Sei Investments Co. Boosts Position in Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Sei Investments Co. boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 38.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,789,487 shares of the semiconductor company’s stock after buying an additional 1,044,125 shares during the period. Taiwan Semiconductor Manufacturing Company comprises approximately 0.5% of Sei Investments Co.’s holdings, making the stock its 18th largest position. Sei Investments Co. owned about 0.07% of Taiwan Semiconductor Manufacturing Company worth $124,447,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TSM. Nomura Asset Management Co. Ltd. boosted its stake in shares of Taiwan Semiconductor Manufacturing Company by 6.5% in the third quarter. Nomura Asset Management Co. Ltd. now owns 104,659 shares of the semiconductor company’s stock worth $3,202,000 after buying an additional 6,400 shares in the last quarter. BOKF NA boosted its stake in shares of Taiwan Semiconductor Manufacturing Company by 17.9% in the third quarter. BOKF NA now owns 27,431 shares of the semiconductor company’s stock worth $839,000 after buying an additional 4,173 shares in the last quarter. Cidel Asset Management Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing Company by 2.0% in the third quarter. Cidel Asset Management Inc. now owns 721,977 shares of the semiconductor company’s stock worth $22,085,000 after buying an additional 14,451 shares in the last quarter. Hosking Partners LLP boosted its stake in shares of Taiwan Semiconductor Manufacturing Company by 13.8% in the third quarter. Hosking Partners LLP now owns 1,378,403 shares of the semiconductor company’s stock worth $42,165,000 after buying an additional 167,210 shares in the last quarter. Finally, CAM Group Holding A S boosted its stake in shares of Taiwan Semiconductor Manufacturing Company by 423.5% in the third quarter. CAM Group Holding A S now owns 1,676,460 shares of the semiconductor company’s stock worth $51,283,000 after buying an additional 1,356,200 shares in the last quarter. Institutional investors own 19.84% of the company’s stock.

Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing Company (NYSE:TSM)

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) traded up 1.21% on Friday, hitting $35.87. 7,432,352 shares of the stock traded hands. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $24.35 and a 52 week high of $36.90. The firm has a market cap of $186.02 billion, a P/E ratio of 15.80 and a beta of 0.75. The stock has a 50-day moving average price of $35.28 and a 200 day moving average price of $32.11.

Taiwan Semiconductor Manufacturing Company (NYSE:TSM) last announced its quarterly earnings results on Thursday, April 13th. The semiconductor company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.01. Taiwan Semiconductor Manufacturing Company had a net margin of 36.52% and a return on equity of 26.86%. The firm had revenue of $233.91 billion during the quarter, compared to the consensus estimate of $237.12 billion. During the same period last year, the firm earned $2.50 EPS. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.19 EPS for the current fiscal year.

The business also recently disclosed an annual dividend, which will be paid on Thursday, July 20th. Stockholders of record on Wednesday, June 28th will be given a dividend of $0.927 per share. The ex-dividend date of this dividend is Monday, June 26th. This represents a dividend yield of 3.25%. This is a boost from Taiwan Semiconductor Manufacturing Company’s previous annual dividend of $0.74. Taiwan Semiconductor Manufacturing Company’s dividend payout ratio (DPR) is 34.56%.

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A number of equities research analysts have recently weighed in on TSM shares. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing Company from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Thursday. Credit Suisse Group downgraded shares of Taiwan Semiconductor Manufacturing Company from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. Rosenblatt Securities set a $27.00 price target on shares of Taiwan Semiconductor Manufacturing Company and gave the company a “buy” rating in a research report on Saturday, April 15th. Finally, HSBC Holdings plc upgraded shares of Taiwan Semiconductor Manufacturing Company from a “hold” rating to a “buy” rating in a research report on Tuesday, March 7th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $31.67.

Taiwan Semiconductor Manufacturing Company Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

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