Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Holdings Boosted by Integrated Advisors Network LLC

Integrated Advisors Network LLC boosted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,487 shares of the semiconductor company’s stock after acquiring an additional 323 shares during the period. Integrated Advisors Network LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,299,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TSM. Capital World Investors lifted its holdings in Taiwan Semiconductor Manufacturing by 11.4% in the fourth quarter. Capital World Investors now owns 41,356,279 shares of the semiconductor company’s stock worth $4,301,178,000 after acquiring an additional 4,240,928 shares during the last quarter. Morgan Stanley lifted its holdings in Taiwan Semiconductor Manufacturing by 11.2% in the third quarter. Morgan Stanley now owns 23,804,180 shares of the semiconductor company’s stock worth $2,068,583,000 after acquiring an additional 2,400,882 shares during the last quarter. Harding Loevner LP lifted its holdings in Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Harding Loevner LP now owns 11,616,715 shares of the semiconductor company’s stock worth $1,222,768,000 after acquiring an additional 2,008,043 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Taiwan Semiconductor Manufacturing by 6.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 28,443,595 shares of the semiconductor company’s stock worth $2,958,134,000 after acquiring an additional 1,649,279 shares during the last quarter. Finally, Sanders Capital LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 3.5% in the fourth quarter. Sanders Capital LLC now owns 44,527,327 shares of the semiconductor company’s stock worth $4,630,842,000 after acquiring an additional 1,501,548 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM traded down $0.40 during mid-day trading on Friday, reaching $172.51. 9,192,483 shares of the company traded hands, compared to its average volume of 12,962,030. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $84.01 and a fifty-two week high of $176.06. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.39 and a quick ratio of 2.13. The firm has a market cap of $894.71 billion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 1.18 and a beta of 1.11. The stock has a fifty day simple moving average of $148.96 and a 200-day simple moving average of $129.56.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, April 18th. The semiconductor company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.09. The firm had revenue of $18.87 billion for the quarter, compared to analyst estimates of $18.38 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.15% and a return on equity of 24.75%. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.13 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be given a $0.4865 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $1.95 annualized dividend and a yield of 1.13%. Taiwan Semiconductor Manufacturing’s payout ratio is 32.76%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TSM. TD Cowen lifted their price target on Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the company a “hold” rating in a report on Thursday, April 18th. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $168.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, May 22nd. Susquehanna raised their price objective on shares of Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the company a “positive” rating in a research note on Tuesday, April 2nd. Finally, Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $150.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, June 5th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $162.00.

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.