MML Investors Services LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 54.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 159,050 shares of the semiconductor company’s stock after purchasing an additional 56,272 shares during the period. MML Investors Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $12,894,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions 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 grew its holdings 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 worth $479,000 after purchasing an additional 131 shares during the last quarter. Flagship Harbor Advisors LLC grew its holdings in Taiwan Semiconductor Manufacturing by 11.1% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,421 shares of the semiconductor company’s stock worth $115,000 after acquiring an additional 142 shares during the last quarter. Cornerstone Advisors Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 0.7% during the 3rd quarter. Cornerstone Advisors Inc. now owns 22,141 shares of the semiconductor company’s stock worth $1,795,000 after acquiring an additional 143 shares during the last quarter. Finally, Lester Murray Antman dba SimplyRich boosted 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 purchasing an additional 146 shares during the last quarter. 18.52% of the stock is currently owned by hedge funds and other institutional investors. Get Taiwan Semiconductor Manufacturing alerts:
TSM stock opened at $97.02 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.40 and a quick ratio of 1.26. The company has a fifty day moving average price of $90.83 and a two-hundred day moving average price of $74.58. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $42.70 and a one year high of $102.44. The stock has a market cap of $503.15 billion, a price-to-earnings ratio of 30.70, a price-to-earnings-growth 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 dividend of $0.3463 per share. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, March 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 63.72%.
Several equities analysts have recently weighed in on TSM shares. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $97.00 price target for the company in a research note on Friday, October 9th. New Street Research started coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, August 28th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. Taiwan Semiconductor Manufacturing has an average rating of “Buy” and an average price target of $68.50.
Taiwan Semiconductor Manufacturing Company 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.

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.