Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Wealthstream Advisors Inc.

Wealthstream Advisors Inc. boosted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,439 shares of the semiconductor company’s stock after acquiring an additional 492 shares during the quarter. Wealthstream Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,074,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in TSM. Crestwood Advisors Group LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 46.2% in the fourth quarter. Crestwood Advisors Group LLC now owns 4,808 shares of the semiconductor company’s stock valued at $950,000 after purchasing an additional 1,519 shares during the period. J. W. Coons Advisors LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth about $615,000. Hardman Johnston Global Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 7.6% during the 4th quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company’s stock worth $75,329,000 after buying an additional 26,847 shares in the last quarter. Waverton Investment Management Ltd raised its holdings in shares of Taiwan Semiconductor Manufacturing by 10.7% during the fourth quarter. Waverton Investment Management Ltd now owns 873,964 shares of the semiconductor company’s stock valued at $172,682,000 after acquiring an additional 84,415 shares during the last quarter. Finally, Birchcreek Wealth Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 11.2% in the fourth quarter. Birchcreek Wealth Management LLC now owns 1,852 shares of the semiconductor company’s stock worth $366,000 after acquiring an additional 187 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the company. 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, February 18th. Barclays raised their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. 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 equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 0.8 %

NYSE TSM opened at $198.40 on Monday. The business’s fifty day simple moving average is $205.80 and its 200-day simple moving average is $191.07. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.03 trillion, a PE ratio of 28.18, a P/E/G ratio of 0.66 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 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, July 10th. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. This is a boost 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 yield of 1.38%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 31.11%.

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.