Diversified Trust Co Has $2,356,000 Position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

Diversified Trust Co maintained its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,404 shares of the semiconductor company’s stock at the end of the second quarter. Diversified Trust Co’s holdings in Taiwan Semiconductor Manufacturing were worth $2,356,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of TSM. Augustine Asset Management Inc. increased its position in Taiwan Semiconductor Manufacturing by 1.6% in the first quarter. Augustine Asset Management Inc. now owns 169,322 shares of the semiconductor company’s stock valued at $5,560,000 after buying an additional 2,668 shares during the period. Harding Loevner LP increased its position in Taiwan Semiconductor Manufacturing by 2.0% in the first quarter. Harding Loevner LP now owns 14,421,861 shares of the semiconductor company’s stock valued at $473,614,000 after buying an additional 276,621 shares during the period. Cookson Peirce & Co. Inc. increased its position in Taiwan Semiconductor Manufacturing by 3.3% in the first quarter. Cookson Peirce & Co. Inc. now owns 427,505 shares of the semiconductor company’s stock valued at $14,039,000 after buying an additional 13,740 shares during the period. Tower Research Capital LLC TRC increased its position in Taiwan Semiconductor Manufacturing by 46.7% in the first quarter. Tower Research Capital LLC TRC now owns 33,570 shares of the semiconductor company’s stock valued at $1,103,000 after buying an additional 10,685 shares during the period. Finally, Cumberland Partners Ltd acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $2,034,000. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) traded up 2.26% during mid-day trading on Friday, reaching $36.14. 4,291,140 shares of the company traded hands. The company’s 50 day moving average price is $35.78 and its 200 day moving average price is $33.84. The firm has a market capitalization of $187.42 billion, a P/E ratio of 16.28 and a beta of 0.77. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $28.20 and a 12-month high of $36.96.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, July 13th. The semiconductor company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 25.65% and a net margin of 36.11%. The business had revenue of $213.86 billion during the quarter, compared to analysts’ expectations of $214.25 billion. During the same quarter in the previous year, the business earned $2.80 EPS. The business’s revenue for the quarter was down 3.6% on a year-over-year basis. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.15 EPS for the current year.

The firm also recently announced an annual dividend, which was paid on Thursday, July 20th. Shareholders of record on Wednesday, June 28th were paid a $0.927 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous annual dividend of $0.74. The ex-dividend date of this dividend was Monday, June 26th. This represents a yield of 3.25%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 42.59%.

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Several research analysts have commented on TSM shares. BidaskClub downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Wednesday, April 19th. HSBC Holdings plc downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Credit Suisse Group downgraded shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research note on Monday, May 15th. Finally, Rosenblatt Securities set a $27.00 target price on shares of Taiwan Semiconductor Manufacturing and gave the stock a “buy” rating in a research note on Saturday, April 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $31.67.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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