<div id="readability-page-1"><p>Baskin Financial Services Inc. boosted its holdings in shares of  Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 6.0% during the third quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 135,338 shares of the semiconductor company's stock after purchasing an additional 7,676 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about  2.8% of Baskin Financial Services Inc.'s investment portfolio, making the stock its 18th largest position. Baskin Financial Services Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $37,799,000 at the end of the most recent quarter.</p><ul><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li></ul><p>Several other large investors also recently added to or reduced their stakes in the stock. 1248 Management LLC bought a new position in  Taiwan Semiconductor Manufacturing during the 1st quarter valued at about $28,000.  Heartwood Wealth Advisors LLC purchased a new stake in shares of  Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $32,000.  Resources Management Corp CT ADV bought a new position in shares of  Taiwan Semiconductor Manufacturing in the 2nd quarter worth $32,000.  Mid American Wealth Advisory Group Inc. purchased a new stake in shares of  Taiwan Semiconductor Manufacturing during the second quarter valued at about $33,000.  Finally, First Command Advisory Services Inc. boosted its stake in  Taiwan Semiconductor Manufacturing by 174.1% in the 2nd quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company's stock worth $36,000 after purchasing an additional 101 shares in the last quarter. 16.51% of the stock is owned by institutional investors. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several analysts have recently commented on TSM shares. UBS Group  set a $330.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Sunday, December 7th. Citigroup  reiterated a &#34;buy&#34; rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 17th. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an &#34;overweight&#34; rating in a report on Friday, October 17th. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a &#34;positive&#34; rating in a research report on Friday, October 10th. Finally, Needham &amp; Company LLC  reaffirmed a &#34;buy&#34; rating and issued a $360.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, October 27th. Seven research analysts have rated the stock with a Buy rating,  According to data from MarketBeat.com, the stock  has an average rating of &#34;Buy&#34; and an average price target of $355.00.</p><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p><b>View Our Latest Stock Report on Taiwan Semiconductor Manufacturing</b></p><h2>Taiwan Semiconductor Manufacturing Price Performance</h2><p>Taiwan Semiconductor Manufacturing stock opened at $284.95 on Friday. The company has a market cap of $1.48 trillion, a price-to-earnings ratio of 29.23, a PEG ratio of 0.95 and a beta of 1.31. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $313.98. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.69. The firm has a 50 day moving average price of $292.36 and a 200 day moving average price of $258.79. </p><ul><li>Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally</li></ul><p>Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 34.34%. The business had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. During the same quarter in the previous year, the business posted $1.94 EPS. The business's quarterly revenue was up 40.1% on a year-over-year basis.  Sell-side analysts predict that  Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year. </p><h2>Taiwan Semiconductor Manufacturing Increases Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Tuesday, March 17th will be given a $0.9678 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.83. This represents a $3.87 annualized dividend and a dividend yield of 1.4%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 25.85%. </p><h2>Taiwan Semiconductor Manufacturing Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Taiwan Semiconductor Manufacturing</li><li>Stock Market Upgrades: What Are They?</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>What Are Dividends? Buy the Best Dividend Stocks</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>How to trade penny stocks: A step-by-step guide</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRTTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRTTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?</h2><p>Before you consider Taiwan Semiconductor Manufacturing, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taiwan Semiconductor Manufacturing wasn't on the list.</p><p>While Taiwan Semiconductor Manufacturing currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Baskin Financial Services Inc. increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. by 6% in the third quarter, owning 135,338 shares valued at $37.8 million. This makes TSM the 18th largest position in Baskin's portfolio. The stock is rated "Buy" by analysts, with an average price target of $355.00. TSM reported strong earnings, with a 40.1% revenue increase year-over-year, and announced a quarterly dividend increase to $0.9678 per share.</p>

- Baskin Financial Services Inc. increased its stake in Taiwan Semiconductor Manufacturing Company by 6.0%, now owning 135,338 shares valued at approximately $37.8 million.  
- Analysts have issued various ratings and price targets for TSM, with an average target of $355.00 and a consensus Buy rating.  
- Taiwan Semiconductor’s quarterly earnings surpassed estimates, indicating a strong financial performance, while the company also announced a dividend increase, now yielding 1.4%.

Baskin Financial Services Inc. Boosts Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM