Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. lifted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 16.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 49,579 shares of the semiconductor company's stock after buying an additional 7,136 shares during the quarter. Whittier Trust Co.'s holdings in Taiwan Semiconductor Manufacturing were worth $9,791,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC raised its stake 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 valued at $9,721,138,000 after acquiring an additional 3,783,802 shares in the last quarter. Fisher Asset Management LLC raised its position in Taiwan Semiconductor Manufacturing by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company's stock valued at $4,995,984,000 after purchasing an additional 359,854 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.0% in the 4th quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company's stock worth $3,829,757,000 after buying an additional 1,102,166 shares during the period. Jennison Associates LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 72.9% during the 4th quarter. Jennison Associates LLC now owns 6,949,520 shares of the semiconductor company's stock worth $1,372,461,000 after buying an additional 2,931,209 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 19.9% during the third quarter. Janus Henderson Group PLC now owns 6,485,854 shares of the semiconductor company's stock valued at $1,126,420,000 after buying an additional 1,075,425 shares during the period. 16.51% of the stock is owned by institutional investors.

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Taiwan Semiconductor Manufacturing Stock Up 2.6 %

Shares of NYSE:TSM traded up $4.56 during trading on Monday, reaching $181.29. The stock had a trading volume of 11,426,219 shares, compared to its average volume of 15,039,571. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $940.27 billion, a P/E ratio of 25.75, a PEG ratio of 0.66 and a beta of 1.13. The firm's 50-day simple moving average is $195.68 and its 200 day simple moving average is $192.33. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (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%. 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 firm 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 $0.6855 dividend. This represents a $2.74 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 30.68%.

Analysts Set New Price Targets

TSM has been the subject of a number of research reports. Barclays upped their price objective 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. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Finally, Needham & Company LLC reissued a "buy" rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price 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.