Spotlight Asset Group Inc. increased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.0% in the second quarter, Holdings Channel reports. The firm owned 2,947 shares of the semiconductor company’s stock after purchasing an additional 114 shares during the quarter. Spotlight Asset Group Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $354,000 as of its most recent SEC filing. A number of other hedge funds also recently modified their holdings of TSM. Eagle Bay Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $25,000. LFA Lugano Financial Advisors SA bought a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $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 purchasing an additional 87 shares in 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 purchasing an additional 174 shares in the last quarter. Finally, Abundance Wealth Counselors bought a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at $32,000. Institutional investors own 16.55% of the company’s stock. Taiwan Semiconductor Manufacturing stock traded down $3.04 during mid-day trading on Friday, reaching $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 business’s 50 day simple moving average is $117.90 and its 200 day simple moving average is $117.45. 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 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. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.65 and a current ratio of 1.92. The firm 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 dividend of $0.4941 per share. The ex-dividend date of this dividend is Thursday, December 16th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. This represents a $1.98 annualized dividend and a dividend yield of 1.68%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 41.59%. TSM has been the topic of several recent analyst reports. 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 target price on the stock. Susquehanna Bancshares upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their price objective for the stock from $85.00 to $105.00 in a report on Wednesday, June 30th. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Thursday. Susquehanna raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and boosted their target price for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. Finally, Morgan Stanley lowered shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 21st. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $127.72. 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. Further Reading: How is net asset value different from market price? 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). 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