James Hambro & Partners LLP Has $3.61 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

James Hambro & Partners LLP decreased its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 7.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,807 shares of the semiconductor company’s stock after selling 1,711 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 0.2% of James Hambro & Partners LLP’s holdings, making the stock its 25th biggest holding. James Hambro & Partners LLP’s holdings in Taiwan Semiconductor Manufacturing were worth $3,613,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in TSM. Atlantic Edge Private Wealth Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $25,000. Olistico Wealth LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $27,000. Valley Wealth Managers Inc. purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth $27,000. North Star Investment Management Corp. boosted its stake in Taiwan Semiconductor Manufacturing by 670.4% in the 1st quarter. North Star Investment Management Corp. now owns 208 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 181 shares during the period. Finally, NewSquare Capital LLC purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $29,000. Institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

TSM has been the topic of several research reports. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. TD Cowen upped their price objective on shares of Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a research note on Thursday, July 18th. Finally, Needham & Company LLC restated a “buy” rating and issued a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $200.00.

Taiwan Semiconductor Manufacturing Trading Down 0.2 %

Shares of TSM traded down $0.33 during mid-day trading on Monday, reaching $200.45. 8,596,717 shares of the company’s stock traded hands, compared to its average volume of 15,596,299. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.47 and a quick ratio of 2.21. The stock’s 50-day moving average is $175.31 and its two-hundred day moving average is $164.42. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $84.95 and a 12 month high of $212.60. The stock has a market cap of $1.04 trillion, a P/E ratio of 32.22, a P/E/G ratio of 1.16 and a beta of 1.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, July 18th. The semiconductor company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.37 by $0.11. The business had revenue of $20.82 billion during the quarter, compared to analyst estimates of $20.33 billion. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.97%. The company’s quarterly revenue was up 34.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.14 earnings per share. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.63 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be issued a $0.4871 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Thursday, December 12th. This represents a $1.95 dividend on an annualized basis and a yield of 0.97%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 31.57%.

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.