Banque Cantonale Vaudoise reduced its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 23.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,754 shares of the semiconductor company’s stock after selling 10,231 shares during the period. Banque Cantonale Vaudoise’s holdings in Taiwan Semiconductor Manufacturing were worth $3,935,000 at the end of the most recent reporting period. A number of other institutional investors have also made changes to their positions in the stock. Milestone Resources Group Ltd lifted its stake in Taiwan Semiconductor Manufacturing by 54.4% in the 2nd quarter. Milestone Resources Group Ltd now owns 247 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 87 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. lifted its stake in Taiwan Semiconductor Manufacturing by 7.5% in the 2nd quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 1,290 shares of the semiconductor company’s stock worth $155,000 after acquiring an additional 90 shares in the last quarter. Winch Advisory Services LLC lifted its stake in Taiwan Semiconductor Manufacturing by 53.6% in the 2nd quarter. Winch Advisory Services LLC now owns 275 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 96 shares in the last quarter. Cloverfields Capital Group LP lifted its stake in Taiwan Semiconductor Manufacturing by 1.8% in the 1st quarter. Cloverfields Capital Group LP now owns 5,386 shares of the semiconductor company’s stock worth $637,000 after acquiring an additional 97 shares in the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 51.9% during the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 284 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 97 shares in the last quarter. 16.55% of the stock is owned by hedge funds and other institutional investors. A number of equities research analysts have recently weighed in on the company. Susquehanna Bancshares raised Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and raised their price target for the stock from $85.00 to $105.00 in a research note on Wednesday, June 30th. Morgan Stanley downgraded Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 21st. Zacks Investment Research raised Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research note on Thursday. Needham & Company LLC assumed coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, July 13th. They set a “buy” rating and a $123.05 price target for the company. Finally, Susquehanna raised Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and raised their price target for the stock from $85.00 to $105.00 in a research note on Wednesday, June 30th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Hold” and an average price target of $127.72. [NYSE TSM] traded down $3.04 during mid-day trading on Friday, reaching $117.75. 10,721,198 shares of the company traded hands, compared to its average volume of 10,312,657. 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 stock has a market cap of $610.66 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 1.90 and a beta of 0.89. The company’s fifty day moving average is $117.90 and its two-hundred day moving average is $117.45. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $76.17 and a fifty-two week high of $142.20. Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Wednesday, July 14th. The semiconductor company reported $0.93 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.93. The business had revenue of $372.15 billion for the quarter, compared to analyst estimates of $372.58 billion. Taiwan Semiconductor Manufacturing had a return on equity of 29.17% and a net margin of 38.14%. The firm’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.66 EPS. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 earnings per share for the current year. The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 13th. Shareholders of record on Friday, December 17th will be issued a $0.4941 dividend. The ex-dividend date is Thursday, December 16th. This represents a $1.98 dividend on an annualized basis and a yield of 1.68%. 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 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. 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