Sarasin & Partners LLP boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,666,126 shares of the semiconductor company’s stock after buying an additional 8,962 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 3.2% of Sarasin & Partners LLP’s holdings, making the stock its 7th largest position. Sarasin & Partners LLP’s holdings in Taiwan Semiconductor Manufacturing were worth $163,128,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TSM. Cookson Peirce & Co. Inc. increased its position in Taiwan Semiconductor Manufacturing by 3.3% in the first quarter. Cookson Peirce & Co. Inc. now owns 427,505 shares of the semiconductor company’s stock valued at $14,039,000 after buying an additional 13,740 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Taiwan Semiconductor Manufacturing by 46.7% in the first quarter. Tower Research Capital LLC TRC now owns 33,570 shares of the semiconductor company’s stock valued at $1,103,000 after buying an additional 10,685 shares in the last quarter. Cumberland Partners Ltd purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $2,034,000. Wetherby Asset Management Inc. increased its position in Taiwan Semiconductor Manufacturing by 7.6% in the first quarter. Wetherby Asset Management Inc. now owns 76,717 shares of the semiconductor company’s stock valued at $2,519,000 after buying an additional 5,406 shares in the last quarter. Finally, Bancorpsouth Inc. increased its position in Taiwan Semiconductor Manufacturing by 18.9% in the first quarter. Bancorpsouth Inc. now owns 10,455 shares of the semiconductor company’s stock valued at $343,000 after buying an additional 1,663 shares in the last quarter. Hedge funds and other institutional investors own 19.65% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) opened at 35.88 on Monday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $28.20 and a 12 month high of $36.96. The company has a market capitalization of $186.07 billion, a P/E ratio of 16.16 and a beta of 0.77. The stock’s 50 day moving average price is $35.78 and its 200-day moving average price is $33.84.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 36.11% and a return on equity of 25.65%. The company had revenue of $213.86 billion during the quarter, compared to the consensus estimate of $214.25 billion. During the same period last year, the firm posted $2.80 EPS. The company’s revenue was down 3.6% on a year-over-year basis. On average, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 EPS for the current fiscal year.

The business also recently announced an annual dividend, which was paid on Thursday, July 20th. Stockholders of record on Wednesday, June 28th were paid a $0.927 dividend. This represents a dividend yield of 3.25%. The ex-dividend date of this dividend was Monday, June 26th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous annual dividend of $0.74. Taiwan Semiconductor Manufacturing’s payout ratio is 42.59%.

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TSM has been the subject of several research reports. BidaskClub downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th. HSBC Holdings plc downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Finally, Credit Suisse Group downgraded Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $31.67.

Taiwan Semiconductor Manufacturing 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.

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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