Hhlr Advisors LTD. Raises Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Hhlr Advisors LTD. boosted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 119.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,588 shares of the semiconductor company's stock after buying an additional 23,193 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 0.3% of Hhlr Advisors LTD.'s holdings, making the stock its 21st biggest holding. Hhlr Advisors LTD.'s holdings in Taiwan Semiconductor Manufacturing were worth $8,411,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Mount Yale Investment Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 4.3% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company's stock worth $7,052,000 after acquiring an additional 1,476 shares during the last quarter. McHugh Group LLC bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $605,000. OLD National Bancorp IN raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.1% in the 4th quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company's stock valued at $22,357,000 after acquiring an additional 2,368 shares in the last quarter. Guardian Partners Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth $9,222,000. Finally, Hardman Johnston Global Advisors LLC raised its holdings in shares of 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 buying an additional 26,847 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TSM shares. Susquehanna reaffirmed a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Barclays restated a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Needham & Company LLC reissued a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Finally, StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of "Moderate Buy" and an average price target of $212.00.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM traded up $2.18 on Wednesday, reaching $166.66. The company's stock had a trading volume of 9,948,724 shares, compared to its average volume of 15,761,579. The company has a 50-day simple moving average of $167.00 and a 200 day simple moving average of $188.67. 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 $864.37 billion, a P/E ratio of 23.67, a PEG ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $133.21 and a 52-week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.09. The firm had revenue of $25.82 billion for the quarter, compared to the consensus estimate 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, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.65%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 27.76%.

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.