Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by JBR Co Financial Management Inc

JBR Co Financial Management Inc increased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 17.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,386 shares of the semiconductor company’s stock after acquiring an additional 209 shares during the period. JBR Co Financial Management Inc’s holdings in Taiwan Semiconductor Manufacturing were worth $274,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Reston Wealth Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth about $25,000. Stonebridge Financial Group LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $25,000. Roxbury Financial LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $29,000. Archer Investment Corp increased its stake in Taiwan Semiconductor Manufacturing by 48.1% during the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 62 shares during the period. Finally, American Capital Advisory LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $198.40 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $125.78 and a twelve month high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $205.80 and a 200-day moving average of $190.82. 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 (NYSE:TSM) last posted its quarterly earnings data 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%. Analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This is a positive change 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 1.38%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays raised their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Needham & Company LLC reissued a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Finally, StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

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.