Park National Corp OH lessened its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,923 shares of the semiconductor company’s stock after selling 179 shares during the period. Park National Corp OH’s holdings in Taiwan Semiconductor Manufacturing were worth $819,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Benjamin F. Edwards & Company Inc. raised its stake in Taiwan Semiconductor Manufacturing by 3.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,975 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 73 shares during the period. Ayalon Holdings Ltd. raised its stake in Taiwan Semiconductor Manufacturing by 0.4% in the 4th quarter. Ayalon Holdings Ltd. now owns 22,535 shares of the semiconductor company’s stock valued at $2,464,000 after acquiring an additional 95 shares during the period. Stonebridge Capital Advisors LLC raised its stake in Taiwan Semiconductor Manufacturing by 3.5% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 3,092 shares of the semiconductor company’s stock valued at $337,000 after acquiring an additional 104 shares during the period. Zacks Investment Management raised its stake in Taiwan Semiconductor Manufacturing by 4.2% in the 4th quarter. Zacks Investment Management now owns 2,769 shares of the semiconductor company’s stock valued at $302,000 after acquiring an additional 112 shares during the period. Finally, Semmax Financial Advisors Inc. raised its stake in Taiwan Semiconductor Manufacturing by 1.3% in the 4th quarter. Semmax Financial Advisors Inc. now owns 9,481 shares of the semiconductor company’s stock valued at $1,034,000 after acquiring an additional 118 shares during the period. Institutional investors and hedge funds own 18.27% of the company’s stock.

TSM has been the topic of a number of research analyst reports. Sanford C. Bernstein upgraded Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price target on the stock in a research note on Tuesday, January 12th. Susquehanna Bancshares reiterated a “sell” rating and set a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, January 26th. Zacks Investment Research cut Taiwan Semiconductor Manufacturing from a “hold” rating to a “sell” rating in a research report on Wednesday, March 17th. Finally, Susquehanna reiterated a “sell” rating and set a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, January 26th. Three research analysts have rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $105.75.

TSM stock opened at $122.27 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.75 and a quick ratio of 1.56. The stock has a market capitalization of $634.10 billion, a price-to-earnings ratio of 35.26, a PEG ratio of 1.26 and a beta of 0.99. The business’s fifty day moving average price is $122.06 and its two-hundred day moving average price is $108.00. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $47.72 and a fifty-two week high of $142.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 14th. The semiconductor company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.05. The company had revenue of $12.68 billion for the quarter, compared to analyst estimates of $12.90 billion. Taiwan Semiconductor Manufacturing had a return on equity of 28.73% and a net margin of 37.94%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 4.01 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 15th. Stockholders of record on Friday, June 18th will be issued a dividend of $0.3527 per share. This represents a $1.41 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 41.89%.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.

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

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