Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Warther Private Wealth LLC

Warther Private Wealth LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 63.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 130,007 shares of the semiconductor company's stock after purchasing an additional 50,606 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for approximately 7.1% of Warther Private Wealth LLC's portfolio, making the stock its 5th biggest position. Warther Private Wealth LLC's holdings in Taiwan Semiconductor Manufacturing were worth $21,581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Keystone Wealth Services LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 58.9% during the 1st quarter. Keystone Wealth Services LLC now owns 1,808 shares of the semiconductor company's stock worth $300,000 after purchasing an additional 670 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its holdings in Taiwan Semiconductor Manufacturing by 2.0% during the 1st quarter. Bank Pictet & Cie Europe AG now owns 456,647 shares of the semiconductor company's stock valued at $75,803,000 after acquiring an additional 8,846 shares during the period. Brighton Jones LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 4.4% during the 1st quarter. Brighton Jones LLC now owns 11,414 shares of the semiconductor company's stock valued at $1,895,000 after acquiring an additional 484 shares during the period. Exchange Traded Concepts LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 17.3% during the 1st quarter. Exchange Traded Concepts LLC now owns 65,828 shares of the semiconductor company's stock valued at $10,927,000 after acquiring an additional 9,731 shares during the period. Finally, BayBridge Capital Group LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter valued at about $1,491,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $211.07 on Monday. The stock has a 50-day simple moving average of $180.24 and a 200-day simple moving average of $188.82. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The stock has a market capitalization of $1.09 trillion, a PE ratio of 29.98, a PEG ratio of 0.66 and a beta of 1.27. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $133.57 and a 1 year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.09. The business had revenue of $25.82 billion during the quarter, compared to analysts' expectations of $834.10 billion. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. On average, 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 announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.6499 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Tuesday, September 16th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 30.46%.

Wall Street Analyst Weigh In

TSM has been the subject of a number of research analyst reports. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Barclays restated an "overweight" rating and set a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. 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. Finally, Susquehanna restated a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently 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.

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