North of South Capital LLP Has $101.99 Million Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

North of South Capital LLP boosted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 15.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 516,404 shares of the semiconductor company's stock after acquiring an additional 70,362 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for approximately 12.4% of North of South Capital LLP's portfolio, making the stock its 2nd largest holding. North of South Capital LLP's holdings in Taiwan Semiconductor Manufacturing were worth $101,985,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $25,000. Reston Wealth Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the third quarter valued at about $25,000. Roxbury Financial LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $29,000. Archer Investment Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing by 48.1% in the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company's stock worth $33,000 after buying an additional 62 shares during the period. Finally, Endeavor Private Wealth Inc. purchased a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $40,000. Institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Finally, Barclays upped their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 2.7 %

Shares of TSM traded down $5.35 during trading hours on Monday, reaching $192.89. 10,481,927 shares of the company traded hands, compared to its average volume of 16,991,518. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $125.78 and a 12 month high of $226.40. The company has a market capitalization of $1.00 trillion, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06. The company's fifty day moving average price is $205.80 and its two-hundred day moving average price is $191.07. 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 posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a $0.6855 dividend. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a yield of 1.42%. Taiwan Semiconductor Manufacturing's dividend payout ratio is 31.11%.

Taiwan Semiconductor Manufacturing Company 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.