Integrated Quantitative Investments LLC Invests $11.18 Million in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Integrated Quantitative Investments LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 56,600 shares of the semiconductor company’s stock, valued at approximately $11,178,000. Taiwan Semiconductor Manufacturing makes up approximately 5.5% of Integrated Quantitative Investments LLC’s holdings, making the stock its biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Benjamin Edwards Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 258.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 17,606 shares of the semiconductor company’s stock valued at $3,059,000 after buying an additional 12,695 shares during the last quarter. IHT Wealth Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 49.7% in the third quarter. IHT Wealth Management LLC now owns 13,057 shares of the semiconductor company’s stock valued at $2,264,000 after purchasing an additional 4,336 shares in the last quarter. Morse Asset Management Inc raised its stake in shares of Taiwan Semiconductor Manufacturing by 120.7% during the 3rd quarter. Morse Asset Management Inc now owns 17,703 shares of the semiconductor company’s stock valued at $3,074,000 after purchasing an additional 9,683 shares during the period. Quantinno Capital Management LP boosted its stake in Taiwan Semiconductor Manufacturing by 35.3% in the 3rd quarter. Quantinno Capital Management LP now owns 51,399 shares of the semiconductor company’s stock worth $8,927,000 after purchasing an additional 13,413 shares during the period. Finally, Stifel Financial Corp increased its position in shares of Taiwan Semiconductor Manufacturing by 7.1% during the third quarter. Stifel Financial Corp now owns 923,845 shares of the semiconductor company’s stock valued at $160,445,000 after buying an additional 61,609 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Trading Down 7.6 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $157.38 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The stock has a market capitalization of $816.24 billion, a PE ratio of 22.36, a P/E/G ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $125.78 and a 1-year high of $226.40. The company’s fifty day simple moving average is $188.04 and its 200-day simple moving average is $192.25.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping 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, equities 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 disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This represents a $2.74 annualized dividend and a dividend yield of 1.74%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.68%.

Wall Street Analyst Weigh In

TSM has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Needham & Company LLC restated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and an average 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.