Tybourne Capital Management HK Ltd. Buys 26,258 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Tybourne Capital Management HK Ltd. raised its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 124.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 47,286 shares of the semiconductor company's stock after buying an additional 26,258 shares during the period. Taiwan Semiconductor Manufacturing makes up about 2.3% of Tybourne Capital Management HK Ltd.'s investment portfolio, making the stock its 13th largest holding. Tybourne Capital Management HK Ltd.'s holdings in Taiwan Semiconductor Manufacturing were worth $9,339,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of TSM. Price T Rowe Associates Inc. MD boosted its position in Taiwan Semiconductor Manufacturing by 67.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,365,404 shares of the semiconductor company's stock worth $2,047,065,000 after acquiring an additional 4,158,772 shares during the period. Jennison Associates LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 72.9% during the fourth quarter. Jennison Associates LLC now owns 6,949,520 shares of the semiconductor company's stock worth $1,372,461,000 after purchasing an additional 2,931,209 shares during the period. FMR LLC grew 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 valued at $11,562,498,000 after purchasing an additional 2,572,488 shares in the last quarter. Franklin Resources Inc. increased its stake in Taiwan Semiconductor Manufacturing by 32.3% in the 4th quarter. Franklin Resources Inc. now owns 8,498,063 shares of the semiconductor company's stock valued at $1,678,283,000 after buying an additional 2,074,329 shares during the period. Finally, Northern Trust Corp increased its stake in Taiwan Semiconductor Manufacturing by 45.2% in the 4th quarter. Northern Trust Corp now owns 6,244,965 shares of the semiconductor company's stock valued at $1,233,318,000 after buying an additional 1,944,328 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 0.1%

Shares of TSM traded down $0.21 during trading hours on Tuesday, hitting $193.29. 7,041,938 shares of the company were exchanged, compared to its average volume of 15,909,641. The firm's 50 day moving average is $168.19 and its 200-day moving average is $187.42. 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 debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a market cap of $1.00 trillion, a PE ratio of 27.46, a PEG ratio of 0.66 and a beta of 1.21.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 EPS for the quarter, beating analysts' consensus estimates of $2.03 by $0.09. The company had revenue of $25.82 billion for the quarter, compared to analyst estimates of $834.10 billion. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS 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. Investors 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 annualized dividend and a yield of 1.34%. Taiwan Semiconductor Manufacturing's payout ratio is 27.76%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TSM. Susquehanna reiterated a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Barclays reissued a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Finally, Needham & Company LLC restated a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average 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.