Banque Transatlantique SA Acquires New Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Banque Transatlantique SA bought a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 7,285 shares of the semiconductor company’s stock, valued at approximately $1,456,000.

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

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $179.21 on Friday. The company’s fifty day moving average is $166.42 and its 200 day moving average is $188.49. 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 52 week low of $133.57 and a 52 week high of $226.40. The stock has a market cap of $929.46 billion, a PE ratio of 25.46, a PEG ratio of 0.66 and a beta of 1.21.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. The company had revenue of $25.82 billion during the quarter, compared to analyst estimates of $834.10 billion. Research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be issued a $0.6855 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.53%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.76%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Barclays reiterated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Finally, Susquehanna reissued a “positive” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently 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.