Daiwa Securities Group Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 69,951 shares of the semiconductor company’s stock, valued at approximately $8,404,000. A number of other hedge funds have also bought and sold shares of TSM. Eagle Bay Advisors LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $25,000. LFA Lugano Financial Advisors SA purchased a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $28,000. Manchester Financial Inc. purchased a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth approximately $30,000. Cranbrook Wealth Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth approximately $30,000. Finally, Milestone Resources Group Ltd increased its position in Taiwan Semiconductor Manufacturing by 54.4% during the second quarter. Milestone Resources Group Ltd now owns 247 shares of the semiconductor company’s stock worth $30,000 after buying an additional 87 shares during the period. Hedge funds and other institutional investors own 14.63% of the company’s stock. Shares of NYSE:TSM traded up $0.76 during trading on Thursday, reaching $121.22. The company had a trading volume of 170,196 shares, compared to its average volume of 10,508,380. The firm has a market capitalization of $628.66 billion, a price-to-earnings ratio of 32.04, a price-to-earnings-growth ratio of 1.84 and a beta of 0.89. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.92 and a quick ratio of 1.65. The stock’s fifty day moving average price is $117.08 and its 200 day moving average price is $118.29. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $76.17 and a fifty-two week high of $142.20. The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 13th. Investors of record on Friday, December 17th will be paid a $0.4941 dividend. The ex-dividend date is Thursday, December 16th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. This represents a $1.98 dividend on an annualized basis and a dividend yield of 1.63%. Taiwan Semiconductor Manufacturing’s payout ratio is 41.59%. Several research analysts have commented on the company. Morgan Stanley lowered 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 lifted their price target for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. Zacks Investment Research lowered Taiwan Semiconductor Manufacturing from a “hold” rating to a “sell” rating in a research report on Tuesday. Needham & Company LLC assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, July 13th. They set a “buy” rating and a $123.05 price target on the stock. Finally, Argus initiated coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 22nd. They set a “buy” rating and a $150.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $127.72. About Taiwan Semiconductor Manufacturing 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 Story: What is the Beige Book? 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) .