MML Investors Services LLC grew its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 54.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 159,050 shares of the semiconductor company’s stock after buying an additional 56,272 shares during the quarter. MML Investors Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $12,894,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. Homrich & Berg raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.3% in the 2nd quarter. Homrich & Berg now owns 9,899 shares of the semiconductor company’s stock valued at $562,000 after buying an additional 129 shares in the last quarter. Lincoln National Corp raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.6% in the 2nd quarter. Lincoln National Corp now owns 8,437 shares of the semiconductor company’s stock valued at $479,000 after buying an additional 131 shares in the last quarter. Flagship Harbor Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 11.1% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,421 shares of the semiconductor company’s stock valued at $115,000 after buying an additional 142 shares in the last quarter. Cornerstone Advisors Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.7% in the 3rd quarter. Cornerstone Advisors Inc. now owns 22,141 shares of the semiconductor company’s stock valued at $1,795,000 after buying an additional 143 shares in the last quarter. Finally, Lester Murray Antman dba SimplyRich raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.4% in the 3rd quarter. Lester Murray Antman dba SimplyRich now owns 34,854 shares of the semiconductor company’s stock valued at $2,826,000 after buying an additional 146 shares in the last quarter. Institutional investors and hedge funds own 18.52% of the company’s stock. Get Taiwan Semiconductor Manufacturing alerts:
TSM opened at $97.02 on Tuesday. The firm’s 50-day simple moving average is $90.83 and its 200-day simple moving average is $74.58. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.26 and a current ratio of 1.40. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $42.70 and a twelve month high of $102.44. The firm has a market cap of $503.15 billion, a price-to-earnings ratio of 30.70, a PEG ratio of 1.18 and a beta of 0.93. The company also recently announced an annual dividend, which will be paid on Thursday, April 15th. Stockholders of record on Thursday, March 18th will be issued a $0.3463 dividend. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, March 17th. Taiwan Semiconductor Manufacturing’s payout ratio is 63.72%.
A number of equities analysts have recently issued reports on TSM shares. New Street Research began coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, August 28th. They issued a “buy” rating for the company. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a report on Friday, October 9th. One equities research analyst has rated the stock with a sell rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $68.50.
Taiwan Semiconductor Manufacturing Profile
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.

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