Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is Noked Israel Ltd's 2nd Largest Position

Noked Israel Ltd grew its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 467,900 shares of the semiconductor company's stock after acquiring an additional 5,100 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 18.2% of Noked Israel Ltd's portfolio, making the stock its 2nd largest position. Noked Israel Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $92,406,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Trust Co. of Toledo NA OH acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth $276,000. Wedmont Private Capital grew its stake in shares of Taiwan Semiconductor Manufacturing by 22.9% during the fourth quarter. Wedmont Private Capital now owns 7,725 shares of the semiconductor company's stock worth $1,610,000 after purchasing an additional 1,441 shares in the last quarter. Claro Advisors LLC boosted its stake in Taiwan Semiconductor Manufacturing by 39.2% in the fourth quarter. Claro Advisors LLC now owns 3,989 shares of the semiconductor company's stock valued at $788,000 after acquiring an additional 1,124 shares in the last quarter. Miracle Mile Advisors LLC boosted its stake in Taiwan Semiconductor Manufacturing by 53.8% in the fourth quarter. Miracle Mile Advisors LLC now owns 3,006 shares of the semiconductor company's stock valued at $594,000 after acquiring an additional 1,052 shares in the last quarter. Finally, FNY Investment Advisers LLC boosted its stake in Taiwan Semiconductor Manufacturing by 194.2% in the fourth quarter. FNY Investment Advisers LLC now owns 16,115 shares of the semiconductor company's stock valued at $3,182,000 after acquiring an additional 10,637 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

TSM traded down $0.28 during trading on Friday, reaching $193.94. The company's stock had a trading volume of 9,066,591 shares, compared to its average volume of 15,941,658. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $133.57 and a 52-week high of $226.40. 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 capitalization of $1.01 trillion, a price-to-earnings ratio of 27.55, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. The company's fifty day moving average price is $167.42 and its 200-day moving average price is $187.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. The company had revenue of $25.82 billion during the quarter, compared to analysts' expectations of $834.10 billion. On average, equities analysts forecast 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 issued a $0.6499 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a yield of 1.34%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 27.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on TSM shares. Susquehanna restated a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Barclays reaffirmed a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus 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.