AMS Capital Ltda raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 25.7% during the second quarter, HoldingsChannel reports. The firm owned 151,365 shares of the semiconductor company’s stock after purchasing an additional 30,950 shares during the period. Taiwan Semiconductor Manufacturing makes up approximately 2.6% of AMS Capital Ltda’s holdings, making the stock its 17th biggest holding. AMS Capital Ltda’s holdings in Taiwan Semiconductor Manufacturing were worth $18,188,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanders Capital LLC lifted its position in Taiwan Semiconductor Manufacturing by 3.6% in the 2nd quarter. Sanders Capital LLC now owns 40,434,002 shares of the semiconductor company’s stock valued at $5,343,491,000 after acquiring an additional 1,391,488 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of 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 worth $2,374,041,000 after purchasing an additional 168,757 shares in the last quarter. 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 worth $1,880,971,000 after buying 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 worth $1,626,830,000 after buying an additional 2,613,327 shares during the period. Finally, Jennison Associates LLC boosted its holdings in shares of 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 purchasing an additional 3,839,316 shares during the last quarter. Hedge funds and other institutional investors own 14.63% of the company’s stock.
Get Taiwan Semiconductor Manufacturing alerts: A number of analysts recently weighed in on TSM shares. Susquehanna Bancshares raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and increased their price objective for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. Argus assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 22nd. They issued a “buy” rating and a $150.00 target price for the company. Zacks Investment Research downgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “sell” rating in a research note on Tuesday, August 31st. Needham & Company LLC began coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, July 13th. They issued a “buy” rating and a $123.05 price objective for the company. Finally, Morgan Stanley cut shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $127.72.
TSM traded up $3.18 on Monday, reaching $123.97. 10,369,888 shares of the company’s stock were exchanged, compared to its average volume of 10,486,140. The stock has a market cap of $642.92 billion, a PE ratio of 32.97, 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’s fifty day moving average price is $117.30 and its 200-day moving average price is $117.93. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.92 and a quick ratio of 1.65.
Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Wednesday, July 14th. The semiconductor company reported $0.93 earnings per share for the quarter, meeting the consensus estimate of $0.93. The company had revenue of $372.15 billion for the quarter, compared to analyst estimates of $372.58 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.14% and a return on equity of 29.17%. Taiwan Semiconductor Manufacturing’s revenue was up 19.8% on a year-over-year basis. During the same period in the previous year, the business posted $4.66 EPS. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 earnings per share for the current fiscal year.
The firm also recently announced 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. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. This represents a $1.98 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend is Thursday, December 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 41.59%.
Taiwan Semiconductor Manufacturing 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.
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