1,571 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by WNY Asset Management LLC

WNY Asset Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,571 shares of the semiconductor company’s stock, valued at approximately $214,000.

Several other large investors have also recently modified their holdings of the company. Sanders Capital LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 3.5% during the 4th quarter. Sanders Capital LLC now owns 44,527,327 shares of the semiconductor company’s stock worth $4,630,842,000 after acquiring an additional 1,501,548 shares in the last quarter. Capital World Investors increased its stake in Taiwan Semiconductor Manufacturing by 11.4% during the 4th quarter. Capital World Investors now owns 41,356,279 shares of the semiconductor company’s stock valued at $4,301,178,000 after purchasing an additional 4,240,928 shares in the last quarter. Fisher Asset Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 1.4% during the 4th quarter. Fisher Asset Management LLC now owns 31,079,682 shares of the semiconductor company’s stock valued at $3,232,287,000 after purchasing an additional 442,289 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Taiwan Semiconductor Manufacturing by 6.2% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 28,443,595 shares of the semiconductor company’s stock valued at $2,958,134,000 after purchasing an additional 1,649,279 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in Taiwan Semiconductor Manufacturing by 53.4% during the 1st quarter. Van ECK Associates Corp now owns 17,416,194 shares of the semiconductor company’s stock valued at $2,369,473,000 after purchasing an additional 6,060,511 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM traded down $2.06 during mid-day trading on Monday, reaching $185.29. 15,638,301 shares of the stock were exchanged, compared to its average volume of 15,200,868. The business’s 50 day moving average is $165.18 and its 200-day moving average is $140.70. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $84.01 and a 1 year high of $193.47. The company has a market capitalization of $960.99 billion, a P/E ratio of 35.63, a P/E/G ratio of 1.20 and a beta of 1.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, April 18th. The semiconductor company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 38.15% and a return on equity of 24.75%. The firm had revenue of $18.87 billion for the quarter, compared to the consensus estimate of $18.38 billion. On average, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.16 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be issued a dividend of $0.4865 per share. This represents a $1.95 annualized dividend and a yield of 1.05%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.44. The ex-dividend date is Thursday, September 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 32.57%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Needham & Company LLC upped their price target on shares of Taiwan Semiconductor Manufacturing from $168.00 to $210.00 and gave the company a “buy” rating in a research note on Monday. TD Cowen upped their price target on shares of Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the company a “hold” rating in a research note on Thursday, April 18th. Sanford C. Bernstein upped their price target on shares of Taiwan Semiconductor Manufacturing from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, June 20th. Susquehanna increased their price objective on shares of Taiwan Semiconductor Manufacturing from $200.00 to $250.00 and gave the stock a “positive” rating in a research note on Thursday. Finally, StockNews.com upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.00.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, 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 a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.