University of Texas Texas AM Investment Management Co. Has $3.51 Million Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

University of Texas Texas AM Investment Management Co. grew its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 109.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,762 shares of the semiconductor company's stock after purchasing an additional 9,267 shares during the quarter. University of Texas Texas AM Investment Management Co.'s holdings in Taiwan Semiconductor Manufacturing were worth $3,508,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tallon Kerry Patrick acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $228,000. LaFleur & Godfrey LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $221,000. Beaumont Financial Advisors LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 11.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,362 shares of the semiconductor company's stock valued at $269,000 after purchasing an additional 137 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 16.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,117 shares of the semiconductor company's stock valued at $419,000 after purchasing an additional 300 shares in the last quarter. Finally, XML Financial LLC grew its stake in Taiwan Semiconductor Manufacturing by 2.0% during the fourth quarter. XML Financial LLC now owns 2,660 shares of the semiconductor company's stock worth $525,000 after purchasing an additional 53 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 2.4%

Shares of NYSE:TSM opened at $196.43 on Friday. 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 Company Limited has a 52-week low of $133.57 and a 52-week high of $226.40. The business's 50 day simple moving average is $168.94 and its two-hundred day simple moving average is $187.49. The firm has a market cap of $1.02 trillion, a P/E ratio of 27.90, a PEG ratio of 0.66 and a beta of 1.21.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.03 by $0.09. The company had revenue of $25.82 billion for 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%. As a group, 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 disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Tuesday, September 16th will be issued a dividend of $0.6499 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Tuesday, September 16th. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 27.76%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TSM. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Barclays reiterated a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday. Needham & Company LLC reissued a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. Finally, Susquehanna restated a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price 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.

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