Holistic Financial Partners Boosts Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Holistic Financial Partners grew its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 3,325 shares of the semiconductor company’s stock after acquiring an additional 104 shares during the period. Holistic Financial Partners’ holdings in Taiwan Semiconductor Manufacturing were worth $577,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TSM. ProShare Advisors LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $210,000. Acadian Asset Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 8.3% in the 1st quarter. Acadian Asset Management LLC now owns 91,405 shares of the semiconductor company’s stock worth $12,431,000 after purchasing an additional 6,991 shares in the last quarter. Lcnb Corp bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 1st quarter worth approximately $202,000. Clearbridge Investments LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 4,820.0% in the 1st quarter. Clearbridge Investments LLC now owns 483,491 shares of the semiconductor company’s stock worth $65,779,000 after purchasing an additional 473,664 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 4,797.1% in the 1st quarter. Financial Gravity Asset Management Inc. now owns 15,279 shares of the semiconductor company’s stock worth $2,079,000 after purchasing an additional 14,967 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on TSM shares. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday. Needham & Company LLC reissued a “buy” rating and issued a $210.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Finally, Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $209.00.

Taiwan Semiconductor Manufacturing Trading Down 1.3 %

NYSE:TSM opened at $186.01 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a market capitalization of $964.72 billion, a price-to-earnings ratio of 29.81, a price-to-earnings-growth ratio of 0.89 and a beta of 1.12. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $95.25 and a one year high of $212.60. The business has a fifty day moving average price of $185.79 and a 200-day moving average price of $172.43.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.30% and a net margin of 39.10%. Sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.84 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders 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 of this dividend is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.18%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 31.09%.

Taiwan Semiconductor Manufacturing 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.