KDT Advisors LLC reduced its holdings in  Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 19.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor  owned 1,890 shares of the semiconductor company’s stock after selling 460 shares during the period. KDT Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $428,000 as of its most recent filing with the Securities & Exchange Commission. 
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TSM. Alliance Wealth Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 2.4% during the second quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company’s stock valued at $411,000 after acquiring an additional 43 shares in the last quarter. Pflug Koory LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 3.9% in the second quarter. Pflug Koory LLC now owns 1,133 shares of the semiconductor company’s stock valued at $257,000 after buying an additional 43 shares in the last quarter. Frazier Financial Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 9.1% in the 2nd quarter. Frazier Financial Advisors LLC now owns 517 shares of the semiconductor company’s stock valued at $117,000 after buying an additional 43 shares in the last quarter. Flagship Harbor Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 1.2% during the second quarter. Flagship Harbor Advisors LLC now owns 3,621 shares of the semiconductor company’s stock worth $820,000 after buying an additional 43 shares in the last quarter. Finally, Liberty One Investment Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 4.3% in the 2nd quarter. Liberty One Investment Management LLC now owns 1,076 shares of the semiconductor company’s stock valued at $244,000 after acquiring an additional 44 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors.
Taiwan Semiconductor Manufacturing Price Performance
Shares of NYSE TSM opened at $300.49 on Monday. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $1.56 trillion, a price-to-earnings ratio of 30.82, a PEG ratio of 1.02 and a beta of 1.28. The firm has a 50-day moving average of $274.26 and a two-hundred day moving average of $233.26. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $311.37.
Taiwan Semiconductor Manufacturing Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a $0.8348 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 26.97%.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Needham & Company LLC reiterated a “buy” rating and issued a $360.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, October 27th. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Finally, Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They issued an “outperform” rating for the company. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Buy” and a consensus target price of $371.67.
View Our Latest Report on Taiwan Semiconductor Manufacturing
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.
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