Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Bought by Tybourne Capital Management HK Ltd.

Tybourne Capital Management HK Ltd. grew its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,028 shares of the semiconductor company’s stock after acquiring an additional 859 shares during the period. Taiwan Semiconductor Manufacturing comprises 1.0% of Tybourne Capital Management HK Ltd.’s holdings, making the stock its 13th biggest position. Tybourne Capital Management HK Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $3,652,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Coppell Advisory Solutions Corp. acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $205,000. LRI Investments LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth $125,000. Sanibel Captiva Trust Company Inc. grew its position in Taiwan Semiconductor Manufacturing by 0.5% during the first quarter. Sanibel Captiva Trust Company Inc. now owns 22,139 shares of the semiconductor company’s stock valued at $3,012,000 after buying an additional 104 shares during the period. Burney Co. acquired a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter worth about $228,000. Finally, Cetera Investment Advisers grew its position in shares of Taiwan Semiconductor Manufacturing by 322.4% during the 1st quarter. Cetera Investment Advisers now owns 383,222 shares of the semiconductor company’s stock valued at $52,137,000 after acquiring an additional 292,495 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TSM shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $210.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, October 17th. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM opened at $181.19 on Thursday. The business’s 50 day moving average price is $188.85 and its 200-day moving average price is $174.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a market capitalization of $939.73 billion, a PE ratio of 29.04, a P/E/G ratio of 0.85 and a beta of 1.12. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $95.25 and a 1 year high of $212.60.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.20. The business had revenue of $23.50 billion during the quarter, compared to analysts’ expectations of $22.72 billion. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. As a group, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared 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. The ex-dividend date is Tuesday, March 18th. 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 1.21%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 31.57%.

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.