Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by NS Partners Ltd

NS Partners Ltd trimmed its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 30.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,118 shares of the semiconductor company's stock after selling 16,631 shares during the quarter. NS Partners Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $7,528,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TSM. Generali Investments CEE investicni spolecnost a.s. acquired a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $7,542,000. Banco Santander S.A. increased its stake in Taiwan Semiconductor Manufacturing by 2.6% in the 4th quarter. Banco Santander S.A. now owns 23,100 shares of the semiconductor company's stock valued at $4,562,000 after buying an additional 584 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its stake in Taiwan Semiconductor Manufacturing by 1,726.6% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 541,741 shares of the semiconductor company's stock valued at $114,860,000 after buying an additional 512,082 shares during the period. Mesirow Financial Investment Management Inc. increased its stake in Taiwan Semiconductor Manufacturing by 9.0% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 15,721 shares of the semiconductor company's stock valued at $3,105,000 after buying an additional 1,296 shares during the period. Finally, AMG National Trust Bank increased its stake in Taiwan Semiconductor Manufacturing by 0.3% in the 4th quarter. AMG National Trust Bank now owns 27,116 shares of the semiconductor company's stock valued at $5,381,000 after buying an additional 92 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

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Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock traded up $0.73 on Friday, hitting $176.58. The company's stock had a trading volume of 20,993,833 shares, compared to its average volume of 18,397,072. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $125.78 and a 52-week high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The firm has a fifty day moving average price of $202.05 and a 200-day moving average price of $191.76. The company has a market capitalization of $915.80 billion, a P/E ratio of 25.08, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.55%. Taiwan Semiconductor Manufacturing's payout ratio is currently 30.68%.

Analyst Upgrades and Downgrades

Several brokerages have commented on TSM. Needham & Company LLC restated a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Barclays boosted 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. Finally, StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. 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, Taiwan Semiconductor Manufacturing has a consensus 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.