Stifel Financial Corp Has $180.95 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Stifel Financial Corp decreased its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 916,228 shares of the semiconductor company’s stock after selling 7,617 shares during the period. Stifel Financial Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $180,947,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Morse Asset Management Inc increased its holdings in shares of Taiwan Semiconductor Manufacturing by 120.7% in the third quarter. Morse Asset Management Inc now owns 17,703 shares of the semiconductor company’s stock valued at $3,074,000 after purchasing an additional 9,683 shares in the last quarter. Advisory Resource Group lifted its holdings in Taiwan Semiconductor Manufacturing by 1.4% during the 3rd quarter. Advisory Resource Group now owns 7,984 shares of the semiconductor company’s stock worth $1,387,000 after buying an additional 107 shares in the last quarter. Virtu Financial LLC boosted its position in Taiwan Semiconductor Manufacturing by 242.1% in the 3rd quarter. Virtu Financial LLC now owns 28,669 shares of the semiconductor company’s stock valued at $4,979,000 after buying an additional 20,289 shares during the last quarter. Chelsea Counsel Co. increased its stake in shares of Taiwan Semiconductor Manufacturing by 25.0% in the 3rd quarter. Chelsea Counsel Co. now owns 500 shares of the semiconductor company’s stock valued at $87,000 after buying an additional 100 shares during the period. Finally, Tudor Financial Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth $530,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 2.4 %

Taiwan Semiconductor Manufacturing stock opened at $148.04 on Tuesday. 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 debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a market capitalization of $767.80 billion, a price-to-earnings ratio of 21.03, a PEG ratio of 0.66 and a beta of 1.16. The company’s 50 day simple moving average is $172.56 and its 200 day simple moving average is $189.92.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, April 17th. The semiconductor company reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. The business had revenue of $25.82 billion during the quarter, compared to analysts’ expectations of $834.10 billion. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a $0.6855 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.85%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 30.68%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Susquehanna decreased their price target on Taiwan Semiconductor Manufacturing from $265.00 to $250.00 and set a “positive” rating on the stock in a report on Thursday, April 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Barclays cut their price objective on shares of Taiwan Semiconductor Manufacturing from $255.00 to $215.00 and set an “overweight” rating on the stock in a report on Monday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of “Moderate Buy” and a consensus target price of $212.00.

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.