C WorldWide Group Holding A S boosted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 4.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,131,927 shares of the semiconductor company’s stock after buying an additional 99,544 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 1.1% of C WorldWide Group Holding A S’s investment portfolio, making the stock its 16th largest position. C WorldWide Group Holding A S’s holdings in Taiwan Semiconductor Manufacturing were worth $74,532,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TSM. Gilman Hill Asset Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 31.7% in the first quarter. Gilman Hill Asset Management LLC now owns 27,995 shares of the semiconductor company’s stock worth $919,000 after buying an additional 6,735 shares in the last quarter. Nationwide Fund Advisors boosted its position in shares of Taiwan Semiconductor Manufacturing by 51.6% in the first quarter. Nationwide Fund Advisors now owns 520,917 shares of the semiconductor company’s stock worth $17,107,000 after buying an additional 177,417 shares in the last quarter. Naples Global Advisors LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 0.4% in the first quarter. Naples Global Advisors LLC now owns 102,750 shares of the semiconductor company’s stock worth $3,374,000 after buying an additional 417 shares in the last quarter. Diversified Trust Co purchased a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $2,214,000. Finally, Hermes Investment Management Ltd. boosted its position in shares of Taiwan Semiconductor Manufacturing by 21.4% in the first quarter. Hermes Investment Management Ltd. now owns 5,898,590 shares of the semiconductor company’s stock worth $193,710,000 after buying an additional 1,040,142 shares in the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) opened at 35.34 on Friday. The company’s 50-day moving average price is $35.79 and its 200-day moving average price is $33.79. The stock has a market cap of $183.27 billion, a PE ratio of 15.92 and a beta of 0.77. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $28.20 and a 52-week high of $36.96.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by $0.08. The company had revenue of $213.86 billion for the quarter, compared to analyst estimates of $214.25 billion. Taiwan Semiconductor Manufacturing had a return on equity of 25.65% and a net margin of 36.11%. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same period last year, the firm earned $2.80 earnings per share. Analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 earnings per share for the current year.

The business also recently announced an annual dividend, which was paid on Thursday, July 20th. Stockholders of record on Wednesday, June 28th were given a dividend of $0.927 per share. The ex-dividend date of this dividend was Monday, June 26th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous annual dividend of $0.74. This represents a dividend yield of 3.25%. Taiwan Semiconductor Manufacturing’s payout ratio is 42.59%.

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A number of research firms recently commented on TSM. Rosenblatt Securities set a $27.00 price objective on Taiwan Semiconductor Manufacturing and gave the stock a “buy” rating in a research report on Saturday, April 15th. BidaskClub cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research report on Thursday, June 15th. Credit Suisse Group cut Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. Finally, HSBC Holdings plc cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Taiwan Semiconductor Manufacturing has a consensus rating of “Hold” and an average price target of $31.67.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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