Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Metropolis Capital Ltd

Metropolis Capital Ltd boosted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 45.4% in the 4th quarter, HoldingsChannel reports. The firm owned 383,552 shares of the semiconductor company’s stock after purchasing an additional 119,719 shares during the period. Taiwan Semiconductor Manufacturing makes up about 2.7% of Metropolis Capital Ltd’s holdings, making the stock its 13th largest holding. Metropolis Capital Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $75,748,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Client Services LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at $201,000. Trust Co of the South boosted its stake in Taiwan Semiconductor Manufacturing by 232.8% in the 4th quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company’s stock worth $1,752,000 after buying an additional 6,204 shares during the last quarter. Headwater Capital Co Ltd purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $49,372,000. NRI Wealth Management LC purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $1,545,000. Finally, FNY Investment Advisers LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 194.2% during the 4th quarter. FNY Investment Advisers LLC now owns 16,115 shares of the semiconductor company’s stock valued at $3,182,000 after acquiring an additional 10,637 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on TSM shares. Needham & Company LLC restated a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $224.36 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.16 trillion, a P/E ratio of 31.87, a PEG ratio of 0.74 and a beta of 1.07. The firm has a fifty day moving average of $199.64 and a 200-day moving average of $185.24. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $112.61 and a 52-week high of $225.43.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating the consensus estimate 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 predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be issued a $0.5484 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 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.