Kapitalo Investimentos Ltda Has $23.93 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Kapitalo Investimentos Ltda decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 13.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,664 shares of the semiconductor company’s stock after selling 13,000 shares during the period. Taiwan Semiconductor Manufacturing makes up approximately 4.5% of Kapitalo Investimentos Ltda’s holdings, making the stock its 6th largest holding. Kapitalo Investimentos Ltda’s holdings in Taiwan Semiconductor Manufacturing were worth $23,925,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock valued at $2,159,000 after purchasing an additional 1,892 shares in the last quarter. HB Wealth Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 0.3% during the second quarter. HB Wealth Management LLC now owns 36,178 shares of the semiconductor company’s stock valued at $8,194,000 after buying an additional 119 shares during the period. XML Financial LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 49.5% during the second quarter. XML Financial LLC now owns 4,105 shares of the semiconductor company’s stock valued at $930,000 after buying an additional 1,359 shares during the last quarter. Park Place Capital Corp grew its stake in shares of Taiwan Semiconductor Manufacturing by 36.0% during the second quarter. Park Place Capital Corp now owns 1,069 shares of the semiconductor company’s stock valued at $240,000 after buying an additional 283 shares during the last quarter. Finally, Powers Advisory Group LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $240,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $342.18 on Thursday. The firm has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 32.13, a PEG ratio of 0.97 and a beta of 1.29. The stock has a fifty day moving average of $307.38 and a 200 day moving average of $279.63. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $351.33. The company has a quick ratio of 2.47, a current ratio of 2.69 and a debt-to-equity ratio of 0.19.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Friday, November 14th. The semiconductor company reported $14.32 EPS for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 45.13% and a return on equity of 36.18%. The business had revenue of $32.50 billion during the quarter. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Tuesday, March 17th will be issued a $0.9678 dividend. This represents a $3.87 annualized dividend and a yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, March 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 23.57%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TSM. TD Cowen raised their price target on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the stock a “hold” rating in a research report on Friday, January 16th. Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Needham & Company LLC lifted their target price on shares of Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They set an “outperform” rating for the company. Finally, Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $381.67.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.