Y.D. More Investments Ltd Has $20.84 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Y.D. More Investments Ltd trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 105,533 shares of the semiconductor company’s stock after selling 4,735 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 1.9% of Y.D. More Investments Ltd’s holdings, making the stock its 14th largest holding. Y.D. More Investments Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $20,843,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. AMF Tjanstepension AB lifted its position in Taiwan Semiconductor Manufacturing by 4.8% in the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after acquiring an additional 70,057 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 16.2% during the third quarter. GAMMA Investing LLC now owns 6,332 shares of the semiconductor company’s stock worth $1,100,000 after buying an additional 884 shares in the last quarter. Azzad Asset Management Inc. ADV lifted its stake in Taiwan Semiconductor Manufacturing by 0.4% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 14,166 shares of the semiconductor company’s stock valued at $2,460,000 after acquiring an additional 63 shares in the last quarter. Fulton Bank N.A. grew its stake in shares of Taiwan Semiconductor Manufacturing by 14.4% during the 3rd quarter. Fulton Bank N.A. now owns 5,251 shares of the semiconductor company’s stock worth $912,000 after acquiring an additional 660 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter worth $10,860,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

TSM opened at $204.21 on Wednesday. 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 company has a market capitalization of $1.06 trillion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 0.69 and a beta of 1.06. The business has a fifty day simple moving average of $202.74 and a 200 day simple moving average of $186.63. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $116.58 and a 1 year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS 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%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current 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 given a $0.5484 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.07%. 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. Taiwan Semiconductor Manufacturing’s payout ratio is presently 27.27%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TSM shares. Barclays increased 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. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Finally, Needham & Company LLC reiterated 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 research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus 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.