Robeco Institutional Asset Management B.V. Boosts Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Robeco Institutional Asset Management B.V. raised its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 166.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 858,345 shares of the semiconductor company’s stock after purchasing an additional 536,551 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Taiwan Semiconductor Manufacturing were worth $169,515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ProShare Advisors LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 25.2% during the second quarter. ProShare Advisors LLC now owns 1,935 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 390 shares during the last quarter. Ascent Group LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 11.8% during the second quarter. Ascent Group LLC now owns 4,993 shares of the semiconductor company’s stock worth $868,000 after acquiring an additional 525 shares during the last quarter. Magnolia Capital Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth about $450,000. Sunbelt Securities Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 6.4% during the second quarter. Sunbelt Securities Inc. now owns 5,587 shares of the semiconductor company’s stock worth $971,000 after acquiring an additional 336 shares during the last quarter. Finally, Regal Investment Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth about $579,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 5.1 %

Shares of NYSE:TSM opened at $202.17 on Wednesday. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $112.61 and a 12-month high of $226.40. The company has a market capitalization of $1.05 trillion, a PE ratio of 28.72, a PEG ratio of 0.74 and a beta of 1.07. The business has a 50 day moving average of $201.42 and a two-hundred day moving average of $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 (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. As a group, analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced 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 represents a $2.19 annualized dividend and a dividend yield of 1.09%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 27.27%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Finally, Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

About Taiwan Semiconductor Manufacturing

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.