YHB Investment Advisors Inc. Has $487,000 Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

YHB Investment Advisors Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMGet Rating) by 9.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,953 shares of the semiconductor company’s stock after buying an additional 505 shares during the period. YHB Investment Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $487,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Assenagon Asset Management S.A. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1,692.3% in the 1st quarter. Assenagon Asset Management S.A. now owns 5,437,611 shares of the semiconductor company’s stock valued at $566,925,000 after purchasing an additional 5,134,222 shares during the period. GQG Partners LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 60.8% in the 4th quarter. GQG Partners LLC now owns 13,539,439 shares of the semiconductor company’s stock valued at $1,628,657,000 after purchasing an additional 5,117,716 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Taiwan Semiconductor Manufacturing by 723.1% in the 1st 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 during the period. NINE MASTS CAPITAL Ltd acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at about $260,402,000. Finally, Van ECK Associates Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing by 36.1% in the 1st quarter. Van ECK Associates Corp now owns 8,906,999 shares of the semiconductor company’s stock valued at $928,644,000 after purchasing an additional 2,362,646 shares during the period. Institutional investors and hedge funds own 16.86% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 2.0 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $75.63 on Friday. The stock has a market capitalization of $392.24 billion, a P/E ratio of 14.60, a PEG ratio of 0.51 and a beta of 0.99. The company has a quick ratio of 2.00, a current ratio of 2.25 and a debt-to-equity ratio of 0.31. The stock has a 50 day moving average price of $84.54 and a two-hundred day moving average price of $90.46. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $73.74 and a 12-month high of $145.00.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Rating) last announced its earnings results on Thursday, July 14th. The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.05. The firm had revenue of $18.16 billion during the quarter, compared to analysts’ expectations of $18.68 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.56% and a net margin of 40.53%. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.21 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 12th. Stockholders of record on Friday, December 16th will be given a $0.458 dividend. The ex-dividend date of this dividend is Thursday, December 15th. This represents a $1.83 annualized dividend and a dividend yield of 2.42%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TSM shares. Loop Capital started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 21st. They issued a “buy” rating for the company. Cowen set a $100.00 price target on Taiwan Semiconductor Manufacturing in a research note on Tuesday, July 19th. Susquehanna lowered their price target on Taiwan Semiconductor Manufacturing from $90.00 to $88.00 and set a “neutral” rating for the company in a research note on Thursday, July 14th. Finally, Susquehanna Bancshares lowered their price target on Taiwan Semiconductor Manufacturing from $90.00 to $88.00 and set a “neutral” rating for the company in a research note on Thursday, July 14th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and an average price target of $120.14.

About Taiwan Semiconductor Manufacturing

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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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