241,000. Public Employees Retirement System of Ohio acquired a new position in Taiwan Semiconductor Manufacturing during the third quarter valued at $229,098,000. Finally, Alliancebernstein L.P. boosted its holdings in Taiwan Semiconductor Manufacturing by 23.4% in the fourth quarter. Alliancebernstein L.P. now owns 6,742,256 shares of the semiconductor company's stock valued at $1,331,528,000 after purchasing an additional 1,276,793 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

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Taiwan Semiconductor Manufacturing Price Performance

TSM stock traded up $2.46 during mid-day trading on Tuesday, reaching $168.46. 9,155,553 shares of the company's stock were exchanged, compared to its average volume of 15,287,641. 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 Company Limited has a 12-month low of $125.78 and a 12-month high of $226.40. The stock's 50 day moving average is $190.44 and its 200 day moving average is $192.64. The company has a market cap of $873.72 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) 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%. On average, research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.63%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 30.68%.

Wall Street Analyst Weigh In

TSM has been the topic of a number of recent research reports. Needham & Company LLC restated 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 research report on Tuesday, January 28th. Finally, Barclays raised their price objective 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 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, Taiwan Semiconductor Manufacturing currently has an average rating of "Moderate Buy" and a consensus 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.