B. Metzler seel. Sohn & Co. Holding AG Invests $65.68 Million in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 378,166 shares of the semiconductor company’s stock, valued at approximately $65,676,000.

Several other large investors also recently bought and sold shares of TSM. Atlantic Edge Private Wealth Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth approximately $25,000. Reston Wealth Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $25,000. Olistico Wealth LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $27,000. Valley Wealth Managers Inc. acquired a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $27,000. Finally, NewSquare Capital LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

TSM opened at $187.44 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a fifty day moving average price of $186.28 and a 200 day moving average price of $172.79. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $95.25 and a 1 year high of $212.60. The stock has a market cap of $972.14 billion, a P/E ratio of 30.04, a P/E/G ratio of 0.87 and a beta of 1.12.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. The firm had revenue of $23.50 billion during the quarter, compared to analysts’ expectations of $22.72 billion. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.84 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This represents a $2.19 annualized dividend and a yield of 1.17%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 31.57%.

Analysts Set New Price Targets

TSM has been the subject of several research reports. Needham & Company LLC restated a “buy” rating and set a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, October 17th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Finally, Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Monday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.00.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, 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 a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.