Segall Bryant & Hamill LLC lifted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,102 shares of the semiconductor company’s stock after purchasing an additional 4,210 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $8,942,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of TSM. Meitav Dash Investments Ltd. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 10.7% in the 2nd quarter. Meitav Dash Investments Ltd. now owns 265,020 shares of the semiconductor company’s stock worth $31,846,000 after purchasing an additional 25,590 shares in the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 35.9% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 9,687 shares of the semiconductor company’s stock worth $1,164,000 after purchasing an additional 2,560 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 91.6% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 185,584 shares of the semiconductor company’s stock worth $22,143,000 after purchasing an additional 88,736 shares in the last quarter. Winch Advisory Services LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 53.6% in the 2nd quarter. Winch Advisory Services LLC now owns 275 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 96 shares in the last quarter. Finally, FDx Advisors Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 10.9% in the 2nd quarter. FDx Advisors Inc. now owns 77,842 shares of the semiconductor company’s stock worth $9,354,000 after purchasing an additional 7,681 shares in the last quarter.
Get Taiwan Semiconductor Manufacturing alerts: A number of equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Thursday, September 16th. Susquehanna Bancshares reissued a “hold” rating and issued a $130.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, November 22nd. Susquehanna reissued a “hold” rating and issued a $130.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, November 22nd. Finally, Cowen initiated coverage on Taiwan Semiconductor Manufacturing in a research note on Monday, October 11th. They issued a “market perform” rating and a $120.00 target price for the company. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Hold” and an average target price of $133.01.
TSM opened at $122.70 on Tuesday. The business has a 50 day simple moving average of $118.42 and a two-hundred day simple moving average of $117.32. The firm has a market capitalization of $636.33 billion, a price-to-earnings ratio of 31.14, a PEG ratio of 1.76 and a beta of 0.91. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.09 and a quick ratio of 1.81. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $105.22 and a one year high of $142.20.
Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, October 14th. The semiconductor company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.03. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 29.08% and a net margin of 37.93%. As a group, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 4.16 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 14th. Shareholders of record on Thursday, March 17th will be given a dividend of $0.3911 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Wednesday, March 16th. Taiwan Semiconductor Manufacturing’s payout ratio is 39.85%.
Taiwan Semiconductor Manufacturing Profile
Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products; information applications; wired and wireless communications systems products; automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras.
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Segall Bryant & Hamill LLC Boosts Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Observer comes via ChinaTechNews.com.