Opal Wealth Advisors LLC Raises Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Opal Wealth Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,564 shares of the semiconductor company’s stock after buying an additional 104 shares during the quarter. Opal Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $506,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. AMF Tjanstepension AB raised its stake in Taiwan Semiconductor Manufacturing by 4.8% in the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after purchasing an additional 70,057 shares in the last quarter. CWM LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 7.6% in the 3rd quarter. CWM LLC now owns 29,651 shares of the semiconductor company’s stock worth $5,149,000 after buying an additional 2,097 shares during the last quarter. Perfromance Wealth Partners LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 12.6% during the 3rd quarter. Perfromance Wealth Partners LLC now owns 1,308 shares of the semiconductor company’s stock valued at $227,000 after buying an additional 146 shares in the last quarter. Silverlake Wealth Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.3% during the 3rd quarter. Silverlake Wealth Management LLC now owns 2,457 shares of the semiconductor company’s stock worth $427,000 after acquiring an additional 79 shares during the last quarter. Finally, Westend Capital Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 0.7% during the 3rd quarter. Westend Capital Management LLC now owns 39,112 shares of the semiconductor company’s stock worth $6,793,000 after acquiring an additional 267 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $206.25 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $122.91 and a fifty-two week high of $226.40. The firm has a market cap of $1.07 trillion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06. The business has a 50 day moving average price of $204.71 and a 200-day moving average price of $187.59.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a $0.5484 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a dividend yield of 1.06%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 27.27%.

Wall Street Analyst Weigh In

TSM has been the topic of a number of research reports. Needham & Company LLC restated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Company 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.