American Capital Advisory LLC Acquires Shares of 221 Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

American Capital Advisory LLC purchased a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 221 shares of the semiconductor company’s stock, valued at approximately $38,000.

Other hedge funds also recently modified their holdings of the company. Capital World Investors increased its holdings in Taiwan Semiconductor Manufacturing by 1.7% in the 1st quarter. Capital World Investors now owns 42,061,083 shares of the semiconductor company’s stock valued at $5,722,410,000 after buying an additional 704,804 shares during the period. Capital International Investors increased its stake in Taiwan Semiconductor Manufacturing by 40.2% in the first quarter. Capital International Investors now owns 19,695,714 shares of the semiconductor company’s stock valued at $2,679,602,000 after acquiring an additional 5,643,949 shares during the last quarter. Van ECK Associates Corp raised its position in Taiwan Semiconductor Manufacturing by 0.7% during the third quarter. Van ECK Associates Corp now owns 18,289,993 shares of the semiconductor company’s stock valued at $3,176,423,000 after purchasing an additional 122,828 shares in the last quarter. GQG Partners LLC lifted its stake in Taiwan Semiconductor Manufacturing by 25.1% during the first quarter. GQG Partners LLC now owns 8,538,277 shares of the semiconductor company’s stock worth $1,161,633,000 after purchasing an additional 1,710,673 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,873,873 shares of the semiconductor company’s stock valued at $1,071,242,000 after purchasing an additional 296,892 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Needham & Company LLC reissued a “buy” rating and set a $210.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, October 17th. Barclays increased their target price on shares of Taiwan Semiconductor Manufacturing from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. TD Cowen lifted their price target on shares of Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a report on Thursday, July 18th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $209.00.

Taiwan Semiconductor Manufacturing Trading Down 3.1 %

NYSE:TSM traded down $6.11 during mid-day trading on Wednesday, hitting $189.65. 8,829,672 shares of the company’s stock were exchanged, compared to its average volume of 15,447,999. The company has a 50 day simple moving average of $181.40 and a 200-day simple moving average of $169.18. The firm has a market capitalization of $983.60 billion, a P/E ratio of 31.37, a PEG ratio of 0.93 and a beta of 1.12. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $91.60 and a fifty-two week high of $212.60. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.23.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be issued a $0.4871 dividend. This represents a $1.95 dividend on an annualized basis and a yield of 1.03%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Thursday, December 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 31.57%.

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.