WINTON GROUP Ltd Buys New Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

WINTON GROUP Ltd bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMGet Rating) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,401 shares of the semiconductor company’s stock, valued at approximately $278,000.

Several other institutional investors and hedge funds also recently bought and sold shares of TSM. Egerton Capital UK LLP purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter valued at $389,645,000. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Taiwan Semiconductor Manufacturing by 723.1% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,965,700 shares of the semiconductor company’s stock valued at $309,204,000 after purchasing an additional 2,605,413 shares in the last quarter. NINE MASTS CAPITAL Ltd purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at $260,402,000. Van ECK Associates Corp raised its holdings in Taiwan Semiconductor Manufacturing by 36.1% during the first quarter. Van ECK Associates Corp now owns 8,906,999 shares of the semiconductor company’s stock valued at $928,644,000 after acquiring an additional 2,362,646 shares during the period. Finally, State Street Corp raised its holdings in Taiwan Semiconductor Manufacturing by 124.9% during the first quarter. State Street Corp now owns 4,078,090 shares of the semiconductor company’s stock valued at $427,158,000 after acquiring an additional 2,264,575 shares during the period. 16.86% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Trading Up 1.0 %

Shares of TSM stock opened at $82.27 on Monday. The stock’s 50-day moving average price is $69.76 and its 200-day moving average price is $80.74. The company has a current ratio of 2.49, a quick ratio of 2.22 and a debt-to-equity ratio of 0.32. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $59.43 and a 12-month high of $145.00. The stock has a market capitalization of $426.68 billion, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 0.58 and a beta of 0.95.

Taiwan Semiconductor Manufacturing Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 13th. Shareholders of record on Friday, March 17th will be paid a dividend of $0.3392 per share. The ex-dividend date of this dividend is Thursday, March 16th. This represents a $4.07 annualized dividend and a yield of 4.95%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 23.26%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TSM shares. Cowen decreased their price target on Taiwan Semiconductor Manufacturing to $75.00 in a report on Thursday, October 20th. StockNews.com started coverage on Taiwan Semiconductor Manufacturing in a report on Wednesday, October 12th. They set a “buy” rating on the stock. The Goldman Sachs Group cut Taiwan Semiconductor Manufacturing from a “conviction-buy” rating to a “buy” rating in a report on Thursday, October 13th. Erste Group Bank raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Friday. Finally, TheStreet cut Taiwan Semiconductor Manufacturing from a “b-” rating to a “c+” rating in a report on Friday, November 4th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $116.57.

Taiwan Semiconductor Manufacturing Company Profile

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Taiwan Semiconductor Manufacturing Company Limited manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors.

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

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