Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Raymond James Trust N.A.

Raymond James Trust N.A. increased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 14.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,595 shares of the semiconductor company's stock after acquiring an additional 4,470 shares during the period. Raymond James Trust N.A.'s holdings in Taiwan Semiconductor Manufacturing were worth $6,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaCore Capital LLC boosted its position in Taiwan Semiconductor Manufacturing by 16.1% in the third quarter. AlphaCore Capital LLC now owns 13,476 shares of the semiconductor company's stock valued at $2,349,000 after buying an additional 1,871 shares during the last quarter. 49 Wealth Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $513,000. Smithfield Trust Co boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.7% in the 3rd quarter. Smithfield Trust Co now owns 5,738 shares of the semiconductor company's stock valued at $997,000 after acquiring an additional 203 shares during the last quarter. LPL Financial LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 17.7% in the third quarter. LPL Financial LLC now owns 1,149,145 shares of the semiconductor company's stock worth $199,572,000 after acquiring an additional 172,918 shares during the period. Finally, Tradewinds LLC. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 60.3% during the third quarter. Tradewinds LLC. now owns 2,139 shares of the semiconductor company's stock worth $371,000 after purchasing an additional 805 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM traded down $1.16 on Friday, hitting $190.08. The company had a trading volume of 8,838,925 shares, compared to its average volume of 13,231,265. 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 has a market capitalization of $985.83 billion, a PE ratio of 30.45, a PEG ratio of 0.88 and a beta of 1.12. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $95.25 and a 12-month high of $212.60. The company's fifty day moving average price is $187.92 and its 200-day moving average price is $173.68.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.74 by $0.20. The firm had revenue of $23.50 billion during the quarter, compared to analysts' expectations of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. As a group, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a yield of 1.15%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing's payout ratio is 31.57%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Needham & Company LLC restated a "buy" rating and issued a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, October 17th. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an "overweight" rating in a research report on Monday, November 18th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Sunday, November 17th. Finally, Susquehanna reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two equities 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, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $214.00.

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.