Banque Transatlantique SA Takes Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Banque Transatlantique SA acquired a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,285 shares of the semiconductor company's stock, valued at approximately $1,456,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Franklin Resources Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 13.2% during the 3rd quarter. Franklin Resources Inc. now owns 6,423,734 shares of the semiconductor company's stock valued at $1,234,706,000 after buying an additional 750,515 shares in the last quarter. GAMMA Investing LLC increased its position in Taiwan Semiconductor Manufacturing by 34.4% in the fourth quarter. GAMMA Investing LLC now owns 8,509 shares of the semiconductor company's stock worth $1,680,000 after purchasing an additional 2,177 shares during the last quarter. Silverleafe Capital Partners LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at $893,000. Capital Market Strategies LLC lifted its position in Taiwan Semiconductor Manufacturing by 8.2% during the fourth quarter. Capital Market Strategies LLC now owns 12,311 shares of the semiconductor company's stock valued at $2,431,000 after purchasing an additional 935 shares during the last quarter. Finally, Fortem Financial Group LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 4.8% in the 4th quarter. Fortem Financial Group LLC now owns 8,985 shares of the semiconductor company's stock worth $1,774,000 after buying an additional 409 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Down 2.3 %

TSM stock traded down $4.04 during trading on Tuesday, hitting $172.36. The company had a trading volume of 13,974,643 shares, compared to its average volume of 15,881,221. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $133.57 and a 52-week high of $226.40. The company has a 50 day simple moving average of $166.05 and a 200-day simple moving average of $188.20. The firm has a market capitalization of $893.95 billion, a P/E ratio of 24.48, a PEG ratio of 0.66 and a beta of 1.21. 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 (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. The firm had revenue of $25.82 billion during the quarter, compared to the consensus estimate of $834.10 billion. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share 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. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This is an increase 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 dividend yield of 1.59%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 27.76%.

Wall Street Analysts Forecast Growth

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

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.