Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Holdings Lessened by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise decreased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 10.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,672 shares of the semiconductor company’s stock after selling 7,077 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Taiwan Semiconductor Manufacturing were worth $10,016,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TSM. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter worth $25,000. Valley Wealth Managers Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at $27,000. Olistico Wealth LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter worth about $27,000. Finally, NewSquare Capital LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $29,000. Institutional investors own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Needham & Company LLC reiterated a “buy” rating and set a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an “overweight” rating in a research report on Monday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $214.00.

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM opened at $187.44 on Tuesday. The firm has a market capitalization of $972.14 billion, a PE ratio of 30.04, a P/E/G ratio of 0.87 and a beta of 1.12. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $95.25 and a 12 month high of $212.60. The company’s 50 day simple moving average is $186.28 and its 200 day simple moving average is $172.79.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.20. The company had revenue of $23.50 billion for the quarter, compared to the consensus estimate of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.84 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm 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 $0.5484 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 1.17%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s payout ratio is currently 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.