Advisor Partners LLC increased its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,868 shares of the semiconductor company’s stock after purchasing an additional 671 shares during the quarter. Advisor Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $6,372,000 as of its most recent SEC filing. Other large investors also recently made changes to their positions in the company. Manchester Financial Inc. acquired a new position in Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $30,000. Cranbrook Wealth Management LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $30,000. Abundance Wealth Counselors purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $32,000. Thomas J. Herzfeld Advisors Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 51.9% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 284 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 97 shares in the last quarter. Finally, Better Money Decisions LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $36,000. 17.19% of the stock is owned by institutional investors. Several brokerages recently commented on TSM. Zacks Investment Research cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, July 17th. Susquehanna upgraded Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their target price for the company from $85.00 to $105.00 in a report on Wednesday, June 30th. Needham & Company LLC assumed coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, July 13th. They issued a “buy” rating and a $123.05 target price for the company. Susquehanna Bancshares upgraded Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their target price for the company from $85.00 to $105.00 in a report on Wednesday, June 30th. Finally, Argus initiated coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 22nd. They issued a “buy” rating and a $150.00 price target on the stock. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $127.72. [NYSE TSM] traded up $1.43 during trading hours on Wednesday, hitting $114.97. 313,166 shares of the company were exchanged, compared to its average volume of 11,009,947. The company’s 50 day simple moving average is $117.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.49 and a current ratio of 1.72. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $75.98 and a 52-week high of $142.20. The firm has a market capitalization of $596.24 billion, a price-to-earnings ratio of 30.20, a price-to-earnings-growth ratio of 1.81 and a beta of 0.90. Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Wednesday, July 14th. The semiconductor company reported $0.93 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.93. Taiwan Semiconductor Manufacturing had a return on equity of 29.87% and a net margin of 38.14%. The company had revenue of $372.15 billion for the quarter, compared to the consensus estimate of $372.58 billion. During the same quarter in the prior year, the business earned $4.66 EPS. Taiwan Semiconductor Manufacturing’s revenue was up 19.8% on a year-over-year basis. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 EPS for the current fiscal year. The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 14th. Stockholders of record on Friday, September 17th will be issued a $0.3917 dividend. The ex-dividend date of this dividend is Thursday, September 16th. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.36%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.35. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 41.59%. Taiwan Semiconductor Manufacturing Company 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. Featured Article: Understanding dividend yield and dividend payout ratio Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with [MarketBeat.com's FREE daily email newsletter](/daily-email-updates-basic/?symbol=NYSE:TSM&c=Taiwan+Semiconductor+Manufacturing) .