2,540 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Purchased by Cable Hill Partners LLC

Cable Hill Partners LLC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMGet Rating) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,540 shares of the semiconductor company’s stock, valued at approximately $306,000.

Several other hedge funds also recently made changes to their positions in the stock. Sanders Capital LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 3.6% in the 3rd quarter. Sanders Capital LLC now owns 41,885,883 shares of the semiconductor company’s stock valued at $5,160,663,000 after purchasing an additional 1,451,881 shares during the period. WCM Investment Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 0.6% in the 4th quarter. WCM Investment Management LLC now owns 26,212,577 shares of the semiconductor company’s stock valued at $3,153,635,000 after purchasing an additional 150,902 shares during the period. Fisher Asset Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 25,937,073 shares of the semiconductor company’s stock valued at $3,120,489,000 after purchasing an additional 557,498 shares during the period. Morgan Stanley boosted its holdings in Taiwan Semiconductor Manufacturing by 2.2% in the 3rd quarter. Morgan Stanley now owns 14,395,897 shares of the semiconductor company’s stock valued at $1,607,303,000 after purchasing an additional 310,712 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Taiwan Semiconductor Manufacturing by 24.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 10,650,561 shares of the semiconductor company’s stock valued at $1,189,135,000 after purchasing an additional 2,076,335 shares during the period.

TSM traded up $2.91 during trading on Tuesday, reaching $93.32. 7,576,381 shares of the company’s stock were exchanged, compared to its average volume of 13,502,387. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $85.39 and a one year high of $145.00. The company has a current ratio of 2.12, a quick ratio of 1.86 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $483.96 billion, a PE ratio of 20.39 and a beta of 0.94. The firm has a fifty day moving average price of $99.21 and a two-hundred day moving average price of $113.03.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Rating) last posted its earnings results on Thursday, April 14th. The semiconductor company reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.06. Taiwan Semiconductor Manufacturing had a net margin of 38.44% and a return on equity of 31.70%. The firm had revenue of $491.08 billion for the quarter, compared to analyst estimates of $471.53 billion. During the same period in the previous year, the firm posted $0.96 EPS. The company’s revenue for the quarter was up 35.5% compared to the same quarter last year. Sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 5.93 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Friday, September 16th will be issued a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a yield of 1.98%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. The ex-dividend date is Thursday, September 15th. Taiwan Semiconductor Manufacturing’s payout ratio is presently 32.89%.

Several equities analysts have recently commented on the stock. cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Thursday, April 14th. Zacks Investment Research cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th. Morgan Stanley upgraded shares of Taiwan Semiconductor Manufacturing from an “equal weight” rating to an “overweight” rating in a research report on Monday, February 7th. StockNews.com assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, March 31st. They set a “buy” rating for the company. Finally, Needham & Company LLC reiterated a “buy” rating and set a $125.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 14th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $135.50.

Taiwan Semiconductor Manufacturing Company Profile (Get Rating)

Taiwan Semiconductor Manufacturing Company Limited manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors.

See Also

Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (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.