James Hambro & Partners grew its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 11.2% in the 1st quarter, Holdings Channel reports. The firm owned 616,519 shares of the semiconductor company’s stock after acquiring an additional 62,108 shares during the quarter. Taiwan Semiconductor Manufacturing comprises approximately 6.7% of James Hambro & Partners’ holdings, making the stock its 4th biggest position. James Hambro & Partners’ holdings in Taiwan Semiconductor Manufacturing were worth $72,860,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at $2,638,091,000. Jennison Associates LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 554.5% in the 4th quarter. Jennison Associates LLC now owns 9,695,245 shares of the semiconductor company’s stock valued at $1,057,170,000 after purchasing an additional 8,213,857 shares during the last quarter. Sanders Capital LLC boosted its stake in Taiwan Semiconductor Manufacturing by 6.4% during the 4th quarter. Sanders Capital LLC now owns 44,058,914 shares of the semiconductor company’s stock worth $5,179,530,000 after acquiring an additional 2,658,204 shares during the last quarter. Royal London Asset Management Ltd. raised its holdings in Taiwan Semiconductor Manufacturing by 215.9% during the 1st quarter. Royal London Asset Management Ltd. now owns 2,685,100 shares of the semiconductor company’s stock worth $317,594,000 after buying an additional 1,835,023 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Taiwan Semiconductor Manufacturing by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 40,759,216 shares of the semiconductor company’s stock worth $4,444,385,000 after buying an additional 1,195,001 shares during the period. Institutional investors and hedge funds own 18.27% of the company’s stock.

Taiwan Semiconductor Manufacturing stock opened at $114.75 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.75 and a quick ratio of 1.56. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $49.38 and a 12-month high of $142.20. The firm’s fifty day moving average price is $118.53 and its 200 day moving average price is $112.67. The company has a market capitalization of $595.10 billion, a price-to-earnings ratio of 34.10, a price-to-earnings-growth ratio of 1.26 and a beta of 0.99.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 15th. Stockholders of record on Friday, June 18th will be paid a $0.3527 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 41.00%.

TSM has been the subject of several research analyst reports. Susquehanna Bancshares reaffirmed 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 Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Saturday, April 17th. Susquehanna reaffirmed a “sell” rating and issued a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, January 26th. Sanford C. Bernstein raised Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price target for the company in a research note on Tuesday, January 12th. Finally, Atlantic Securities assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Monday, April 19th. They set a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $110.60.

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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