Capital International Investors Has $1.92 Billion Holdings in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

Capital International Investors cut its stake in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,100,151 shares of the semiconductor company’s stock after selling 1,499,979 shares during the period. Capital International Investors’ holdings in Taiwan Semiconductor Mfg. were worth $1,923,118,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Orion Portfolio Solutions LLC bought a new stake in shares of Taiwan Semiconductor Mfg. in the fourth quarter valued at about $27,000. TRUE Private Wealth Advisors bought a new stake in shares of Taiwan Semiconductor Mfg. in the fourth quarter valued at about $39,000. Simon Quick Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Mfg. by 646.7% in the fourth quarter. Simon Quick Advisors LLC now owns 799 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 692 shares in the last quarter. Atlas Private Wealth Management bought a new stake in shares of Taiwan Semiconductor Mfg. in the fourth quarter valued at about $46,000. Finally, Savior LLC bought a new stake in shares of Taiwan Semiconductor Mfg. in the fourth quarter valued at about $53,000. 19.03% of the stock is owned by institutional investors and hedge funds.

TSM has been the topic of a number of research reports. Zacks Investment Research lowered Taiwan Semiconductor Mfg. from a “hold” rating to a “sell” rating in a report on Tuesday, March 17th. China Renaissance Securities upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. Taiwan Semiconductor Mfg. has an average rating of “Buy” and an average target price of $60.00.

NYSE TSM traded up $0.44 during trading on Thursday, reaching $49.44. 5,192,841 shares of the company’s stock were exchanged, compared to its average volume of 13,088,325. The business has a 50 day moving average price of $53.75 and a 200-day moving average price of $53.01. The stock has a market capitalization of $254.12 billion, a P/E ratio of 23.10, a PEG ratio of 1.53 and a beta of 0.94. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.39 and a quick ratio of 1.25. Taiwan Semiconductor Mfg. Co. Ltd. has a fifty-two week low of $37.18 and a fifty-two week high of $60.64.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. The firm had revenue of $317.24 billion for the quarter, compared to the consensus estimate of $303.20 billion. Taiwan Semiconductor Mfg. had a return on equity of 21.27% and a net margin of 32.28%. The business’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.86 earnings per share. On average, analysts forecast that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.68 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Friday, June 19th will be given a dividend of $0.4171 per share. This represents a $1.67 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Thursday, June 18th. This is an increase from Taiwan Semiconductor Mfg.’s previous quarterly dividend of $0.32. Taiwan Semiconductor Mfg.’s payout ratio is 61.40%.

Taiwan Semiconductor Mfg. Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

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

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