Chiron Investment Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 180,231 shares of the semiconductor company’s stock, valued at approximately $21,657,000. Taiwan Semiconductor Manufacturing accounts for about 2.6% of Chiron Investment Management LLC’s holdings, making the stock its 14th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in TSM. Van ECK Associates Corp increased its position in Taiwan Semiconductor Manufacturing by 55.2% during the 1st quarter. Van ECK Associates Corp now owns 7,227,419 shares of the semiconductor company’s stock valued at $854,859,000 after purchasing an additional 2,570,257 shares during the period. Price T Rowe Associates Inc. MD increased its position in Taiwan Semiconductor Manufacturing by 22.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,730,800 shares of the semiconductor company’s stock valued at $1,505,798,000 after purchasing an additional 2,302,444 shares during the period. Hardman Johnston Global Advisors LLC increased its position in Taiwan Semiconductor Manufacturing by 40,884.2% during the 1st quarter. Hardman Johnston Global Advisors LLC now owns 2,207,000 shares of the semiconductor company’s stock valued at $261,044,000 after purchasing an additional 2,201,615 shares during the period. Sands Capital Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 28.3% during the 1st quarter. Sands Capital Management LLC now owns 9,297,242 shares of the semiconductor company’s stock worth $1,099,678,000 after buying an additional 2,049,741 shares during the period. Finally, Sanders Capital LLC grew its position 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 buying an additional 1,391,488 shares during the period. 16.55% of the stock is owned by institutional investors and hedge funds.

TSM traded up $0.89 during trading hours on Monday, hitting $110.93. The stock had a trading volume of 78,245 shares, compared to its average volume of 9,993,887. The company’s fifty day simple moving average is $116.39 and its 200 day simple moving average is $117.01. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $83.16 and a 1 year high of $142.20. The stock has a market cap of $575.29 billion, a PE ratio of 29.27, a price-to-earnings-growth ratio of 1.90 and a beta of 0.89. 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 announced a quarterly dividend, which will be paid on Thursday, January 13th. Shareholders of record on Friday, December 17th will be issued a dividend of $0.4941 per share. This represents a $1.98 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date is Thursday, December 16th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. Taiwan Semiconductor Manufacturing’s payout ratio is presently 46.31%.

Several analysts have recently commented on TSM shares. Needham & Company LLC began coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, July 13th. They set a “buy” rating and a $123.05 price objective for the company. Argus began coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, June 22nd. They issued a “buy” rating and a $150.00 target price on the stock. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Thursday, September 16th. Susquehanna Bancshares raised 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 report on Wednesday, June 30th. Finally, Susquehanna raised 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 report on Wednesday, June 30th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $126.76.

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.

Recommended Story: Correction

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 analysts' ratings for Taiwan Semiconductor Manufacturing and related companies daily email basic/?symbol=NYSE:TSM&c=Taiwan+Semiconductor+Manufacturing) .