Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Ayalon Holdings Ltd.

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Ayalon Holdings Ltd. trimmed its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 34.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,811 shares of the semiconductor company’s stock after selling 7,780 shares during the period. Ayalon Holdings Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,758,000 as of its most recent SEC filing. A number of other large investors have also recently added to or reduced their stakes in the business. Vontobel Holding Ltd. lifted its stake in Taiwan Semiconductor Manufacturing by 0.8% during the first quarter. Vontobel Holding Ltd. now owns 20,071,365 shares of the semiconductor company’s stock worth $2,374,041,000 after purchasing an additional 168,757 shares in the last quarter. Fiera Capital Corp increased its position in shares of Taiwan Semiconductor Manufacturing by 0.6% during the first quarter. Fiera Capital Corp now owns 15,902,700 shares of the semiconductor company’s stock worth $1,880,971,000 after acquiring an additional 93,751 shares during the period. BlackRock Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 23.5% during the first quarter. BlackRock Inc. now owns 13,754,055 shares of the semiconductor company’s stock worth $1,626,830,000 after acquiring an additional 2,613,327 shares during the period. Jennison Associates LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 39.6% during the first quarter. Jennison Associates LLC now owns 13,534,561 shares of the semiconductor company’s stock worth $1,600,868,000 after acquiring an additional 3,839,316 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Taiwan Semiconductor Manufacturing by 22.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 12,730,800 shares of the semiconductor company’s stock worth $1,505,798,000 after acquiring an additional 2,302,444 shares during the period. Institutional investors own 17.19% of the company’s stock. A number of research firms have recently weighed in on TSM. Susquehanna Bancshares raised Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their price objective for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. Susquehanna raised Taiwan Semiconductor Manufacturing from a “negative” rating to a “neutral” rating and upped their price objective for the stock from $85.00 to $105.00 in a research report on Wednesday, June 30th. Zacks Investment Research lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, July 17th. Atlantic Securities assumed coverage on Taiwan Semiconductor Manufacturing in a report on Monday, April 19th. They issued a “neutral” rating on the stock. Finally, Needham & Company LLC assumed coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, July 13th. They issued a “buy” rating and a $123.05 target price on the stock. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $127.72. [TSM stock] traded up $0.33 during mid-day trading on Thursday, hitting $119.07. 112,714 shares of the stock were exchanged, compared to its average volume of 10,811,077. The firm’s fifty day moving average price is $117.90. The company has a market capitalization of $617.51 billion, a PE ratio of 31.58, a price-to-earnings-growth ratio of 1.81 and a beta of 0.89. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $75.98 and a 12-month high of $142.20. The company has a quick ratio of 1.49, a current ratio of 1.72 and a debt-to-equity ratio of 0.15. Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Wednesday, July 14th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. The company had revenue of $372.15 billion for the quarter, compared to analyst estimates of $372.58 billion. Taiwan Semiconductor Manufacturing had a return on equity of 29.87% and a net margin of 38.14%. The business’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter last year, the company posted $4.66 earnings per share. As a group, analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 4.02 earnings per share for the current year. The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 14th. Shareholders of record on Friday, September 17th will be issued a dividend of $0.3917 per share. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Thursday, September 16th. This represents a $1.57 annualized dividend and a dividend yield of 1.32%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 41.59%. Taiwan Semiconductor Manufacturing Profile Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products; information applications; wired and wireless communications systems products; automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. Further Reading: What causes a stock to be most active? Receive News & Ratings for Taiwan Semiconductor Manufacturing analysts' ratings for Taiwan Semiconductor Manufacturing and related companies daily email newsletter](/daily-email-updates-basic/?symbol=NYSE:TSM&c=Taiwan+Semiconductor+Manufacturing) .

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