Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stake Raised by Carrhae Capital LLP

Carrhae Capital LLP lifted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 383,886 shares of the semiconductor company’s stock after purchasing an additional 20,623 shares during the period. Taiwan Semiconductor Manufacturing makes up 6.3% of Carrhae Capital LLP’s investment portfolio, making the stock its 5th largest holding. Carrhae Capital LLP’s holdings in Taiwan Semiconductor Manufacturing were worth $75,814,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TSM. FMR LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 7.2% in the third quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock valued at $9,721,138,000 after buying an additional 3,783,802 shares in the last quarter. Fisher Asset Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 1.3% in the 3rd quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company’s stock valued at $4,995,984,000 after acquiring an additional 359,854 shares during the last quarter. Van ECK Associates Corp increased its holdings in Taiwan Semiconductor Manufacturing by 6.0% during the 4th quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company’s stock valued at $3,829,757,000 after acquiring an additional 1,102,166 shares in the last quarter. GQG Partners LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.0% in the fourth quarter. GQG Partners LLC now owns 7,819,269 shares of the semiconductor company’s stock valued at $1,544,227,000 after purchasing an additional 777,090 shares in the last quarter. Finally, Jennison Associates LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 72.9% in the fourth quarter. Jennison Associates LLC now owns 6,949,520 shares of the semiconductor company’s stock valued at $1,372,461,000 after purchasing an additional 2,931,209 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Up 2.6 %

Shares of TSM opened at $181.29 on Tuesday. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40. The company has a market capitalization of $940.27 billion, a PE ratio of 25.75, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13. The stock has a fifty day moving average of $195.27 and a two-hundred day moving average of $192.45. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. As a group, analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS 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. Investors of record on Thursday, June 12th will be given a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.51%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 30.68%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TSM. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing 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.