1,184 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by Blueshift Asset Management LLC

Blueshift Asset Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,184 shares of the semiconductor company’s stock, valued at approximately $206,000.

Other large investors have also added to or reduced their stakes in the company. HF Advisory Group LLC grew its position in Taiwan Semiconductor Manufacturing by 55.5% during the third quarter. HF Advisory Group LLC now owns 13,755 shares of the semiconductor company’s stock worth $2,389,000 after buying an additional 4,907 shares in the last quarter. Impax Asset Management Group plc lifted its stake in Taiwan Semiconductor Manufacturing by 33.7% during the third quarter. Impax Asset Management Group plc now owns 26,418 shares of the semiconductor company’s stock worth $4,588,000 after purchasing an additional 6,664 shares during the last quarter. Advisor Resource Council bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth $613,000. Callahan Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 67.1% during the third quarter. Callahan Advisors LLC now owns 8,360 shares of the semiconductor company’s stock worth $1,452,000 after purchasing an additional 3,358 shares during the last quarter. Finally, Cetera Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 80.7% in the 1st 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 last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $184.79 on Friday. 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 stock has a 50-day moving average of $189.16 and a 200-day moving average of $175.02. The company has a market cap of $958.40 billion, a PE ratio of 29.61, a P/E/G ratio of 0.84 and a beta of 1.12. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $95.25 and a one year high of $212.60.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. The business had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $22.72 billion. On average, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a $0.5484 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.19%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 31.57%.

Analyst Upgrades and Downgrades

TSM has been the subject of a number of research reports. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Needham & Company LLC restated a “buy” rating and issued a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, October 17th. Finally, Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $214.00.

About Taiwan Semiconductor Manufacturing

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.