Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Holdings Trimmed by Verde Servicos Internacionais S.A.

Verde Servicos Internacionais S.A. lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 13.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54,323 shares of the semiconductor company's stock after selling 8,211 shares during the period. Taiwan Semiconductor Manufacturing accounts for 4.6% of Verde Servicos Internacionais S.A.'s holdings, making the stock its 10th biggest holding. Verde Servicos Internacionais S.A.'s holdings in Taiwan Semiconductor Manufacturing were worth $10,728,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of TSM. FMR LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.2% during the third quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company's stock worth $9,721,138,000 after purchasing an additional 3,783,802 shares during the period. Clearbridge Investments LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 669.7% during 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 799.2% during 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 worth $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 shares of Taiwan Semiconductor Manufacturing during the third quarter worth $229,098,000. Finally, WCM Investment Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 14.1% during the third quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company's stock worth $1,733,104,000 after purchasing an additional 1,206,359 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TSM. Susquehanna reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday. 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. Finally, Needham & Company LLC reissued a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 4.6 %

TSM traded up $8.91 during midday trading on Tuesday, hitting $201.22. The company had a trading volume of 26,635,441 shares, compared to its average volume of 20,919,715. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $112.61 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 company has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 28.57, a PEG ratio of 0.74 and a beta of 1.07. The stock's 50 day moving average price is $201.17 and its 200 day moving average price is $185.78.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share 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%. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 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, April 10th. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 27.27%.

About Taiwan Semiconductor Manufacturing

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.