Bain Capital Public Equity Management II LLC Purchases 71,681 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Bain Capital Public Equity Management II LLC raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 18.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 470,766 shares of the semiconductor company's stock after buying an additional 71,681 shares during the period. Taiwan Semiconductor Manufacturing comprises 4.2% of Bain Capital Public Equity Management II LLC's portfolio, making the stock its 14th biggest position. Bain Capital Public Equity Management II LLC's holdings in Taiwan Semiconductor Manufacturing were worth $92,972,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $25,000. IMG Wealth Management Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $26,000. Hopwood Financial Services Inc. bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $27,000. Roxbury Financial LLC bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $29,000. Finally, Accredited Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $31,000. Institutional investors own 16.51% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TSM shares. Barclays reiterated a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. Finally, Susquehanna reaffirmed a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Moderate Buy" and an average price target of $212.00.

Taiwan Semiconductor Manufacturing Trading Up 3.8 %

NYSE:TSM opened at $179.21 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $133.57 and a twelve month high of $226.40. The company has a market cap of $929.46 billion, a P/E ratio of 25.46, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. The business has a 50 day moving average price of $166.42 and a two-hundred day moving average price of $188.49.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.09. The business had revenue of $25.82 billion for the quarter, compared to the consensus estimate of $834.10 billion. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. As a group, analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS 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 paid a $0.6855 dividend. This is a positive change 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 annualized dividend and a yield of 1.53%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 27.76%.

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.

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