Susquehanna International Group Ltd. Acquires Shares of 7,854 Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

Susquehanna International Group Ltd. acquired a new stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 7,854 shares of the semiconductor company’s stock, valued at approximately $308,000. Taiwan Semiconductor Mfg. comprises approximately 1.0% of Susquehanna International Group Ltd.’s investment portfolio, making the stock its 16th biggest position.

A number of other hedge funds also recently made changes to their positions in TSM. Bank of New York Mellon Corp lifted its stake in Taiwan Semiconductor Mfg. by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 39,362,944 shares of the semiconductor company’s stock valued at $1,541,848,000 after buying an additional 212,600 shares in the last quarter. Sanders Capital LLC increased its holdings in shares of Taiwan Semiconductor Mfg. by 2.8% in the second quarter. Sanders Capital LLC now owns 36,914,907 shares of the semiconductor company’s stock valued at $1,597,773,000 after purchasing an additional 1,011,400 shares during the last quarter. WCM Investment Management LLC increased its holdings in shares of Taiwan Semiconductor Mfg. by 3.7% in the second quarter. WCM Investment Management LLC now owns 25,737,901 shares of the semiconductor company’s stock valued at $1,008,153,000 after purchasing an additional 926,095 shares during the last quarter. FMR LLC grew its stake in shares of Taiwan Semiconductor Mfg. by 17.0% in the first quarter. FMR LLC now owns 18,457,357 shares of the semiconductor company’s stock valued at $756,013,000 after acquiring an additional 2,687,148 shares in the last quarter. Finally, Lazard Asset Management LLC grew its stake in shares of Taiwan Semiconductor Mfg. by 32.8% in the first quarter. Lazard Asset Management LLC now owns 15,770,378 shares of the semiconductor company’s stock valued at $645,953,000 after acquiring an additional 3,897,469 shares in the last quarter. Hedge funds and other institutional investors own 19.03% of the company’s stock.

Several equities analysts recently commented on TSM shares. Morgan Stanley upgraded shares of Taiwan Semiconductor Mfg. from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, September 4th. Zacks Investment Research upgraded shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “buy” rating and set a $47.00 price target on the stock in a research note on Saturday, August 3rd. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Thursday, September 5th. Finally, CLSA upgraded shares of Taiwan Semiconductor Mfg. from an “underperform” rating to a “buy” rating in a research note on Friday, July 19th. Five equities research analysts have rated the stock with a buy rating, Taiwan Semiconductor Mfg. presently has a consensus rating of “Buy” and an average target price of $48.50.

Taiwan Semiconductor Mfg. stock traded down $0.29 during trading hours on Wednesday, reaching $44.84. 3,145,069 shares of the stock were exchanged, compared to its average volume of 4,876,092. The company has a market cap of $232.03 billion, a P/E ratio of 20.02, a price-to-earnings-growth ratio of 3.52 and a beta of 1.01. The company has a current ratio of 1.62, a quick ratio of 1.45 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a twelve month low of $34.22 and a twelve month high of $45.64. The stock has a 50 day moving average of $42.38 and a two-hundred day moving average of $41.32.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings data on Thursday, July 18th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). The firm had revenue of $241 billion for the quarter, compared to analyst estimates of $236.65 billion. Taiwan Semiconductor Mfg. had a return on equity of 19.37% and a net margin of 31.42%. The company’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.79 earnings per share. On average, analysts expect that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.02 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 17th. Shareholders of record on Friday, September 20th will be paid a dividend of $0.251 per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a $1.00 dividend on an annualized basis and a yield of 2.24%. Taiwan Semiconductor Mfg.’s payout ratio is 45.54%.

Taiwan Semiconductor Mfg. Company Profile

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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