Eagle Strategies LLC Boosts Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Eagle Strategies LLC lifted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,140 shares of the semiconductor company’s stock after purchasing an additional 719 shares during the quarter. Eagle Strategies LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $3,187,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. FMR LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 4.6% in the fourth quarter. FMR LLC now owns 58,547,257 shares of the semiconductor company’s stock worth $11,562,498,000 after buying an additional 2,572,488 shares in the last quarter. Sanders Capital LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 0.6% in the 4th quarter. Sanders Capital LLC now owns 41,877,457 shares of the semiconductor company’s stock worth $8,270,379,000 after acquiring an additional 231,310 shares during the last quarter. Capital World Investors grew its stake in shares of Taiwan Semiconductor Manufacturing by 0.8% in the fourth quarter. Capital World Investors now owns 35,602,400 shares of the semiconductor company’s stock valued at $7,031,632,000 after buying an additional 294,316 shares in the last quarter. Capital International Investors lifted its position in shares of Taiwan Semiconductor Manufacturing by 8.2% during the fourth quarter. Capital International Investors now owns 22,210,222 shares of the semiconductor company’s stock worth $4,391,957,000 after purchasing an additional 1,683,256 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of Taiwan Semiconductor Manufacturing by 6.0% in the fourth quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company’s stock worth $3,829,757,000 after acquiring an additional 1,102,166 shares in the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM opened at $166.66 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a market capitalization of $864.37 billion, a PE ratio of 23.67, a P/E/G ratio of 0.66 and a beta of 1.16. The business has a 50-day moving average of $167.00 and a two-hundred day moving average of $188.67. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $133.21 and a 12 month high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. The company had revenue of $25.82 billion during the quarter, compared to analysts’ expectations of $834.10 billion. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a $0.6855 dividend. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.76%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Barclays restated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Susquehanna restated a “positive” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

Taiwan Semiconductor Manufacturing Company 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.