Connable Office Inc. trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 19.4% in the second quarter, Holdings Channel reports. The firm owned 17,319 shares of the semiconductor company’s stock after selling 4,178 shares during the period. Connable Office Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $2,081,000 as of its most recent SEC filing. A number of other large investors have also recently bought and sold shares of TSM. Jennison Associates LLC boosted its position 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 buying an additional 3,839,316 shares during the last quarter. BlackRock Inc. boosted its position 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 buying an additional 2,613,327 shares during the last quarter. Van ECK Associates Corp boosted its position in 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 last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Taiwan Semiconductor Manufacturing by 22.1% during the first 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 purchasing an additional 2,302,444 shares during the last quarter. Finally, Hardman Johnston Global Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 40,884.2% during the first quarter. Hardman Johnston Global Advisors LLC now owns 2,207,000 shares of the semiconductor company’s stock worth $261,044,000 after purchasing an additional 2,201,615 shares during the last quarter. 14.63% of the stock is owned by institutional investors. TSM has been the topic of several research analyst reports. Susquehanna raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and increased their price target for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. Susquehanna Bancshares raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and increased their price target for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. 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. 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 price target on the stock. Finally, 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 target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $127.72. [TSM] traded up $3.18 on Friday, hitting $123.97. 10,311,022 shares of the company’s stock were exchanged, compared to its average volume of 10,485,845. The firm has a market cap of $642.92 billion, a PE ratio of 32.71, a P/E/G ratio of 1.84 and a beta of 0.89. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $76.17 and a twelve month high of $142.20. The stock has a fifty day moving average of $117.15 and a two-hundred day moving average of $118.31. The company has a current ratio of 1.92, a quick ratio of 1.65 and a debt-to-equity ratio of 0.22. 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, hitting the consensus estimate of $0.93. Taiwan Semiconductor Manufacturing had a net margin of 38.14% and a return on equity of 29.17%. The firm had revenue of $372.15 billion for the quarter, compared to analyst estimates of $372.58 billion. During the same quarter in the prior year, the business earned $4.66 earnings per share. Taiwan Semiconductor Manufacturing’s quarterly revenue was up 19.8% on a year-over-year basis. On average, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 EPS for the current year. The company also recently declared a quarterly dividend, which will be paid on Thursday, January 13th. Shareholders of record on Friday, December 17th will be paid a $0.4941 dividend. The ex-dividend date is Thursday, December 16th. This represents a $1.98 annualized dividend and a dividend yield of 1.59%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) 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: What’s a Black Swan? 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) .
