Blair William & Co. IL Has $18.09 Million Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Blair William & Co. IL grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,596 shares of the semiconductor company’s stock after acquiring an additional 4,857 shares during the quarter. Blair William & Co. IL’s holdings in Taiwan Semiconductor Manufacturing were worth $18,089,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. AssuredPartners Investment Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $910,000. NEOS Investment Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 22.9% during the fourth quarter. NEOS Investment Management LLC now owns 11,368 shares of the semiconductor company’s stock worth $2,245,000 after buying an additional 2,117 shares in the last quarter. Sava Infond d.o.o. bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $20,328,000. Elo Mutual Pension Insurance Co boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 47.2% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 51,811 shares of the semiconductor company’s stock valued at $10,232,000 after acquiring an additional 16,610 shares in the last quarter. Finally, Aviso Wealth Management bought a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth $1,002,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $165.82 on Friday. The firm has a market cap of $860.00 billion, a P/E ratio of 23.55, a P/E/G ratio of 0.66 and a beta of 1.13. The stock’s 50 day moving average is $192.35 and its 200 day moving average is $192.34. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a $0.6855 dividend. 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. This represents a $2.74 annualized dividend and a dividend yield of 1.65%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 30.68%.

Analyst Upgrades and Downgrades

TSM has been the subject of several research reports. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Needham & Company LLC reiterated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Finally, StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

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.