Cpwm LLC trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 49.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,326 shares of the semiconductor company’s stock after selling 7,185 shares during the quarter. Cpwm LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $880,000 as of its most recent SEC filing. Other hedge funds have also modified their holdings of the company. Credit Agricole S A boosted its stake in Taiwan Semiconductor Manufacturing by 104.8% in the first quarter. Credit Agricole S A now owns 15,645 shares of the semiconductor company’s stock valued at $1,850,000 after acquiring an additional 8,006 shares in the last quarter. Sit Investment Associates Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 38.8% in the first quarter. Sit Investment Associates Inc. now owns 11,800 shares of the semiconductor company’s stock valued at $1,396,000 after acquiring an additional 3,300 shares in the last quarter. Brandes Investment Partners LP boosted its stake in Taiwan Semiconductor Manufacturing by 10.6% in the second quarter. Brandes Investment Partners LP now owns 37,400 shares of the semiconductor company’s stock valued at $4,494,000 after acquiring an additional 3,599 shares in the last quarter. TCW Group Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $2,768,000. Finally, Kingfisher Capital LLC boosted its stake in Taiwan Semiconductor Manufacturing by 6.3% in the second quarter. Kingfisher Capital LLC now owns 29,089 shares of the semiconductor company’s stock valued at $3,495,000 after acquiring an additional 1,728 shares in the last quarter. 16.55% of the stock is currently owned by institutional investors. TSM has been the subject of several research reports. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research note on Thursday, September 16th. Cowen initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, October 11th. They set a “market perform” rating and a $120.00 price objective for the company. Susquehanna Bancshares upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and lifted their price objective for the stock from $85.00 to $105.00 in a research note on Wednesday, June 30th. Susquehanna upgraded shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and lifted their price objective for the stock from $85.00 to $105.00 in a research note on Wednesday, June 30th. Finally, Needham & Company LLC initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, July 13th. They set a “buy” rating and a $123.05 price objective for the company. 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $126.76. [NYSE TSM] opened at $115.34 on Tuesday. The company has a market capitalization of $598.16 billion, a PE ratio of 30.68, a P/E/G ratio of 1.90 and a beta of 0.89. The company has a fifty day moving average of $115.64 and a 200 day moving average of $116.82. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $83.16 and a 1 year high of $142.20. 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 also recently announced a quarterly dividend, which will be paid on Thursday, January 13th. Investors 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 an increase 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 1.71%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 45.72%. 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. Read More: Candlestick 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) .