Cypress Asset Management Inc. TX lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 23,091 shares of the semiconductor company’s stock after buying an additional 426 shares during the quarter. Cypress Asset Management Inc. TX’s holdings in Taiwan Semiconductor Manufacturing were worth $2,775,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds also recently modified their holdings of TSM. Vontobel Holding Ltd. boosted its holdings in Taiwan Semiconductor Manufacturing by 0.8% in the 1st quarter. Vontobel Holding Ltd. now owns 20,071,365 shares of the semiconductor company’s stock valued at $2,374,041,000 after purchasing an additional 168,757 shares during the period. Fiera Capital Corp boosted its holdings in Taiwan Semiconductor Manufacturing by 0.6% in the 1st quarter. Fiera Capital Corp now owns 15,902,700 shares of the semiconductor company’s stock valued at $1,880,971,000 after purchasing an additional 93,751 shares during the period. BlackRock Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 23.5% in 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 during the period. Jennison Associates LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 39.6% in 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 purchasing an additional 3,839,316 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Taiwan Semiconductor Manufacturing by 22.1% during 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 in the last quarter. Institutional investors own 14.63% of the company’s stock. Shares of TSM stock traded up $0.88 during mid-day trading on Monday, reaching $119.37. The stock had a trading volume of 411,937 shares, compared to its average volume of 10,493,879. The company has a 50-day moving average price of $116.80. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $76.17 and a 52-week high of $142.20. The company has a market capitalization of $619.06 billion, a price-to-earnings ratio of 31.51, a PEG ratio of 1.67 and a beta of 0.89. The company has a quick ratio of 1.65, a current ratio of 1.92 and a debt-to-equity ratio of 0.22. The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 13th. Investors of record on Friday, December 17th will be paid a dividend of $0.4941 per share. The ex-dividend date is Thursday, December 16th. This represents a $1.98 annualized dividend and a yield of 1.66%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. Taiwan Semiconductor Manufacturing’s payout ratio is presently 41.59%. TSM has been the topic of several research reports. Susquehanna upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and raised their price objective for the company from $85.00 to $105.00 in a research report on Wednesday, June 30th. Susquehanna Bancshares upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and raised their price objective for the company from $85.00 to $105.00 in a research report on Wednesday, June 30th. Needham & Company LLC assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, July 13th. They set a “buy” rating and a $123.05 price objective on the stock. Morgan Stanley cut shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 21st. Finally, Argus assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 22nd. They issued a “buy” rating and a $150.00 target price on the stock. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $127.72. 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. See Also: What is a stock portfolio tracker? 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 analysts' ratings for Taiwan Semiconductor Manufacturing and related companies daily email newsletter](/daily-email-updates-basic/?symbol=NYSE:TSM&c=Taiwan+Semiconductor+Manufacturing) .