Skandinaviska Enskilda Banken AB publ Has $4.65 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Skandinaviska Enskilda Banken AB publ boosted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 66.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,174 shares of the semiconductor company’s stock after buying an additional 9,262 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Taiwan Semiconductor Manufacturing were worth $4,645,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TSM. Stonebridge Financial Group LLC acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $25,000. Hopwood Financial Services Inc. acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $27,000. Roxbury Financial LLC acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $29,000. Archer Investment Corp increased its stake in Taiwan Semiconductor Manufacturing by 48.1% in the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 62 shares in the last quarter. Finally, Endeavor Private Wealth Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 1.5 %

TSM opened at $174.16 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40. The firm has a market capitalization of $903.29 billion, a PE ratio of 24.74, a P/E/G ratio of 0.66 and a beta of 1.13. The company’s 50-day moving average is $199.22 and its 200 day moving average is $191.86.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid a $0.6855 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. This represents a $2.74 annualized dividend and a yield of 1.57%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 30.68%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Finally, Barclays increased their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing 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.