Spotlight Asset Group Inc. grew its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,947 shares of the semiconductor company’s stock after acquiring an additional 114 shares during the period. Spotlight Asset Group Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $354,000 at the end of the most recent quarter. Several other hedge funds also recently made changes to their positions in TSM. Eagle Bay Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter worth approximately $25,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at $28,000. Milestone Resources Group Ltd raised its holdings 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 last quarter. Atlas Private Wealth Advisors raised its holdings in Taiwan Semiconductor Manufacturing by 202.3% during the second quarter. Atlas Private Wealth Advisors now owns 260 shares of the semiconductor company’s stock worth $31,000 after buying an additional 174 shares during the last quarter. Finally, Abundance Wealth Counselors acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter worth $32,000. 16.55% of the stock is owned by institutional investors and hedge funds. TSM stock traded down $3.04 during midday trading on Friday, hitting $117.75. The company’s stock had a trading volume of 10,721,198 shares, compared to its average volume of 10,312,657. The firm has a market capitalization of $610.66 billion, a price-to-earnings ratio of 31.32, a price-to-earnings-growth ratio of 1.90 and a beta of 0.89. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $76.17 and a 12 month high of $142.20. The company has a 50 day moving average of $117.90 and a two-hundred day moving average of $117.45. 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 business also recently declared a quarterly dividend, which will be paid on Thursday, January 13th. Investors of record on Friday, December 17th will be given 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 yield of 1.68%. The ex-dividend date of this dividend is Thursday, December 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 41.59%. TSM has been the subject of several research reports. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Thursday. 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. Susquehanna raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and raised their target price for the company from $85.00 to $105.00 in a research note on Wednesday, June 30th. Morgan Stanley downgraded shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 21st. Finally, Argus began coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 22nd. They set a “buy” rating and a $150.00 price target on the stock. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Hold” and a consensus 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. Further Reading: What’s a Black Swan? 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