Transcend Capital Advisors LLC Buys 152 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)



Transcend Capital Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Rating) by 7.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,097 shares of the semiconductor company’s stock after acquiring an additional 152 during the period. Transcend Capital Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $219,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Capital World Investors lifted its stake in Taiwan Semiconductor Manufacturing by 2.0% during the 4th quarter. Capital World Investors now owns 36,229,363 shares of the semiconductor company’s stock valued at $4,358,774,000 after acquiring an additional 723,057 shares in the last quarter. WCM Investment Management LLC lifted its stake in Taiwan Semiconductor Manufacturing by 0.6% during the 4th quarter. WCM Investment Management LLC now owns 26,212,577 shares of the semiconductor company’s stock valued at $3,153,635,000 after acquiring an additional 150,902 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Taiwan Semiconductor Manufacturing by 2.2% during the 4th quarter. Fisher Asset Management LLC now owns 25,937,073 shares of the semiconductor company’s stock valued at $3,120,489,000 after acquiring an additional 557,498 shares in the last quarter. BlackRock Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 2.3% during the 4th quarter. BlackRock Inc. Now owns 16,286,362 shares of the semiconductor company’s stock valued at $1,959,412,000 after acquiring an additional 365,237 shares in the last quarter. Finally, GQG Partners LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 60.8% during the 4th quarter. GQG Partners LLC now owns 13,539,439 shares of the semiconductor company’s stock valued at $1,628,657,000 after purchasing an additional 5,117,716 shares during the last quarter.

Shares of TSM opened at $77.00 on Tuesday. The business has a 50-day moving average of $89.47 and a 200 day moving average of $105.52. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $76.18 and a fifty-two week high of $145.00. The firm has a market cap of $399.33 billion, a P/E ratio of 16.89 and a beta of 0.99. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.85 and a current ratio of 2.09.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Rating) last announced its quarterly earnings data on Thursday, April 14th. The semiconductor company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.09. The company had revenue of $491.08 billion during the quarter, compared to analyst estimates of $471.53 billion. Taiwan Semiconductor Manufacturing had a return on equity of 30.84% ​​and a net margin of 38.44%. The firm’s revenue for the quarter was up 35.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.96 EPS. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 5.93 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Friday, September 16th will be issued a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Thursday, September 15th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. Taiwan Semiconductor Manufacturing’s payout ratio is presently 32.46%.

Several equities research analysts have recently issued reports on TSM shares. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 14th. StockNews.com started coverage on Taiwan Semiconductor Manufacturing in a research report on Thursday, March 31st. They set a “buy” rating for the company. Loop Capital started coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 21st. They set a “buy” rating for the company. Finally, lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Thursday, April 14th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and an average target price of $137.50.

Taiwan Semiconductor Manufacturing Profile (Get Rating)

Taiwan Semiconductor Manufacturing Company Limited 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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