Trexquant Investment LP Takes Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Trexquant Investment LP bought a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 36,959 shares of the semiconductor company's stock, valued at approximately $7,299,000.

A number of other institutional investors have also bought and sold shares of TSM. Stonebridge Financial Group LLC bought a new position in shares of 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 worth approximately $27,000. Roxbury Financial LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter valued at approximately $29,000. Finally, Nemes Rush Group LLC grew its holdings in Taiwan Semiconductor Manufacturing by 1,810.0% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the semiconductor company's stock valued at $38,000 after buying an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock traded down $10.50 during trading on Friday, hitting $146.88. 36,009,450 shares of the company's stock traded hands, compared to its average volume of 15,444,363. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40. The stock has a market capitalization of $761.76 billion, a price-to-earnings ratio of 20.86, a P/E/G ratio of 0.66 and a beta of 1.16. The business has a fifty day simple moving average of $186.54 and a 200 day simple moving average of $192.09. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

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Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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%. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.87%. Taiwan Semiconductor Manufacturing's payout ratio is currently 30.68%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TSM shares. 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. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Finally, Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing has an average 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.