Stanley Laman Group Ltd. Has $530,000 Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Stanley Laman Group Ltd. lifted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 89.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,683 shares of the semiconductor company’s stock after purchasing an additional 1,264 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $530,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TSM. AMF Tjanstepension AB raised its position in shares of Taiwan Semiconductor Manufacturing by 4.8% during the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock worth $266,300,000 after purchasing an additional 70,057 shares during the period. Creative Planning raised its position in Taiwan Semiconductor Manufacturing by 8.1% in the 3rd quarter. Creative Planning now owns 495,686 shares of the semiconductor company’s stock valued at $86,086,000 after buying an additional 37,122 shares during the last quarter. Asset Dedication LLC raised its position in Taiwan Semiconductor Manufacturing by 12.3% in the 3rd quarter. Asset Dedication LLC now owns 1,983 shares of the semiconductor company’s stock valued at $344,000 after buying an additional 217 shares during the last quarter. Jamison Private Wealth Management Inc. raised its position in Taiwan Semiconductor Manufacturing by 44.3% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 841 shares of the semiconductor company’s stock valued at $146,000 after buying an additional 258 shares during the last quarter. Finally, Tsfg LLC raised its position in Taiwan Semiconductor Manufacturing by 18.2% in the 3rd quarter. Tsfg LLC now owns 429 shares of the semiconductor company’s stock valued at $75,000 after buying an additional 66 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Down 2.3 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $201.70 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $122.91 and a 1 year high of $226.40. The firm has a market cap of $1.05 trillion, a PE ratio of 28.65, a P/E/G ratio of 0.70 and a beta of 1.06. The stock has a fifty day moving average price of $205.29 and a 200-day moving average price of $188.58. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.36%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 27.27%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Barclays increased their price target on 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, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently 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.