Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 24.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 697,460 shares of the semiconductor company's stock after buying an additional 139,208 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Taiwan Semiconductor Manufacturing were worth $137,741,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Oriental Harbor Investment Fund acquired a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $32,743,000. Private Client Services LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at $201,000. Legacy Private Trust Co. lifted its position in Taiwan Semiconductor Manufacturing by 69.1% during the fourth quarter. Legacy Private Trust Co. now owns 2,785 shares of the semiconductor company's stock worth $550,000 after buying an additional 1,138 shares during the period. ST Germain D J Co. Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 0.7% in the 4th quarter. ST Germain D J Co. Inc. now owns 9,339 shares of the semiconductor company's stock worth $1,844,000 after buying an additional 61 shares during the last quarter. Finally, Highline Wealth Partners LLC grew its holdings in Taiwan Semiconductor Manufacturing by 26.2% in the 4th quarter. Highline Wealth Partners LLC now owns 1,190 shares of the semiconductor company's stock valued at $235,000 after buying an additional 247 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Susquehanna reissued a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Barclays reissued a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Finally, Needham & Company LLC reissued a "buy" rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $212.00.

Taiwan Semiconductor Manufacturing Stock Up 0.8 %

Shares of NYSE:TSM traded up $1.43 during midday trading on Friday, hitting $176.65. 11,563,400 shares of the company's stock traded hands, compared to its average volume of 15,900,175. The firm's fifty day moving average price is $165.73 and its two-hundred day moving average price is $187.66. 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 twelve month low of $133.57 and a twelve month high of $226.40. The company has a market cap of $916.18 billion, a PE ratio of 25.09, a P/E/G ratio of 0.66 and a beta of 1.21.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The semiconductor company reported $2.12 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%. On average, 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 company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. The ex-dividend date is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.55%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 27.76%.

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.