Vigilant Capital Management LLC Buys 3,945 Shares of Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

Vigilant Capital Management LLC grew its stake in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) by 1.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 356,878 shares of the semiconductor company’s stock after purchasing an additional 3,945 shares during the quarter. Vigilant Capital Management LLC’s holdings in Taiwan Semiconductor Mfg. were worth $13,979,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lazard Asset Management LLC grew its position in shares of Taiwan Semiconductor Mfg. by 32.8% in the 1st quarter. Lazard Asset Management LLC now owns 15,770,378 shares of the semiconductor company’s stock worth $645,953,000 after buying an additional 3,897,469 shares during the period. Bank of Montreal Can grew its position in Taiwan Semiconductor Mfg. by 158.7% during the 1st quarter. Bank of Montreal Can now owns 6,081,941 shares of the semiconductor company’s stock valued at $249,116,000 after purchasing an additional 3,731,319 shares during the last quarter. FMR LLC grew its position in Taiwan Semiconductor Mfg. by 22.1% during the 4th quarter. FMR LLC now owns 15,770,209 shares of the semiconductor company’s stock valued at $582,078,000 after purchasing an additional 2,854,186 shares during the last quarter. Thoroughbred Financial Services LLC grew its position in Taiwan Semiconductor Mfg. by 3,765.0% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 2,309,198 shares of the semiconductor company’s stock valued at $230,920,000 after purchasing an additional 2,249,451 shares during the last quarter. Finally, Sanders Capital LLC grew its position in Taiwan Semiconductor Mfg. by 6.1% during the 1st quarter. Sanders Capital LLC now owns 35,903,507 shares of the semiconductor company’s stock valued at $1,625,456,000 after purchasing an additional 2,078,500 shares during the last quarter. Institutional investors and hedge funds own 19.69% of the company’s stock.

Shares of NYSE TSM traded down $0.77 during trading on Tuesday, reaching $43.17. 293,057 shares of the company traded hands, compared to its average volume of 6,458,861. The firm’s 50 day moving average price is $40.89. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.62 and a quick ratio of 2.33. The stock has a market capitalization of $222.12 billion, a PE ratio of 19.27, a PEG ratio of 3.42 and a beta of 1.03. Taiwan Semiconductor Mfg. Co. Ltd. has a 52-week low of $34.22 and a 52-week high of $45.64.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings results 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). Taiwan Semiconductor Mfg. had a net margin of 31.42% and a return on equity of 19.01%. The company had revenue of $241 billion for the quarter, compared to analysts’ expectations of $236.65 billion. During the same period in the previous year, the business earned $2.79 EPS. The business’s revenue was up 3.3% compared to the same quarter last year. As a group, equities research analysts forecast that Taiwan Semiconductor Mfg. Co. Ltd. will post 2.02 EPS for the current fiscal year.

The firm also recently disclosed an annual dividend, which was paid on Thursday, July 18th. Stockholders of record on Tuesday, June 25th were paid a $1.2756 dividend. This represents a dividend yield of 2.56%. The ex-dividend date was Monday, June 24th. Taiwan Semiconductor Mfg.’s dividend payout ratio (DPR) is presently 45.54%.

Several brokerages recently commented on TSM. Zacks Investment Research raised shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research report on Wednesday, June 5th. ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. CLSA raised shares of Taiwan Semiconductor Mfg. from an “underperform” rating to a “buy” rating in a research report on Friday, July 19th. Finally, Goldman Sachs Group set a €40.50 ($47.09) price objective on shares of Koninklijke Philips and gave the company a “buy” rating in a research report on Tuesday, May 7th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $48.00.

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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