Mirabella Financial Services LLP Has $9.81 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Mirabella Financial Services LLP boosted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4,301.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 56,784 shares of the semiconductor company’s stock after purchasing an additional 55,494 shares during the period. Mirabella Financial Services LLP’s holdings in Taiwan Semiconductor Manufacturing were worth $9,810,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ProShare Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $210,000. Gamco Investors INC. ET AL bought a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $437,000. BOKF NA lifted its holdings in Taiwan Semiconductor Manufacturing by 4.8% during the 1st 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 last quarter. Waverly Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 21.7% during the first quarter. Waverly Advisors LLC now owns 8,161 shares of the semiconductor company’s stock worth $1,110,000 after purchasing an additional 1,456 shares during the period. Finally, Industrial Alliance Investment Management Inc. raised its position in shares of Taiwan Semiconductor Manufacturing by 10.5% in the first quarter. Industrial Alliance Investment Management Inc. now owns 9,081 shares of the semiconductor company’s stock valued at $1,235,000 after purchasing an additional 866 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 1.4 %

TSM opened at $187.50 on Monday. The stock has a market capitalization of $972.45 billion, a price-to-earnings ratio of 30.46, a P/E/G ratio of 0.88 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 0.24. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $95.25 and a twelve month high of $212.60. The company has a 50-day simple moving average of $187.92 and a 200 day simple moving average of $174.12.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $22.72 billion. 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. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is a positive change 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 dividend yield of 1.17%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 31.57%.

Analyst Upgrades and Downgrades

Several analysts recently commented on TSM shares. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Barclays upped 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. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and an average price target of $214.00.

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.