TD Waterhouse Canada Inc. Purchases 4,576 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

TD Waterhouse Canada Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 114,489 shares of the semiconductor company's stock after acquiring an additional 4,576 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $22,620,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Stonebridge Financial Group LLC purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $25,000. IMG Wealth Management Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $26,000. Hopwood Financial Services Inc. bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $27,000. Roxbury Financial LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter valued at $29,000. Finally, Glass Jacobson Investment Advisors llc increased its holdings in shares of Taiwan Semiconductor Manufacturing by 289.4% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 183 shares of the semiconductor company's stock worth $36,000 after purchasing an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM traded up $3.48 during midday trading on Tuesday, hitting $151.34. 12,533,964 shares of the company's stock traded hands, compared to its average volume of 15,739,635. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The stock has a market capitalization of $784.91 billion, a price-to-earnings ratio of 21.50, a price-to-earnings-growth ratio of 0.66 and a beta of 1.16. The firm has a fifty day moving average of $171.56 and a 200 day moving average of $189.66. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $128.86 and a 1 year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, April 17th. The semiconductor company reported $2.12 EPS for the quarter, beating analysts' consensus estimates of $2.03 by $0.09. The business had revenue of $25.82 billion during the quarter, compared to analysts' expectations of $834.10 billion. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared 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. This represents a $2.74 annualized dividend and a yield of 1.81%. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's payout ratio is currently 30.68%.

Wall Street Analyst Weigh In

Several research firms recently commented on TSM. Needham & Company LLC reaffirmed a "buy" rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 17th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Barclays decreased their price objective on shares of Taiwan Semiconductor Manufacturing from $255.00 to $215.00 and set an "overweight" rating for the company in a report on Monday. Finally, Susquehanna dropped their target price on shares of Taiwan Semiconductor Manufacturing from $265.00 to $250.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $212.00.

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.