Lumina Fund Management LLC purchased a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the second quarter, HoldingsChannel reports. The firm purchased 6,000 shares of the semiconductor company’s stock, valued at approximately $721,000. Taiwan Semiconductor Manufacturing comprises 0.3% of Lumina Fund Management LLC’s investment portfolio, making the stock its 23rd biggest position. Other hedge funds have also added to or reduced their stakes in the company. Credit Agricole S A lifted its stake in Taiwan Semiconductor Manufacturing by 104.8% during the first quarter. Credit Agricole S A now owns 15,645 shares of the semiconductor company’s stock valued at $1,850,000 after purchasing an additional 8,006 shares during the last quarter. Sit Investment Associates Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 38.8% during the first quarter. Sit Investment Associates Inc. now owns 11,800 shares of the semiconductor company’s stock valued at $1,396,000 after purchasing an additional 3,300 shares during the last quarter. Brandes Investment Partners LP lifted its stake in Taiwan Semiconductor Manufacturing by 10.6% during the second quarter. Brandes Investment Partners LP now owns 37,400 shares of the semiconductor company’s stock valued at $4,494,000 after purchasing an additional 3,599 shares during the last quarter. TCW Group Inc. acquired a new stake in Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $2,768,000. Finally, Kingfisher Capital LLC lifted its stake in Taiwan Semiconductor Manufacturing by 6.3% during the second quarter. Kingfisher Capital LLC now owns 29,089 shares of the semiconductor company’s stock valued at $3,495,000 after purchasing an additional 1,728 shares during the last quarter. 16.55% of the stock is owned by institutional investors and hedge funds. Several research firms recently commented on TSM. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research note on Thursday, September 16th. Cowen assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Monday. They issued a “market perform” rating and a $120.00 price target for the company. Susquehanna Bancshares upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their price target for the company from $85.00 to $105.00 in a research report on Wednesday, June 30th. Needham & Company LLC assumed 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 target for the company. Finally, Argus assumed 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 target for the company. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $126.76. [Taiwan Semiconductor Manufacturing stock] traded up $0.44 during trading hours on Wednesday, hitting $109.64. The company had a trading volume of 227,711 shares, compared to its average volume of 10,017,155. The firm has a market capitalization of $568.60 billion, a P/E ratio of 29.10, 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 current ratio of 1.92 and a quick ratio of 1.65. The firm’s fifty day moving average is $116.08 and its 200-day moving average is $116.96. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $83.16 and a fifty-two week high of $142.20. 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, meeting the Thomson Reuters’ 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%. The company’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.66 EPS. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 earnings per share 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 paid a $0.4941 dividend. This represents a $1.98 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Thursday, December 16th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 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: Should You Consider an Index Fund? 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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