Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Pathstone Holdings LLC

Pathstone Holdings LLC lifted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 160,929 shares of the semiconductor company's stock after purchasing an additional 3,738 shares during the quarter. Pathstone Holdings LLC's holdings in Taiwan Semiconductor Manufacturing were worth $31,809,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. MY.Alpha Management HK Advisors Ltd boosted its stake in Taiwan Semiconductor Manufacturing by 109.9% during the fourth quarter. MY.Alpha Management HK Advisors Ltd now owns 103,980 shares of the semiconductor company's stock worth $20,535,000 after buying an additional 54,438 shares during the period. Newbrook Capital Advisors LP bought a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth $36,285,000. Nicholas Investment Partners LP lifted its position in shares of Taiwan Semiconductor Manufacturing by 3.3% during the fourth quarter. Nicholas Investment Partners LP now owns 22,644 shares of the semiconductor company's stock worth $4,472,000 after purchasing an additional 714 shares during the last quarter. Noked Israel Ltd lifted its position in shares of Taiwan Semiconductor Manufacturing by 1.1% during the fourth quarter. Noked Israel Ltd now owns 467,900 shares of the semiconductor company's stock worth $92,406,000 after purchasing an additional 5,100 shares during the last quarter. Finally, Northeast Financial Consultants Inc lifted its position in shares of Taiwan Semiconductor Manufacturing by 4.0% during the fourth quarter. Northeast Financial Consultants Inc now owns 8,846 shares of the semiconductor company's stock worth $1,747,000 after purchasing an additional 342 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 0.1%

Shares of TSM stock traded down $0.28 on Friday, hitting $193.94. The stock had a trading volume of 9,066,591 shares, compared to its average volume of 15,908,696. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average price of $166.96 and a 200 day moving average price of $187.47. The company has a market cap of $1.01 trillion, a PE ratio of 27.55, a P/E/G ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $133.57 and a one year high of $226.40.

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

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 16th will be paid a $0.6499 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 annualized dividend and a yield of 1.34%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 27.76%.

Wall Street Analyst Weigh In

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

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.