Trust Department MB Financial Bank N A held its position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,855 shares of the semiconductor company’s stock at the end of the second quarter. Trust Department MB Financial Bank N A’s holdings in Taiwan Semiconductor Mfg. Co. were worth $1,393,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. Advisory Services Network LLC acquired a new position in Taiwan Semiconductor Mfg. Co. during the first quarter worth $184,000. U S Global Investors Inc acquired a new position in Taiwan Semiconductor Mfg. Co. during the first quarter worth $187,000. Ingalls & Snyder LLC acquired a new position in Taiwan Semiconductor Mfg. Co. during the first quarter worth $205,000. BBR Partners LLC acquired a new position in Taiwan Semiconductor Mfg. Co. during the first quarter worth $206,000. Finally, Banco BTG Pactual S.A. acquired a new position in Taiwan Semiconductor Mfg. Co. during the first quarter worth $207,000. 20.00% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Mfg. Co. Ltd. (TSM) traded up 0.67% during mid-day trading on Friday, hitting $36.03. 4,071,429 shares of the stock traded hands. The company has a market cap of $186.85 billion, a price-to-earnings ratio of 16.34 and a beta of 0.77. The stock’s 50 day moving average is $35.75 and its 200-day moving average is $33.55. Taiwan Semiconductor Mfg. Co. Ltd. has a 12 month low of $28.20 and a 12 month high of $36.92.

Taiwan Semiconductor Mfg. Co. (NYSE:TSM) last posted its quarterly earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.50 by $0.08. The company had revenue of $213.86 billion for the quarter, compared to analysts’ expectations of $214.25 billion. Taiwan Semiconductor Mfg. Co. had a return on equity of 24.71% and a net margin of 37.46%. The business’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.80 EPS. On average, equities research analysts anticipate that Taiwan Semiconductor Mfg. Co. Ltd. will post $2.15 EPS for the current year.

The business also recently declared an annual dividend, which was paid on Thursday, July 20th. Shareholders of record on Wednesday, June 28th were paid a dividend of $0.927 per share. The ex-dividend date of this dividend was Monday, June 26th. This represents a yield of 3.25%. This is an increase from Taiwan Semiconductor Mfg. Co.’s previous annual dividend of $0.74. Taiwan Semiconductor Mfg. Co.’s dividend payout ratio (DPR) is currently 42.59%.

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A number of research analysts have weighed in on the stock. Rosenblatt Securities set a $27.00 target price on shares of Taiwan Semiconductor Mfg. Co. and gave the stock a “buy” rating in a research note on Saturday, April 15th. BidaskClub lowered shares of Taiwan Semiconductor Mfg. Co. from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. Co. from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Thursday, June 15th. Credit Suisse Group lowered shares of Taiwan Semiconductor Mfg. Co. from an “outperform” rating to a “neutral” rating in a research note on Monday, May 15th. Finally, HSBC Holdings plc lowered shares of Taiwan Semiconductor Mfg. Co. from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. Taiwan Semiconductor Mfg. Co. presently has a consensus rating of “Hold” and an average price target of $31.67.

Taiwan Semiconductor Mfg. Co. Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

Institutional Ownership by Quarter for Taiwan Semiconductor Mfg. Co. (NYSE:TSM)

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