Stonnington Group LLC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,760 shares of the semiconductor company’s stock, valued at approximately $1,489,000. A number of other large investors also recently made changes to their positions in the stock. Jennison Associates LLC grew its holdings in Taiwan Semiconductor Manufacturing by 39.6% during the 1st quarter. Jennison Associates LLC now owns 13,534,561 shares of the semiconductor company’s stock worth $1,600,868,000 after acquiring an additional 3,839,316 shares during the period. BlackRock Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 23.5% during the 1st quarter. BlackRock Inc. now owns 13,754,055 shares of the semiconductor company’s stock worth $1,626,830,000 after acquiring an additional 2,613,327 shares during the period. Van ECK Associates Corp grew its stake in shares of Taiwan Semiconductor Manufacturing by 55.2% in the 1st quarter. Van ECK Associates Corp now owns 7,227,419 shares of the semiconductor company’s stock valued at $854,859,000 after buying an additional 2,570,257 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Taiwan Semiconductor Manufacturing by 22.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,730,800 shares of the semiconductor company’s stock valued at $1,505,798,000 after buying an additional 2,302,444 shares during the period. Finally, Hardman Johnston Global Advisors LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 40,884.2% in the 1st quarter. Hardman Johnston Global Advisors LLC now owns 2,207,000 shares of the semiconductor company’s stock valued at $261,044,000 after buying an additional 2,201,615 shares during the period. 17.19% of the stock is owned by institutional investors and hedge funds. A number of equities analysts have issued reports on TSM shares. Morgan Stanley downgraded Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 21st. Needham & Company LLC started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, July 13th. They set a “buy” rating and a $123.05 price target for the company. Susquehanna upgraded Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and lifted their price target for the company from $85.00 to $105.00 in a research note on Wednesday, June 30th. Argus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 22nd. They set a “buy” rating and a $150.00 target price on the stock. Finally, Zacks Investment Research cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, July 17th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Taiwan Semiconductor Manufacturing currently has an average rating of “Buy” and an average price target of $127.72. [Taiwan Semiconductor Manufacturing stock] traded down $2.02 during mid-day trading on Tuesday, reaching $113.63. The company’s stock had a trading volume of 87,476 shares, compared to its average volume of 8,738,702. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $75.98 and a 12-month high of $142.20. The firm has a market cap of $589.29 billion, a P/E ratio of 31.06, a P/E/G ratio of 1.81 and a beta of 0.90. The company has a quick ratio of 1.49, a current ratio of 1.72 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average of $117.44. Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Wednesday, July 14th. The semiconductor company reported $0.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.93. The business had revenue of $372.15 billion during the quarter, compared to analyst estimates of $372.58 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.14% and a return on equity of 29.87%. Taiwan Semiconductor Manufacturing’s revenue was up 19.8% compared to the same quarter last year. During the same period in the previous year, the business earned $4.66 EPS. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 EPS for the current fiscal year. The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 14th. Shareholders of record on Friday, September 17th will be paid a $0.3917 dividend. The ex-dividend date of this dividend is Thursday, September 16th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.35. This represents a $1.57 annualized dividend and a yield of 1.38%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 41.59%. Taiwan Semiconductor Manufacturing Profile Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products; information applications; wired and wireless communications systems products; automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. Read More: What is Cost of Goods Sold (COGS)? Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). 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