Candriam Luxembourg S.C.A. continued to hold its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 48,250 shares of the semiconductor company’s stock at the end of the second quarter. Candriam Luxembourg S.C.A.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,687,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. Pictet & Cie Europe SA acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter worth about $134,000. Pictet North America Advisors SA acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter worth about $166,000. Advisory Services Network LLC acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter worth about $184,000. U S Global Investors Inc acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter worth about $187,000. Finally, Sit Investment Associates Inc. boosted its position in Taiwan Semiconductor Manufacturing by 107.7% in the second quarter. Sit Investment Associates Inc. now owns 5,400 shares of the semiconductor company’s stock worth $189,000 after buying an additional 2,800 shares in the last quarter. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE TSM) opened at 36.14 on Friday. The stock’s 50 day moving average price is $35.78 and its 200-day moving average price is $33.84. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $28.20 and a 52 week high of $36.96. The firm has a market capitalization of $187.42 billion, a price-to-earnings ratio of 16.28 and a beta of 0.77.

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

The company also recently disclosed 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 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 dividend payout ratio is 42.59%.

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A number of research analysts have issued reports on the company. Zacks Investment Research cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th. HSBC Holdings plc lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Credit Suisse Group lowered Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research note on Monday, May 15th. BidaskClub lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Rosenblatt Securities set a $27.00 price target on Taiwan Semiconductor Manufacturing and gave the company a “buy” rating in a research note on Saturday, April 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price 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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