256,100 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 256,100 shares of the semiconductor company’s stock, valued at approximately $51,290,000. Taiwan Semiconductor Manufacturing comprises 1.4% of BLI Banque de Luxembourg Investments’ holdings, making the stock its 22nd largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Franklin Resources Inc. boosted its position in Taiwan Semiconductor Manufacturing by 13.2% in the third quarter. Franklin Resources Inc. now owns 6,423,734 shares of the semiconductor company’s stock worth $1,234,706,000 after purchasing an additional 750,515 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 34.4% in the fourth quarter. GAMMA Investing LLC now owns 8,509 shares of the semiconductor company’s stock worth $1,680,000 after buying an additional 2,177 shares during the last quarter. Silverleafe Capital Partners LLC bought a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $893,000. Capital Market Strategies LLC increased its holdings in Taiwan Semiconductor Manufacturing by 8.2% during the fourth quarter. Capital Market Strategies LLC now owns 12,311 shares of the semiconductor company’s stock valued at $2,431,000 after buying an additional 935 shares during the last quarter. Finally, Fortem Financial Group LLC raised its position in Taiwan Semiconductor Manufacturing by 4.8% in the fourth quarter. Fortem Financial Group LLC now owns 8,985 shares of the semiconductor company’s stock worth $1,774,000 after acquiring an additional 409 shares during the period. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $179.21 on Friday. The business has a 50-day moving average price of $166.42 and a 200-day moving average price of $188.49. The firm has a market cap of $929.46 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $133.57 and a twelve month high of $226.40. 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 (NYSE:TSM) last announced its quarterly earnings data on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. The business had revenue of $25.82 billion during the quarter, compared to analyst estimates of $834.10 billion. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This represents a $2.74 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.76%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TSM. Susquehanna reissued a “positive” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Barclays restated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

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.