Vienna Asset Management LLC Invests in Taiwan Semiconductor Manufacturing Company

Vienna Asset Management LLC has recently made a new investment in the Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). During the third quarter, as stated in their latest disclosure with the SEC, the firm acquired 4,489 shares of the semiconductor giant, amounting to approximately $780,000. This investment represents 0.6% of Vienna Asset Management's total holdings, ranking the stock as their 28th largest position.

Other Institutional Investments

Several other large investors have also been active in buying and selling shares of Taiwan Semiconductor Manufacturing. For instance, FMR LLC increased its stake by 7.2% in the third quarter, bringing its ownership to 55,974,769 shares, valued at around $9.72 billion after purchasing an additional 3,783,802 shares. Similarly, Fisher Asset Management LLC raised its holdings by 1.3%, now owning 28,767,106 shares worth about $4.99 billion, after adding 359,854 shares last quarter. Additionally, Van ECK Associates Corp's shares increased by 0.7%, while WCM Investment Management LLC boosted its stake by 14.1% during the same period. Lastly, PineStone Asset Management Inc. made notable adjustments, increasing its holdings by 116.3% during the prior quarter. Currently, institutional investors own 16.51% of Taiwan Semiconductor Manufacturing's total stock.

Analyst Ratings Overview

Recent activity by analysts regarding Taiwan Semiconductor Manufacturing has shown mixed reviews. StockNews.com downgraded the company from a "buy" to a "hold" rating in November. Conversely, Susquehanna reiterated a "buy" rating in October, while Barclays raised the target price from $215.00 to $240.00, assigning an "overweight" rating. Needham & Company LLC also maintained a "buy" rating and set a target price of $210.00. Overall, two analysts rate the stock as a hold, while four recommend a buy, leading to an average rating of "Moderate Buy" with a price target of $214.00, according to data from MarketBeat.

Recent Stock Performance

Shares of Taiwan Semiconductor Manufacturing opened at $204.30 on Friday. Over the past year, the stock has seen a low of $97.44 and a high of $212.60. The company boasts a market capitalization of $1.06 trillion, a price-to-earnings (PE) ratio of 32.74, and a price-to-earnings-growth (PEG) ratio of 0.92. It has shown consistent growth with a fifty-day moving average of $190.61 and a 200-day moving average of $176.32. Moreover, Taiwan Semiconductor holds a debt-to-equity ratio of 0.24, a quick ratio of 2.30, and a current ratio of 2.57.

Recent Earnings Report

On October 17th, Taiwan Semiconductor Manufacturing released its earnings report, showing an earnings per share (EPS) of $1.94 for the quarter, which exceeded analysts' expectations of $1.74. The company reported revenues of $23.50 billion, surpassing the anticipated $22.72 billion. Taiwan Semiconductor also achieved a return on equity of 27.44% with a net margin of 39.10%. Analysts predict an EPS of 6.95 for the current fiscal year.

Dividend Announcement

Recently, Taiwan Semiconductor Manufacturing announced an increase in its quarterly dividend, which will be distributed on April 10th. Shareholders who are on record by March 18th will receive a dividend of $0.5484, indicating an annualized dividend of $2.19 with a yield of 1.07%. This increase marks a raise from the previous quarterly dividend of $0.49, reflecting a payout ratio of 31.57%.

Company Overview

Taiwan Semiconductor Manufacturing Company Limited, along with its subsidiaries, is involved in the manufacturing, packaging, testing, and sale of integrated circuits and other semiconductor devices across various regions including Taiwan, China, Europe, and the United States. The company provides diverse wafer fabrication processes, including those for complementary metal-oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, and embedded memory devices.

investment, stocks, semiconductors