Loomis Sayles & Co. L P Has $234.83 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Loomis Sayles & Co. L P cut its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 3.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,189,049 shares of the semiconductor company's stock after selling 42,924 shares during the period. Loomis Sayles & Co. L P's holdings in Taiwan Semiconductor Manufacturing were worth $234,825,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TSM. Van ECK Associates Corp boosted its position in Taiwan Semiconductor Manufacturing by 6.0% during the fourth quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company's stock worth $3,829,757,000 after purchasing an additional 1,102,166 shares during the period. GQG Partners LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.0% during the 4th quarter. GQG Partners LLC now owns 7,819,269 shares of the semiconductor company's stock worth $1,544,227,000 after buying an additional 777,090 shares during the period. Jennison Associates LLC grew its stake 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 valued at $1,372,461,000 after buying an additional 2,931,209 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Taiwan Semiconductor Manufacturing by 19.9% in the 3rd quarter. Janus Henderson Group PLC now owns 6,485,854 shares of the semiconductor company's stock worth $1,126,420,000 after acquiring an additional 1,075,425 shares during the period. Finally, Franklin Resources Inc. lifted its position in Taiwan Semiconductor Manufacturing by 13.2% during the 3rd quarter. Franklin Resources Inc. now owns 6,423,734 shares of the semiconductor company's stock worth $1,234,706,000 after acquiring an additional 750,515 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 Stock Performance

TSM stock traded down $2.42 during trading on Friday, reaching $165.82. 16,312,453 shares of the stock were exchanged, compared to its average volume of 15,291,333. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $125.78 and a twelve month high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $860.00 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13. The stock has a 50 day simple moving average of $192.35 and a 200-day simple moving average of $192.34.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping the consensus estimate 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, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current 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. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. 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 1.65%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 30.68%.

Wall Street Analysts Forecast Growth

TSM has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. 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 report on Friday, January 17th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing 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.