Swedbank AB Acquires 249,540 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Swedbank AB grew its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 19.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,550,643 shares of the semiconductor company's stock after buying an additional 249,540 shares during the quarter. Swedbank AB's holdings in Taiwan Semiconductor Manufacturing were worth $306,236,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. ProShare Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 25.2% during the 2nd quarter. ProShare Advisors LLC now owns 1,935 shares of the semiconductor company's stock worth $336,000 after buying an additional 390 shares during the last quarter. Ascent Group LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 11.8% in the 2nd quarter. Ascent Group LLC now owns 4,993 shares of the semiconductor company's stock worth $868,000 after acquiring an additional 525 shares in the last quarter. Magnolia Capital Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth $450,000. Sunbelt Securities Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 6.4% in the second quarter. Sunbelt Securities Inc. now owns 5,587 shares of the semiconductor company's stock worth $971,000 after acquiring an additional 336 shares during the last quarter. Finally, Regal Investment Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $579,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Stock Up 0.0 %

NYSE:TSM traded up $0.06 during trading hours on Wednesday, reaching $202.46. The company's stock had a trading volume of 15,053,345 shares, compared to its average volume of 20,903,750. 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 business's 50-day moving average is $201.42 and its 200-day moving average is $185.89. The company has a market cap of $1.05 trillion, a price-to-earnings ratio of 28.76, a price-to-earnings-growth ratio of 0.74 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $112.61 and a one year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 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%. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a $0.5484 dividend. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.08%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 31.11%.

Wall Street Analysts Forecast Growth

TSM has been the subject of several recent analyst reports. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, January 17th. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday. Finally, Susquehanna reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average 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.