Union Bancaire Privee UBP SA Makes New Investment in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Union Bancaire Privee UBP SA purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 462,391 shares of the semiconductor company's stock, valued at approximately $91,830,000. Taiwan Semiconductor Manufacturing makes up 1.9% of Union Bancaire Privee UBP SA's holdings, making the stock its 13th largest holding.

A number of other large investors also recently modified their holdings of TSM. FMR LLC increased its position in Taiwan Semiconductor Manufacturing by 7.2% in the 3rd quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company's stock valued at $9,721,138,000 after acquiring an additional 3,783,802 shares during the period. Clearbridge Investments LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 669.7% in the second quarter. Clearbridge Investments LLC now owns 3,721,489 shares of the semiconductor company's stock worth $646,832,000 after purchasing an additional 3,237,998 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Taiwan Semiconductor Manufacturing by 799.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,899,088 shares of the semiconductor company's stock valued at $329,815,000 after purchasing an additional 1,687,886 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter worth about $229,098,000. Finally, WCM Investment Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 14.1% in the 3rd quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company's stock valued at $1,733,104,000 after buying an additional 1,206,359 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Trading Down 13.1 %

Shares of TSM stock traded down $29.16 during trading hours on Monday, hitting $192.72. 68,449,089 shares of the company were exchanged, compared to its average volume of 20,561,855. The company has a 50 day simple moving average of $201.07 and a two-hundred day simple moving average of $185.72. The firm has a market cap of $999.52 billion, a P/E ratio of 27.38, a P/E/G ratio of 0.74 and a beta of 1.07. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $112.61 and a fifty-two week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted 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 analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This is an increase 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 1.14%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 27.27%.

Analysts Set New Price Targets

TSM has been the subject of a number of analyst reports. StockNews.com upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Monday, January 20th. Susquehanna restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Needham & Company LLC reiterated a "buy" rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Finally, Barclays lifted 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 note on Friday, January 17th. One analyst has rated the stock with a hold rating and five have assigned 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 price target of $220.00.

Taiwan Semiconductor Manufacturing Company 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.