Menard Financial Group LLC grew its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 27.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,684 shares of the semiconductor company’s stock after buying an additional 801 shares during the period. Menard Financial Group LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $443,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Milestone Resources Group Ltd boosted its position in Taiwan Semiconductor Manufacturing by 54.4% during the 2nd quarter. Milestone Resources Group Ltd now owns 247 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 87 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. boosted its position in Taiwan Semiconductor Manufacturing by 7.5% during 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 purchasing an additional 90 shares during the period. Winch Advisory Services LLC boosted its position in Taiwan Semiconductor Manufacturing by 53.6% during the 2nd quarter. Winch Advisory Services LLC now owns 275 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 96 shares during the period. Cloverfields Capital Group LP boosted its position in Taiwan Semiconductor Manufacturing by 1.8% during the 1st quarter. Cloverfields Capital Group LP now owns 5,386 shares of the semiconductor company’s stock worth $637,000 after purchasing an additional 97 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. boosted its position in 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 during the period. 16.55% of the stock is owned by institutional investors. TSM has been the subject of a number of analyst reports. Argus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 22nd. They issued a “buy” rating and a $150.00 price objective for the company. Needham & Company LLC initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, July 13th. They issued a “buy” rating and a $123.05 price objective for the company. Morgan Stanley cut shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 21st. Susquehanna Bancshares raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their price objective for the company from $85.00 to $105.00 in a research report on Wednesday, June 30th. Finally, Susquehanna upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their target price for the company 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 issued a buy rating to the company. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Hold” and an average price target of $127.72. [TSM] traded up $0.89 on Wednesday, hitting $115.85. 90,306 shares of the company’s stock were exchanged, compared to its average volume of 10,293,594. The firm has a market cap of $600.81 billion, a PE ratio of 30.57, a P/E/G ratio of 1.90 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 has a fifty day moving average of $117.56 and a two-hundred day moving average of $117.36. The company has a current ratio of 1.92, a quick ratio of 1.65 and a debt-to-equity ratio of 0.22. Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Wednesday, July 14th. The semiconductor company reported $0.93 earnings per share for the quarter, hitting the consensus estimate of $0.93. The firm 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 quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.66 earnings per share. On average, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 EPS for the current year. The firm also recently disclosed 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 a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Thursday, December 16th. This represents a $1.98 annualized dividend and a yield of 1.71%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 46.31%. 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. Featured Article: What’s a Black Swan? 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). Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with [MarketBeat.com's FREE daily email newsletter](/daily-email-updates-basic/?symbol=NYSE:TSM&c=Taiwan+Semiconductor+Manufacturing) .