Baader Bank Aktiengesellschaft Decreases Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Baader Bank Aktiengesellschaft lessened its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 24.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,829 shares of the semiconductor company’s stock after selling 6,143 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Taiwan Semiconductor Manufacturing were worth $3,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Defender Capital LLC. boosted its position in Taiwan Semiconductor Manufacturing by 63.9% during the fourth quarter. Defender Capital LLC. now owns 2,565 shares of the semiconductor company’s stock worth $507,000 after purchasing an additional 1,000 shares during the period. Hanson & Doremus Investment Management grew its stake in Taiwan Semiconductor Manufacturing by 4.2% in the 4th quarter. Hanson & Doremus Investment Management now owns 92,157 shares of the semiconductor company’s stock valued at $18,200,000 after buying an additional 3,719 shares in the last quarter. Swedbank AB raised its holdings in Taiwan Semiconductor Manufacturing by 19.2% during the 4th quarter. Swedbank AB now owns 1,550,643 shares of the semiconductor company’s stock valued at $306,236,000 after acquiring an additional 249,540 shares during the period. Orrstown Financial Services Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 12.1% in the fourth quarter. Orrstown Financial Services Inc. now owns 1,372 shares of the semiconductor company’s stock worth $271,000 after acquiring an additional 148 shares during the period. Finally, Allen Capital Group LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 6.7% in the fourth quarter. Allen Capital Group LLC now owns 37,556 shares of the semiconductor company’s stock valued at $7,417,000 after purchasing an additional 2,354 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on TSM. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $202.46 on Thursday. The stock has a market cap of $1.05 trillion, a price-to-earnings ratio of 28.76, a P/E/G ratio of 0.74 and a beta of 1.07. The stock’s 50-day moving average is $201.42 and its 200 day moving average is $185.89. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $112.61 and a 1-year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping analysts’ consensus estimates 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 anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

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.