Natixis Has $44.90 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Natixis boosted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 414.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 227,351 shares of the semiconductor company's stock after purchasing an additional 183,140 shares during the period. Natixis' holdings in Taiwan Semiconductor Manufacturing were worth $44,900,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Research Global Investors lifted its stake in Taiwan Semiconductor Manufacturing by 1.0% in the 4th quarter. Capital Research Global Investors now owns 1,735,432 shares of the semiconductor company's stock valued at $342,898,000 after acquiring an additional 17,288 shares in the last quarter. Capital World Investors lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.8% in the fourth quarter. Capital World Investors now owns 35,602,400 shares of the semiconductor company's stock worth $7,031,632,000 after purchasing an additional 294,316 shares in the last quarter. Dnca Finance boosted its holdings in Taiwan Semiconductor Manufacturing by 6.2% during the fourth quarter. Dnca Finance now owns 164,030 shares of the semiconductor company's stock worth $32,394,000 after purchasing an additional 9,530 shares during the last quarter. Forum Financial Management LP grew its position in Taiwan Semiconductor Manufacturing by 10.1% in the fourth quarter. Forum Financial Management LP now owns 1,425 shares of the semiconductor company's stock valued at $281,000 after purchasing an additional 131 shares in the last quarter. Finally, GeoWealth Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 6.5% during the 4th quarter. GeoWealth Management LLC now owns 13,846 shares of the semiconductor company's stock worth $2,734,000 after buying an additional 851 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock traded up $6.60 during mid-day trading on Wednesday, reaching $158.00. The company had a trading volume of 12,311,959 shares, compared to its average volume of 15,726,258. The company has a market cap of $819.45 billion, a P/E ratio of 22.44, a P/E/G ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $128.86 and a fifty-two week high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $171.56 and a 200 day simple moving average of $189.66.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced 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. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. The firm had revenue of $25.82 billion for the quarter, compared to analyst estimates of $834.10 billion. On average, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a $0.6855 dividend. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.74%. 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. Taiwan Semiconductor Manufacturing's payout ratio is 27.76%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on TSM shares. Barclays decreased their price target on Taiwan Semiconductor Manufacturing from $255.00 to $215.00 and set an "overweight" rating for the company in a research note on Monday. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Needham & Company LLC restated a "buy" rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. Finally, Susquehanna dropped their price objective on Taiwan Semiconductor Manufacturing from $265.00 to $250.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently 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.