Mirabella Financial Services LLP Has $9.81 Million Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Mirabella Financial Services LLP raised its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4,301.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,784 shares of the semiconductor company’s stock after acquiring an additional 55,494 shares during the quarter. Mirabella Financial Services LLP’s holdings in Taiwan Semiconductor Manufacturing were worth $9,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of TSM. ProShare Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $210,000. Gamco Investors INC. ET AL acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth about $437,000. BOKF NA increased its position in Taiwan Semiconductor Manufacturing by 4.8% in the first quarter. BOKF NA now owns 1,762 shares of the semiconductor company’s stock worth $249,000 after purchasing an additional 81 shares during the period. Waverly Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 21.7% during the 1st quarter. Waverly Advisors LLC now owns 8,161 shares of the semiconductor company’s stock worth $1,110,000 after purchasing an additional 1,456 shares during the last quarter. Finally, Industrial Alliance Investment Management Inc. lifted its position in Taiwan Semiconductor Manufacturing by 10.5% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 9,081 shares of the semiconductor company’s stock valued at $1,235,000 after purchasing an additional 866 shares during the period. 16.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday, November 17th. Needham & Company LLC reissued a “buy” rating and issued a $210.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, October 17th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.00.

Taiwan Semiconductor Manufacturing Trading Down 1.4 %

NYSE:TSM opened at $187.50 on Monday. The business’s 50-day simple moving average is $187.92 and its 200-day simple moving average is $174.12. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $95.25 and a fifty-two week high of $212.60. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The stock has a market capitalization of $972.45 billion, a PE ratio of 30.46, a price-to-earnings-growth ratio of 0.88 and a beta of 1.12.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.74 by $0.20. The firm had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $22.72 billion. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. Sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 1.17%. Taiwan Semiconductor Manufacturing’s payout ratio is 31.57%.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.