Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,945,236 shares of the semiconductor company’s stock after purchasing an additional 248,279 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 0.6% of American Century Companies Inc.’s holdings, making the stock its 18th largest position. American Century Companies Inc. owned approximately 0.10% of Taiwan Semiconductor Manufacturing worth $976,635,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. lifted its position in Taiwan Semiconductor Manufacturing by 3.1% in the 3rd quarter. First Horizon Advisors Inc. now owns 8,181 shares of the semiconductor company’s stock valued at $1,421,000 after purchasing an additional 247 shares during the last quarter. King Luther Capital Management Corp raised its holdings in shares of Taiwan Semiconductor Manufacturing by 1.5% during the third quarter. King Luther Capital Management Corp now owns 6,913 shares of the semiconductor company’s stock valued at $1,201,000 after buying an additional 101 shares during the last quarter. LPL Financial LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 17.7% during the third quarter. LPL Financial LLC now owns 1,149,145 shares of the semiconductor company’s stock worth $199,572,000 after buying an additional 172,918 shares during the period. Smithfield Trust Co grew its holdings in Taiwan Semiconductor Manufacturing by 3.7% in the 3rd quarter. Smithfield Trust Co now owns 5,738 shares of the semiconductor company’s stock worth $997,000 after buying an additional 203 shares in the last quarter. Finally, 49 Wealth Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at approximately $513,000. 16.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Needham & Company LLC restated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 0.5 %

Shares of TSM stock opened at $176.58 on Friday. The stock has a 50-day simple moving average of $195.68 and a 200 day simple moving average of $191.89. The stock has a market capitalization of $915.81 billion, a P/E ratio of 25.08, a P/E/G ratio of 0.66 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a $0.6855 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.55%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 30.68%.

Taiwan Semiconductor Manufacturing 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.