Partnervest Advisory Services LLC raised its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,950 shares of the semiconductor company’s stock after buying an additional 399 shares during the period. Partnervest Advisory Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $453,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Cookson Peirce & Co. Inc. raised its position in Taiwan Semiconductor Manufacturing by 3.3% in the first quarter. Cookson Peirce & Co. Inc. now owns 427,505 shares of the semiconductor company’s stock valued at $14,039,000 after buying an additional 13,740 shares during the period. Tower Research Capital LLC TRC raised its position in Taiwan Semiconductor Manufacturing by 46.7% in the first quarter. Tower Research Capital LLC TRC now owns 33,570 shares of the semiconductor company’s stock valued at $1,103,000 after buying an additional 10,685 shares during the period. Cumberland Partners Ltd acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $2,034,000. Wetherby Asset Management Inc. raised its position in Taiwan Semiconductor Manufacturing by 7.6% in the first quarter. Wetherby Asset Management Inc. now owns 76,717 shares of the semiconductor company’s stock valued at $2,519,000 after buying an additional 5,406 shares during the period. Finally, Bancorpsouth Inc. raised its position in Taiwan Semiconductor Manufacturing by 18.9% in the first quarter. Bancorpsouth Inc. now owns 10,455 shares of the semiconductor company’s stock valued at $343,000 after buying an additional 1,663 shares during the period. Institutional investors and hedge funds own 19.93% of the company’s stock.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM) opened at 36.46 on Thursday. The company has a market cap of $189.08 billion, a price-to-earnings ratio of 16.42 and a beta of 0.77. The stock has a 50 day moving average of $35.83 and a 200 day moving average of $33.78. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $28.20 and a 12-month high of $36.96.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.08. The firm had revenue of $213.86 billion for the quarter, compared to analyst estimates of $214.25 billion. Taiwan Semiconductor Manufacturing had a net margin of 36.11% and a return on equity of 25.65%. The company’s revenue was down 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.80 EPS. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 earnings per share for the current fiscal year.

The company also recently declared an annual dividend, which was paid on Thursday, July 20th. Stockholders of record on Wednesday, June 28th were given a dividend of $0.927 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous annual dividend of $0.74. The ex-dividend date of this dividend was Monday, June 26th. This represents a dividend yield of 3.25%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 42.59%.

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TSM has been the subject of several research reports. BidaskClub lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th. HSBC Holdings plc lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Wednesday, June 21st. Credit Suisse Group lowered shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a report on Monday, May 15th. Finally, Rosenblatt Securities set a $27.00 target price on shares of Taiwan Semiconductor Manufacturing and gave the stock a “buy” rating in a report on Saturday, April 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $31.67.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

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

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