Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Holdings Lifted by Erste Asset Management GmbH

Erste Asset Management GmbH boosted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 60.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 166,100 shares of the semiconductor company’s stock after buying an additional 62,580 shares during the quarter. Erste Asset Management GmbH’s holdings in Taiwan Semiconductor Manufacturing were worth $33,422,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TSM. Stonebridge Financial Group LLC bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $25,000. Hopwood Financial Services Inc. bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $27,000. Roxbury Financial LLC bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $29,000. Archer Investment Corp boosted its position in shares of Taiwan Semiconductor Manufacturing by 48.1% in 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, OLD Second National Bank of Aurora boosted its position in shares of Taiwan Semiconductor Manufacturing by 169.8% in the 3rd quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 146 shares during the period. Institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Finally, Barclays increased their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 3.5 %

Shares of NYSE TSM opened at $176.92 on Thursday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40. The firm has a market capitalization of $917.56 billion, a PE ratio of 25.13, a PEG ratio of 0.66 and a beta of 1.13. 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 business has a 50-day moving average price of $200.52 and a two-hundred day moving average price of $191.82.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. As a group, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a yield of 1.55%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.68%.

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.