Dupont Capital Management Corp Has $20.01 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Dupont Capital Management Corp trimmed its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMFree Report) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 192,422 shares of the semiconductor company’s stock after selling 5,004 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 1.7% of Dupont Capital Management Corp’s investment portfolio, making the stock its 15th largest holding. Dupont Capital Management Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $20,012,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Baystate Wealth Management LLC raised its position in Taiwan Semiconductor Manufacturing by 1,333.3% in the 2nd quarter. Baystate Wealth Management LLC now owns 258 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 240 shares during the last quarter. Financial Gravity Asset Management Inc. raised its position in Taiwan Semiconductor Manufacturing by 208.9% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 312 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 211 shares during the last quarter. MBM Wealth Consultants LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $27,000. Carolinas Wealth Consulting LLC grew its stake in Taiwan Semiconductor Manufacturing by 334.8% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 287 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 221 shares during the period. Finally, PCA Investment Advisory Services Inc. bought a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $29,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Down 0.9 %

TSM stock opened at $140.24 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.13 and a current ratio of 2.40. The company has a market capitalization of $727.34 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 1.08 and a beta of 1.15. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $81.21 and a fifty-two week high of $158.40. The stock has a fifty day moving average of $130.56 and a 200-day moving average of $108.10.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last posted its quarterly earnings results on Thursday, January 18th. The semiconductor company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.07. Taiwan Semiconductor Manufacturing had a return on equity of 25.24% and a net margin of 38.80%. The company had revenue of $19.62 billion during the quarter, compared to the consensus estimate of $18.99 billion. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.16 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, June 13th will be paid a $0.4408 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.76 annualized dividend and a yield of 1.26%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 33.78%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. TD Cowen upped their price objective on Taiwan Semiconductor Manufacturing from $85.00 to $95.00 and gave the company a “market perform” rating in a research note on Friday, January 12th. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Tuesday. Needham & Company LLC upped their price objective on Taiwan Semiconductor Manufacturing from $115.00 to $133.00 and gave the company a “buy” rating in a research note on Friday, January 19th. Susquehanna upped their price objective on Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the company a “positive” rating in a research note on Tuesday. Finally, StockNews.com upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Friday, December 8th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and an average target price of $138.25.

Get Our Latest Report on TSM

About Taiwan Semiconductor Manufacturing

(Free Report)

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 complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors.

See Also

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

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