JJJ Advisors Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 14.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,442 shares of the semiconductor company’s stock after buying an additional 567 shares during the period. JJJ Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $525,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. TRUE Private Wealth Advisors purchased a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth about $26,000. Montag A & Associates Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth about $26,000. Pflug Koory LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth about $33,000. Kings Point Capital Management bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $33,000. Finally, Hoese & Co LLP bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $36,000. Hedge funds and other institutional investors own 18.27% of the company’s stock.

Taiwan Semiconductor Manufacturing stock traded down $0.63 during mid-day trading on Tuesday, reaching $115.31. The stock had a trading volume of 26,880 shares, compared to its average volume of 12,771,823. The company has a market capitalization of $598.01 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 1.26 and a beta of 0.99. The company has a 50-day moving average price of $118.53 and a two-hundred day moving average price of $112.67. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $49.38 and a one year high of $142.20. 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 business also recently announced a quarterly dividend, which will be paid on Thursday, July 15th. Shareholders of record on Friday, June 18th will be paid a dividend of $0.3527 per share. This represents a $1.41 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 41.00%.

A number of equities analysts have recently commented on TSM shares. Atlantic Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, April 19th. They issued a “neutral” rating for the company. Susquehanna reiterated a “sell” rating and set a $74.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, January 26th. Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Saturday, April 17th. Susquehanna Bancshares reiterated a “sell” rating and set a $74.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, January 26th. Finally, Sanford C. Bernstein upgraded shares of Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 target price for the company in a research report on Tuesday, January 12th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $110.60.

Taiwan Semiconductor Manufacturing 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.

Read More: Net Margin – Understanding the Different Kinds of Profit

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM).

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

Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.