Cantillon Capital Management LLC Has $594.77 Million Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Cantillon Capital Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,011,664 shares of the semiconductor company’s stock after buying an additional 15,977 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 3.6% of Cantillon Capital Management LLC’s holdings, making the stock its 8th biggest holding. Cantillon Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $594,774,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Reston Wealth Management LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at $25,000. Stonebridge Financial Group LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at $25,000. Roxbury Financial LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at $29,000. Archer Investment Corp increased its position in Taiwan Semiconductor Manufacturing by 48.1% during the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 62 shares during the period. Finally, American Capital Advisory LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at $38,000. 16.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Barclays boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report 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 research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 0.5 %

NYSE:TSM opened at $180.10 on Friday. The firm’s 50-day moving average price is $204.74 and its 200-day moving average price is $191.59. The company has a market capitalization of $934.05 billion, a PE ratio of 25.58, a P/E/G ratio of 0.66 and a beta of 1.06. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $125.78 and a 1-year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping analysts’ consensus estimates 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, equities analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be paid a $0.6855 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a yield of 1.52%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 31.11%.

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.