Wealth Management Nebraska acquired a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,141 shares of the semiconductor company’s stock, valued at approximately $225,000.
Other large investors have also recently added to or reduced their stakes in the company. AMF Tjanstepension AB raised its stake 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 valued at $266,300,000 after purchasing an additional 70,057 shares in the last quarter. International Assets Investment Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 23,351.0% during the 3rd quarter. International Assets Investment Management LLC now owns 1,027,624 shares of the semiconductor company’s stock valued at $178,467,000 after buying an additional 1,023,242 shares during the period. Brighton Jones LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 17.0% during the 3rd quarter. Brighton Jones LLC now owns 9,038 shares of the semiconductor company’s stock worth $1,570,000 after buying an additional 1,316 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 24.9% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 10,144 shares of the semiconductor company’s stock worth $1,769,000 after acquiring an additional 2,020 shares during the period. Finally, Impact Partnership Wealth LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 13.9% in the third quarter. Impact Partnership Wealth LLC now owns 1,344 shares of the semiconductor company’s stock valued at $233,000 after acquiring an additional 164 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
TSM has been the topic of several recent analyst reports. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday. Finally, Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and an average target price of $220.00.
Taiwan Semiconductor Manufacturing Trading Down 0.8 %
Taiwan Semiconductor Manufacturing stock opened at $198.40 on Friday. The firm has a market cap of $1.03 trillion, a price-to-earnings ratio of 28.18, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $125.78 and a 1 year high of $226.40. The firm’s 50 day moving average price is $205.80 and its two-hundred day moving average price is $190.57. 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 (NYSE:TSM – Get Free Report) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. On average, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.
Taiwan Semiconductor Manufacturing Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a yield of 1.38%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 27.27%.
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.
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