4,540 Shares in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) Acquired by Mizuho Securities Co. Ltd.

Mizuho Securities Co. Ltd. bought a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 4,540 shares of the semiconductor company's stock, valued at approximately $754,000. Taiwan Semiconductor Manufacturing accounts for approximately 8.9% of Mizuho Securities Co. Ltd.'s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of TSM. Guardian Partners Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $9,222,000. Hardman Johnston Global Advisors LLC lifted its position in Taiwan Semiconductor Manufacturing by 7.6% during the 4th quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company's stock valued at $75,329,000 after acquiring an additional 26,847 shares during the period. Pinnacle Investment Management Ltd purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $26,661,000. Alphinity Investment Management Pty Ltd purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $349,241,000. Finally, North of South Capital LLP lifted its position in Taiwan Semiconductor Manufacturing by 15.8% during the 4th quarter. North of South Capital LLP now owns 516,404 shares of the semiconductor company's stock valued at $101,985,000 after acquiring an additional 70,362 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 1.8%

NYSE:TSM traded down $3.79 on Friday, reaching $209.71. 16,972,929 shares of the stock traded hands, compared to its average volume of 15,546,721. The company has a market capitalization of $1.09 trillion, a price-to-earnings ratio of 26.96, a PEG ratio of 1.08 and a beta of 1.27. The company has a current ratio of 2.39, a quick ratio of 2.18 and a debt-to-equity ratio of 0.22. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $133.57 and a 12 month high of $226.40. The company's fifty day simple moving average is $186.25 and its 200 day simple moving average is $189.51.

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, topping analysts' consensus estimates of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 41.67% and a return on equity of 31.43%. The firm had revenue of $25.82 billion during the quarter, compared to analyst estimates of $834.10 billion. Equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 16th will be issued a $0.6499 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Tuesday, September 16th. Taiwan Semiconductor Manufacturing's payout ratio is 30.59%.

Analyst Ratings Changes

TSM has been the subject of a number of recent research reports. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Barclays restated an "overweight" rating and set a $240.00 price objective (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Susquehanna raised their price objective on shares of Taiwan Semiconductor Manufacturing from $250.00 to $255.00 and gave the company a "positive" rating in a research note on Tuesday. Finally, Needham & Company LLC restated a "buy" rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $222.50.

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.