Summit X LLC lessened its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 30.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,112 shares of the semiconductor company’s stock after selling 2,198 shares during the quarter. Summit X LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $610,000 at the end of the most recent reporting period. Other large investors also recently modified their holdings of the company. Credit Agricole S A lifted its position in shares of Taiwan Semiconductor Manufacturing by 104.8% during the 1st quarter. Credit Agricole S A now owns 15,645 shares of the semiconductor company’s stock worth $1,850,000 after buying an additional 8,006 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 55.7% during the 1st quarter. Kestra Advisory Services LLC now owns 53,762 shares of the semiconductor company’s stock worth $6,359,000 after buying an additional 19,225 shares during the last quarter. Sit Investment Associates Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 38.8% in the 1st 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 during the period. TCW Group Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $2,768,000. Finally, Mirabella Financial Services LLP increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1,112.7% in the 1st quarter. Mirabella Financial Services LLP now owns 25,781 shares of the semiconductor company’s stock valued at $3,050,000 after acquiring an additional 23,655 shares during the period. Institutional investors and hedge funds own 17.19% of the company’s stock. TSM traded down $0.54 on Thursday, reaching $115.45. 187,897 shares of the company’s stock were exchanged, compared to its average volume of 10,606,059. The company’s 50 day simple moving average is $117.90. The company has a market capitalization of $598.73 billion, a P/E ratio of 30.61, a price-to-earnings-growth ratio of 1.81 and a beta of 0.89. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $75.98 and a twelve month high of $142.20. The company has a current ratio of 1.72, a quick ratio of 1.49 and a debt-to-equity ratio of 0.15. The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 14th. Shareholders of record on Friday, September 17th will be given a $0.3917 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Thursday, September 16th. This represents a $1.57 annualized dividend and a yield of 1.36%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 41.59%. A number of equities analysts have recently commented on TSM shares. Susquehanna raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and lifted their target price for the company from $85.00 to $105.00 in a report on Wednesday, June 30th. Atlantic Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a report on Monday, April 19th. They issued a “neutral” rating on the stock. Zacks Investment Research cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Saturday, July 17th. Susquehanna Bancshares raised shares of Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and boosted their price objective for the company from $85.00 to $105.00 in a research note on Wednesday, June 30th. Finally, Morgan Stanley cut shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 21st. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock 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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