Dupont Capital Management Corp Has $16.04 Million Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Dupont Capital Management Corp lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 26.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,381 shares of the semiconductor company’s stock after selling 33,378 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 1.3% of Dupont Capital Management Corp’s investment portfolio, making the stock its 16th largest holding. Dupont Capital Management Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $16,044,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TSM. Defender Capital LLC. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 3.7% in the third quarter. Defender Capital LLC. now owns 1,565 shares of the semiconductor company’s stock valued at $272,000 after buying an additional 56 shares during the period. Seed Wealth Management Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 1.3% during the 2nd quarter. Seed Wealth Management Inc. now owns 4,558 shares of the semiconductor company’s stock worth $792,000 after acquiring an additional 57 shares during the period. Keudell Morrison Wealth Management increased its holdings in Taiwan Semiconductor Manufacturing by 1.5% in the second quarter. Keudell Morrison Wealth Management now owns 4,027 shares of the semiconductor company’s stock valued at $700,000 after purchasing an additional 59 shares during the last quarter. Heron Bay Capital Management raised its position in shares of Taiwan Semiconductor Manufacturing by 1.0% in the 2nd quarter. Heron Bay Capital Management now owns 5,710 shares of the semiconductor company’s stock valued at $992,000 after acquiring an additional 59 shares during the period. Finally, Azzad Asset Management Inc. ADV grew its holdings in shares of Taiwan Semiconductor Manufacturing by 0.4% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 14,166 shares of the semiconductor company’s stock valued at $2,460,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on TSM. TD Cowen boosted their target price on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a research note on Thursday, July 18th. Needham & Company LLC reaffirmed a “buy” rating and issued a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $200.00.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $198.49 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.47. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $84.95 and a 52-week high of $212.60. The company has a market capitalization of $1.03 trillion, a P/E ratio of 31.81, a PEG ratio of 1.16 and a beta of 1.14. The company has a fifty day moving average price of $176.52 and a 200-day moving average price of $165.27.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be given a dividend of $0.4871 per share. This represents a $1.95 dividend on an annualized basis and a dividend yield of 0.98%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Thursday, December 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 31.57%.

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.