AEGON ASSET MANAGEMENT UK Plc Has $106.47 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

AEGON ASSET MANAGEMENT UK Plc lessened its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 24.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 611,233 shares of the semiconductor company’s stock after selling 194,763 shares during the period. Taiwan Semiconductor Manufacturing comprises 1.5% of AEGON ASSET MANAGEMENT UK Plc’s portfolio, making the stock its 11th biggest holding. AEGON ASSET MANAGEMENT UK Plc’s holdings in Taiwan Semiconductor Manufacturing were worth $106,468,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in TSM. BOKF NA increased its position in shares of Taiwan Semiconductor Manufacturing by 4.8% during the first quarter. BOKF NA now owns 1,762 shares of the semiconductor company’s stock valued at $249,000 after purchasing an additional 81 shares during the period. HF Advisory Group LLC increased its holdings in Taiwan Semiconductor Manufacturing by 55.5% in the 3rd quarter. HF Advisory Group LLC now owns 13,755 shares of the semiconductor company’s stock valued at $2,389,000 after buying an additional 4,907 shares during the period. Impax Asset Management Group plc raised its stake in shares of Taiwan Semiconductor Manufacturing by 33.7% in the 3rd quarter. Impax Asset Management Group plc now owns 26,418 shares of the semiconductor company’s stock valued at $4,588,000 after buying an additional 6,664 shares in the last quarter. Advisor Resource Council acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at about $613,000. Finally, Cetera Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 80.7% in the first quarter. Cetera Advisors LLC now owns 79,291 shares of the semiconductor company’s stock valued at $10,787,000 after acquiring an additional 35,404 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. TD Cowen upped their price objective on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a research note on Thursday, July 18th. StockNews.com upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Saturday. Needham & Company LLC restated a “buy” rating and issued a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note 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 research report on Wednesday, October 23rd. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $209.00.

Taiwan Semiconductor Manufacturing Stock Up 0.0 %

Shares of NYSE:TSM opened at $201.20 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $91.60 and a 12 month high of $212.60. The firm has a market cap of $1.04 trillion, a P/E ratio of 32.24, a P/E/G ratio of 0.93 and a beta of 1.12. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.23. The company’s 50-day moving average price is $183.11 and its two-hundred day moving average price is $170.07.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared 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. The ex-dividend date is Thursday, December 12th. This represents a $1.95 dividend on an annualized basis and a dividend yield of 0.97%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 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.