Natixis Has $3.23 Million Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Natixis decreased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 40.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,748 shares of the semiconductor company’s stock after selling 16,221 shares during the period. Natixis’ holdings in Taiwan Semiconductor Manufacturing were worth $3,231,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TSM. Joel Isaacson & Co. LLC grew its position in Taiwan Semiconductor Manufacturing by 2.5% during the 1st quarter. Joel Isaacson & Co. LLC now owns 3,048 shares of the semiconductor company’s stock worth $415,000 after acquiring an additional 74 shares during the last quarter. Toth Financial Advisory Corp grew its position in Taiwan Semiconductor Manufacturing by 3.3% during the 1st quarter. Toth Financial Advisory Corp now owns 2,288 shares of the semiconductor company’s stock worth $311,000 after acquiring an additional 74 shares during the last quarter. Principle Wealth Partners LLC grew its position in Taiwan Semiconductor Manufacturing by 1.3% during the 1st quarter. Principle Wealth Partners LLC now owns 5,940 shares of the semiconductor company’s stock worth $808,000 after acquiring an additional 77 shares during the last quarter. Physician Wealth Advisors Inc. grew its position in Taiwan Semiconductor Manufacturing by 3.0% during the 1st quarter. Physician Wealth Advisors Inc. now owns 3,081 shares of the semiconductor company’s stock worth $431,000 after acquiring an additional 90 shares during the last quarter. Finally, Retirement Group LLC boosted its position in Taiwan Semiconductor Manufacturing by 13.8% in the 1st quarter. Retirement Group LLC now owns 740 shares of the semiconductor company’s stock valued at $101,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

TSM has been the topic of a number of recent research reports. Sanford C. Bernstein increased their price objective on Taiwan Semiconductor Manufacturing from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, June 20th. Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, June 5th. StockNews.com upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. TD Cowen increased their price objective on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a research report on Thursday, July 18th. Finally, Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $200.00 to $250.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $200.00.

Taiwan Semiconductor Manufacturing Trading Up 1.3 %

Shares of NYSE:TSM traded up $2.10 during midday trading on Friday, hitting $162.38. The company had a trading volume of 2,077,278 shares, compared to its average volume of 15,764,410. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $84.01 and a 12 month high of $193.47. The company has a current ratio of 2.39, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The stock has a market cap of $842.17 billion, a price-to-earnings ratio of 30.54, a PEG ratio of 0.95 and a beta of 1.14. The firm has a fifty day simple moving average of $169.46 and a 200 day simple moving average of $144.49.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, July 18th. The semiconductor company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.11. The business had revenue of $20.82 billion for the quarter, compared to analyst estimates of $20.33 billion. Taiwan Semiconductor Manufacturing had a return on equity of 25.89% and a net margin of 37.85%. The firm’s revenue was up 34.6% on a year-over-year basis. During the same period last year, the company earned $1.14 EPS. On average, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.37 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Investors of record on Thursday, September 12th will be paid a dividend of $0.4865 per share. This represents a $1.95 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, September 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.44. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 32.57%.

Taiwan Semiconductor Manufacturing Company Profile

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 a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.