Center for Financial Planning Inc. grew its position in  Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 18.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor  owned 320 shares of the semiconductor company’s stock after acquiring an additional 50 shares during the quarter. Center for Financial Planning Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $72,000 as of its most recent SEC filing. 
Other hedge funds and other institutional investors have also made changes to their positions in the company. DekaBank Deutsche Girozentrale lifted its position in Taiwan Semiconductor Manufacturing by 0.9% during the first quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company’s stock worth $214,442,000 after buying an additional 11,693 shares in the last quarter. Powers Advisory Group LLC purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $240,000. Hudson Edge Investment Partners Inc. lifted its position in Taiwan Semiconductor Manufacturing by 10.1% during the second quarter. Hudson Edge Investment Partners Inc. now owns 236,503 shares of the semiconductor company’s stock worth $53,566,000 after buying an additional 21,648 shares in the last quarter. Quantbot Technologies LP lifted its position in Taiwan Semiconductor Manufacturing by 452.2% during the first quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company’s stock worth $7,873,000 after buying an additional 38,837 shares in the last quarter. Finally, RFG Holdings Inc. lifted its position in Taiwan Semiconductor Manufacturing by 66.1% during the second quarter. RFG Holdings Inc. now owns 3,898 shares of the semiconductor company’s stock worth $883,000 after buying an additional 1,551 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.
Taiwan Semiconductor Manufacturing Trading Down 0.9%
Shares of NYSE TSM opened at $300.49 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $311.37. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $274.26 and a 200-day simple moving average of $232.16. The stock has a market capitalization of $1.56 trillion, a PE ratio of 30.82, a PEG ratio of 1.02 and a beta of 1.28.
Taiwan Semiconductor Manufacturing Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a $0.8348 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 26.97%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on TSM shares. Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Needham & Company LLC restated a “buy” rating and issued a $360.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, October 27th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Finally, Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 17th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Buy” and an average target price of $371.67.
View Our Latest Stock Report on TSM
About Taiwan Semiconductor Manufacturing
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.
Featured Stories
- Five stocks we like better than Taiwan Semiconductor Manufacturing
 - How to Calculate Return on Investment (ROI)
 - Amazon Earnings: 3 Catalysts That Could Drive Shares to $300
 - The 3 Best Blue-Chip Stocks to Buy Now
 - Why Chipotle Stock May Bounce After a Brutal Sell-Off
 - What is Forex and How Does it Work?
 - Why VGT May Be a Smarter Bet Than Chasing Individual Tech Stocks
 
Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.
