Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Bwcp LP

Bwcp LP decreased its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 7.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,865 shares of the semiconductor company's stock after selling 8,122 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 4.0% of Bwcp LP's holdings, making the stock its 12th largest position. Bwcp LP's holdings in Taiwan Semiconductor Manufacturing were worth $18,735,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSM. FMR LLC raised its position in Taiwan Semiconductor Manufacturing by 4.6% during the fourth quarter. FMR LLC now owns 58,547,257 shares of the semiconductor company's stock worth $11,562,498,000 after acquiring an additional 2,572,488 shares during the period. Sanders Capital LLC lifted its stake in Taiwan Semiconductor Manufacturing by 0.6% in the 4th quarter. Sanders Capital LLC now owns 41,877,457 shares of the semiconductor company's stock valued at $8,270,379,000 after buying an additional 231,310 shares in the last quarter. Capital World Investors boosted its holdings in Taiwan Semiconductor Manufacturing by 0.8% in the 4th quarter. Capital World Investors now owns 35,602,400 shares of the semiconductor company's stock worth $7,031,632,000 after buying an additional 294,316 shares during the last quarter. Capital International Investors lifted its position in shares of Taiwan Semiconductor Manufacturing by 8.2% in the fourth quarter. Capital International Investors now owns 22,210,222 shares of the semiconductor company's stock valued at $4,391,957,000 after acquiring an additional 1,683,256 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of Taiwan Semiconductor Manufacturing by 6.0% in the fourth quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company's stock worth $3,829,757,000 after acquiring an additional 1,102,166 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Up 3.8 %

Shares of NYSE TSM traded up $6.49 during midday trading on Friday, reaching $179.21. 21,671,640 shares of the stock were exchanged, compared to its average volume of 15,862,342. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $133.57 and a twelve month high of $226.40. The stock has a market capitalization of $929.46 billion, a P/E ratio of 25.46, a PEG ratio of 0.66 and a beta of 1.21. The company has a 50 day simple moving average of $166.42 and a 200 day simple moving average of $188.49. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 EPS for the quarter, beating the consensus estimate of $2.03 by $0.09. The business had revenue of $25.82 billion for the quarter, compared to analyst estimates 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, equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared 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 is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.53%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 27.76%.

Wall Street Analysts Forecast Growth

TSM has been the topic of a number of research reports. Barclays restated a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Susquehanna reiterated a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Finally, Needham & Company LLC restated a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $212.00.

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.