Kingfisher Capital LLC grew its stake in shares of Taiwan Semiconductor Manufacturing Firm Restricted (NYSE:TSM – Free Report) by 0.2% within the 2nd quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities & Change Fee. The fund owned 50,117 shares of the semiconductor firm’s inventory after buying an extra 101 shares in the course of the interval. Taiwan Semiconductor Manufacturing contains about 2.0% of Kingfisher Capital LLC’s holdings, making the inventory its ninth greatest holding. Kingfisher Capital LLC’s holdings in Taiwan Semiconductor Manufacturing have been price $8,711,000 as of its most up-to-date submitting with the Securities & Change Fee.
Different institutional buyers have additionally not too long ago purchased and bought shares of the corporate. Point72 Asia Singapore Pte. Ltd. bought a brand new place in Taiwan Semiconductor Manufacturing in the course of the 2nd quarter price roughly $13,242,000. Point72 Hong Kong Ltd grew its holdings in shares of Taiwan Semiconductor Manufacturing by 2,883.8% in the course of the second quarter. Point72 Hong Kong Ltd now owns 109,178 shares of the semiconductor firm’s inventory valued at $18,976,000 after shopping for an extra 105,519 shares within the final quarter. Point72 Italy S.r.l. raised its place in Taiwan Semiconductor Manufacturing by 265.6% in the course of the second quarter. Point72 Italy S.r.l. now owns 198,309 shares of the semiconductor firm’s inventory valued at $34,468,000 after shopping for an extra 144,063 shares in the course of the interval. Fred Alger Administration LLC lifted its stake in Taiwan Semiconductor Manufacturing by 1.2% within the 2nd quarter. Fred Alger Administration LLC now owns 1,905,729 shares of the semiconductor firm’s inventory price $331,235,000 after buying an extra 22,743 shares within the final quarter. Lastly, Insigneo Advisory Companies LLC grew its stake in Taiwan Semiconductor Manufacturing by 27.3% in the course of the 2nd quarter. Insigneo Advisory Companies LLC now owns 10,435 shares of the semiconductor firm’s inventory valued at $1,814,000 after buying an extra 2,236 shares within the final quarter. Hedge funds and different institutional buyers personal 16.51% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Various analysts have not too long ago issued studies on TSM shares. Needham & Firm LLC elevated their value goal on shares of Taiwan Semiconductor Manufacturing from $168.00 to $210.00 and gave the inventory a “purchase” ranking in a analysis report on Monday, July fifteenth. Susquehanna reissued a “constructive” ranking and set a $250.00 goal value on shares of Taiwan Semiconductor Manufacturing in a analysis word on Wednesday, August 14th. Sanford C. Bernstein upped their value goal on shares of Taiwan Semiconductor Manufacturing from $150.00 to $200.00 and gave the inventory an “outperform” ranking in a analysis word on Thursday, June twentieth. TD Cowen elevated their value goal on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the inventory a “maintain” ranking in a report on Thursday, July 18th. Lastly, Barclays boosted their goal value on Taiwan Semiconductor Manufacturing from $150.00 to $170.00 and gave the corporate an “obese” ranking in a analysis word on Wednesday, June fifth. One equities analysis analyst has rated the inventory with a maintain ranking and 5 have issued a purchase ranking to the inventory. In line with MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus ranking of “Average Purchase” and a mean goal value of $200.00.
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Taiwan Semiconductor Manufacturing Inventory Up 4.1 %
Taiwan Semiconductor Manufacturing inventory opened at $181.96 on Wednesday. The corporate has a market capitalization of $943.72 billion, a P/E ratio of 34.66, a P/E/G ratio of 1.02 and a beta of 1.14. Taiwan Semiconductor Manufacturing Firm Restricted has a 1-year low of $84.01 and a 1-year excessive of $193.47. The agency’s fifty day easy shifting common is $166.74 and its 200-day easy shifting common is $158.55. The corporate has a present ratio of two.47, a fast ratio of two.21 and a debt-to-equity ratio of 0.26.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) final launched its quarterly earnings outcomes on Thursday, July 18th. The semiconductor firm reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.11. Taiwan Semiconductor Manufacturing had a return on fairness of 25.54% and a web margin of 37.85%. The corporate had income of $20.82 billion in the course of the quarter, in comparison with the consensus estimate of $20.33 billion. Throughout the identical quarter within the prior yr, the corporate posted $1.14 EPS. The agency’s income was up 34.6% on a year-over-year foundation. Promote-side analysts forecast that Taiwan Semiconductor Manufacturing Firm Restricted will publish 6.45 earnings per share for the present fiscal yr.
Taiwan Semiconductor Manufacturing Will increase Dividend
The corporate additionally not too long ago introduced a quarterly dividend, which can be paid on Thursday, January ninth. Traders of document on Thursday, December twelfth can be issued a $0.4871 dividend. This represents a $1.95 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, December twelfth. This is a rise from Taiwan Semiconductor Manufacturing’s earlier quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 37.71%.
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Firm Restricted, along with its subsidiaries, manufactures, packages, assessments, and sells built-in circuits and different semiconductor gadgets in Taiwan, China, Europe, the Center East, Africa, Japan, america, and internationally. It gives a variety of wafer fabrication processes, together with processes to fabricate complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded reminiscence, bipolar CMOS mixed-signal, and others.
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