Everett Harris & Co. CA boosted its holdings in shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,336 shares of the semiconductor company’s stock after buying an additional 375 shares during the period. Everett Harris & Co. CA’s holdings in Taiwan Semiconductor Mfg. were worth $871,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Wellington Management Group LLP raised its stake in Taiwan Semiconductor Mfg. by 157.5% during the 1st quarter. Wellington Management Group LLP now owns 28,863,936 shares of the semiconductor company’s stock worth $1,379,407,000 after buying an additional 17,654,228 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Taiwan Semiconductor Mfg. by 6.7% during the 1st quarter. JPMorgan Chase & Co. now owns 75,185,700 shares of the semiconductor company’s stock worth $3,593,125,000 after buying an additional 4,709,074 shares during the last quarter. Capital International Investors boosted its holdings in shares of Taiwan Semiconductor Mfg. by 13.2% during the 1st quarter. Capital International Investors now owns 37,459,080 shares of the semiconductor company’s stock worth $1,790,170,000 after buying an additional 4,358,929 shares during the period. Schroder Investment Management Group grew its stake in Taiwan Semiconductor Mfg. by 16.9% in the 1st quarter. Schroder Investment Management Group now owns 14,280,284 shares of the semiconductor company’s stock valued at $713,586,000 after buying an additional 2,061,507 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in Taiwan Semiconductor Mfg. by 41.6% during the first quarter. Van ECK Associates Corp now owns 4,496,425 shares of the semiconductor company’s stock worth $214,884,000 after acquiring an additional 1,320,393 shares during the last quarter. Institutional investors own 18.63% of the company’s stock.

TSM has been the topic of several recent research reports. Macquarie upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to an “outperform” rating in a research report on Friday, July 24th. Wedbush assumed coverage on shares of Taiwan Semiconductor Mfg. in a report on Monday, April 27th. They issued an “outperform” rating on the stock. Zacks Investment Research raised shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research note on Saturday, April 18th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Taiwan Semiconductor Mfg. in a research note on Monday, July 27th. Finally, Credit Suisse Group upgraded shares of Taiwan Semiconductor Mfg. from a “neutral” rating to an “outperform” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. Taiwan Semiconductor Mfg. currently has an average rating of “Buy” and a consensus target price of $53.33.

Shares of Taiwan Semiconductor Mfg. stock opened at $78.89 on Friday. Taiwan Semiconductor Mfg. Co. Ltd. has a 12 month low of $39.78 and a 12 month high of $83.40. The firm has a market capitalization of $409.13 billion, a PE ratio of 27.39, a price-to-earnings-growth ratio of 1.29 and a beta of 0.88. The business’s 50-day moving average price is $62.66 and its 200-day moving average price is $55.44. The company has a current ratio of 1.36, a quick ratio of 1.23 and a debt-to-equity ratio of 0.04.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its earnings results on Thursday, July 16th. The semiconductor company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.05. The company had revenue of $310.70 billion during the quarter, compared to analyst estimates of $273.44 billion. Taiwan Semiconductor Mfg. had a return on equity of 27.95% and a net margin of 36.96%. Taiwan Semiconductor Mfg.’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.57 EPS. As a group, analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 3.13 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 18th will be given a dividend of $0.3304 per share. The ex-dividend date is Thursday, September 17th. This represents a $1.32 annualized dividend and a yield of 1.68%. Taiwan Semiconductor Mfg.’s payout ratio is currently 62.33%.

About Taiwan Semiconductor Mfg.

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

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

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