Alliance Wealth Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 7.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,032 shares of the semiconductor company’s stock after purchasing an additional 143 shares during the quarter. Alliance Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $244,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors have also modified their holdings of the company. Jennison Associates LLC increased its stake 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 valued at $1,600,868,000 after buying an additional 3,839,316 shares during the period. BlackRock Inc. boosted its stake 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 valued at $1,626,830,000 after purchasing an additional 2,613,327 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Taiwan Semiconductor Manufacturing by 55.2% during 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 purchasing an additional 2,570,257 shares during the period. Price T Rowe Associates Inc. MD raised 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 worth $1,505,798,000 after buying an additional 2,302,444 shares in the last quarter. Finally, Hardman Johnston Global Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 40,884.2% in the first 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. Institutional investors and hedge funds own 17.19% of the company’s stock. Several equities analysts have recently weighed in on TSM shares. Zacks Investment Research lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, July 17th. Susquehanna raised Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their price target for the company from $85.00 to $105.00 in a report on Wednesday, June 30th. Morgan Stanley downgraded Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 21st. Susquehanna Bancshares raised Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and boosted their target price for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. Finally, Atlantic Securities assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Monday, April 19th. They issued a “neutral” rating for the company. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Taiwan Semiconductor Manufacturing presently has a consensus rating of “Hold” and an average price target of $127.72. [NYSE TSM] traded down $0.20 during trading on Friday, reaching $115.50. 4,563,785 shares of the company’s stock were exchanged, compared to its average volume of 10,539,801. The company has a market capitalization of $598.99 billion, a price-to-earnings ratio of 30.72, a PEG ratio of 1.81 and a beta of 0.89. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $75.98 and a fifty-two week high of $142.20. 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 price of $117.80. Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Wednesday, July 14th. The semiconductor company reported $0.93 EPS for the quarter, hitting the consensus estimate of $0.93. The business had revenue of $372.15 billion during the quarter, compared to analysts’ expectations of $372.58 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.14% and a return on equity of 29.87%. The firm’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same period last year, the company posted $4.66 earnings per share. As a group, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 earnings per share for the current fiscal year. The business also recently declared a quarterly dividend, which will be paid on Thursday, January 13th. Stockholders of record on Friday, December 17th will be issued a dividend of $0.4941 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. This represents a $1.98 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Thursday, December 16th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 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. Read More: Elliott Wave Theory 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). 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) .
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