Deutsche Bank AG lessened its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,829,457 shares of the semiconductor company’s stock after selling 76,227 shares during the quarter. Deutsche Bank AG’s holdings in Taiwan Semiconductor Manufacturing were worth $219,827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sanders Capital LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 3.6% during the 2nd quarter. Sanders Capital LLC now owns 40,434,002 shares of the semiconductor company’s stock worth $5,343,491,000 after acquiring an additional 1,391,488 shares in the last quarter. Vontobel Holding Ltd. grew its position in Taiwan Semiconductor Manufacturing by 0.8% during 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 during the last quarter. Fiera Capital Corp grew its position in Taiwan Semiconductor Manufacturing by 0.6% during the 1st quarter. Fiera Capital Corp now owns 15,902,700 shares of the semiconductor company’s stock worth $1,880,971,000 after purchasing an additional 93,751 shares during the last quarter. BlackRock Inc. grew its position in Taiwan Semiconductor Manufacturing by 23.5% during the 1st quarter. BlackRock Inc. now owns 13,754,055 shares of the semiconductor company’s stock worth $1,626,830,000 after purchasing an additional 2,613,327 shares during the last quarter. Finally, Jennison Associates LLC grew its position in 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 worth $1,600,868,000 after purchasing an additional 3,839,316 shares during the last quarter. Hedge funds and other institutional investors own 16.55% of the company’s stock.

TSM opened at $114.96 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.92 and a quick ratio of 1.65. The firm has a fifty day moving average price of $117.56 and a 200 day moving average price of $117.36. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $76.17 and a 1 year high of $142.20. The stock has a market cap of $596.19 billion, a P/E ratio of 30.57, a P/E/G ratio of 1.90 and a beta of 0.89.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Wednesday, July 14th. The semiconductor company reported $0.93 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.93. The company had revenue of $372.15 billion during the quarter, compared to analysts’ expectations of $372.58 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.14% and a return on equity of 29.17%. The firm’s revenue for the quarter was up 19.8% on a year-over-year basis. During the same period in the prior year, the business posted $4.66 earnings per share. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 13th. Shareholders of record on Friday, December 17th will be given a dividend of $0.4941 per share. The ex-dividend date of this dividend is Thursday, December 16th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. This represents a $1.98 dividend on an annualized basis and a yield of 1.72%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 46.31%.

Several analysts have weighed in on TSM shares. Susquehanna Bancshares 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. Argus started coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 22nd. They issued a “buy” rating and a $150.00 price objective on the stock. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Thursday, September 16th. Needham & Company LLC started 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 on the stock. Finally, Morgan Stanley downgraded shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a report on Monday, June 21st. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average 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.

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