Dupont Capital Management Corp Lowers Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Dupont Capital Management Corp trimmed its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMFree Report) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,422 shares of the semiconductor company’s stock after selling 5,004 shares during the period. Taiwan Semiconductor Manufacturing comprises about 1.7% of Dupont Capital Management Corp’s investment portfolio, making the stock its 15th biggest position. Dupont Capital Management Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $20,012,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Baystate Wealth Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 1,333.3% in the second quarter. Baystate Wealth Management LLC now owns 258 shares of the semiconductor company’s stock worth $26,000 after buying an additional 240 shares in the last quarter. Financial Gravity Asset Management Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 208.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 312 shares of the semiconductor company’s stock worth $27,000 after buying an additional 211 shares in the last quarter. MBM Wealth Consultants LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth about $27,000. Carolinas Wealth Consulting LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 334.8% in the second quarter. Carolinas Wealth Consulting LLC now owns 287 shares of the semiconductor company’s stock worth $29,000 after buying an additional 221 shares in the last quarter. Finally, PCA Investment Advisory Services Inc. purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $29,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the stock a “positive” rating in a research report on Tuesday. StockNews.com upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Friday, December 8th. 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 report on Tuesday. 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 report on Friday, January 12th. Finally, 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 report on Friday, January 19th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $138.25.

Get Our Latest Stock Analysis on TSM

Taiwan Semiconductor Manufacturing Trading Down 0.9 %

TSM opened at $140.24 on Wednesday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $81.21 and a one year high of $158.40. The stock has a market cap of $727.34 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 1.08 and a beta of 1.15. The stock’s 50 day moving average price is $130.56 and its 200-day moving average price is $108.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.13 and a current ratio of 2.40.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last announced its quarterly earnings data on Thursday, January 18th. The semiconductor company reported $1.44 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $18.99 billion. On average, equities analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.16 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Investors 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 (DPR) is currently 33.78%.

Taiwan Semiconductor Manufacturing Company Profile

(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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