Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Vienna Asset Management LLC

Vienna Asset Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 28.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,767 shares of the semiconductor company’s stock after buying an additional 1,278 shares during the period. Vienna Asset Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,139,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Visionary Wealth Advisors boosted its stake in Taiwan Semiconductor Manufacturing by 13.0% during the fourth quarter. Visionary Wealth Advisors now owns 2,035 shares of the semiconductor company’s stock worth $402,000 after buying an additional 234 shares during the last quarter. Vivaldi Capital Management LP acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth $266,000. Tybourne Capital Management HK Ltd. boosted its stake in Taiwan Semiconductor Manufacturing by 124.9% during the fourth quarter. Tybourne Capital Management HK Ltd. now owns 47,286 shares of the semiconductor company’s stock worth $9,339,000 after buying an additional 26,258 shares during the last quarter. Tenzing Global Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 33.3% during the fourth quarter. Tenzing Global Management LLC now owns 30,000 shares of the semiconductor company’s stock worth $5,925,000 after buying an additional 7,500 shares during the last quarter. Finally, Texas Bank & Trust Co acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth $392,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $193.94 on Monday. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $133.57 and a 52 week high of $226.40. The business’s fifty day simple moving average is $167.42 and its 200-day simple moving average is $187.38. The firm has a market cap of $1.01 trillion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.09. The firm had revenue of $25.82 billion for the quarter, compared to the consensus estimate of $834.10 billion. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. Equities analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 16th will be issued a $0.6499 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 annualized dividend and a dividend yield of 1.34%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 27.76%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. Barclays reaffirmed a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Susquehanna reaffirmed a “positive” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.00.

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.