Compagnie Lombard Odier SCmA Raises Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Compagnie Lombard Odier SCmA lifted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 2.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,168 shares of the semiconductor company's stock after acquiring an additional 2,749 shares during the quarter. Compagnie Lombard Odier SCmA's holdings in Taiwan Semiconductor Manufacturing were worth $19,616,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Stonebridge Financial Group LLC purchased a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth about $25,000. IMG Wealth Management Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $26,000. Hopwood Financial Services Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $27,000. City Holding Co. boosted its stake in Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 119 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter valued at approximately $29,000. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock traded up $1.24 during trading hours on Thursday, reaching $215.34. 9,769,787 shares of the company's stock were exchanged, compared to its average volume of 15,745,808. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $133.57 and a 1 year high of $226.40. The company has a market capitalization of $1.12 trillion, a P/E ratio of 30.59, a price-to-earnings-growth ratio of 0.66 and a beta of 1.27. The business has a fifty day moving average of $177.44 and a two-hundred day moving average of $188.32. 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 announced 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 for the quarter, compared to analysts' expectations of $834.10 billion. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 16th will be paid a dividend of $0.6499 per share. The ex-dividend date is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a yield of 1.21%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 30.46%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on TSM shares. Susquehanna reaffirmed a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Needham & Company LLC reaffirmed a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Finally, Barclays reissued an "overweight" rating and issued a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $217.00.

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.