180 Wealth Advisors LLC Sells 956 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

180 Wealth Advisors LLC reduced its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.4% during the 4th quarter, HoldingsChannel reports. The firm owned 27,455 shares of the semiconductor company’s stock after selling 956 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 0.8% of 180 Wealth Advisors LLC’s holdings, making the stock its 21st biggest holding. 180 Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $5,422,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Private Client Services LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $201,000. Trust Co of the South boosted its stake in shares of Taiwan Semiconductor Manufacturing by 232.8% in the 4th quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company’s stock valued at $1,752,000 after purchasing an additional 6,204 shares in the last quarter. NRI Wealth Management LC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $1,545,000. HF Advisory Group LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 55.5% during the 3rd quarter. HF Advisory Group LLC now owns 13,755 shares of the semiconductor company’s stock worth $2,389,000 after purchasing an additional 4,907 shares in the last quarter. Finally, Impax Asset Management Group plc lifted its holdings in Taiwan Semiconductor Manufacturing by 33.7% during the 3rd quarter. Impax Asset Management Group plc now owns 26,418 shares of the semiconductor company’s stock valued at $4,588,000 after purchasing an additional 6,664 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Down 3.3 %

NYSE TSM opened at $201.55 on Tuesday. The stock has a market capitalization of $1.05 trillion, a P/E ratio of 32.30, a price-to-earnings-growth ratio of 0.93 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $100.00 and a 52 week high of $222.20. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The stock has a fifty day moving average of $197.14 and a 200-day moving average of $183.60.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, topping analysts’ consensus estimates 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 27.44% and a net margin of 39.10%. On average, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.09%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s payout ratio is 35.10%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TSM. Needham & Company LLC reaffirmed a “buy” rating and set a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, October 17th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Finally, StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $214.00.

About Taiwan Semiconductor Manufacturing

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.