Barden Capital Management Inc. Sells 61 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Barden Capital Management Inc. lessened its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,845 shares of the semiconductor company’s stock after selling 61 shares during the period. Taiwan Semiconductor Manufacturing accounts for 1.5% of Barden Capital Management Inc.’s portfolio, making the stock its 26th largest holding. Barden Capital Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,747,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $29,000. Archer Investment Corp grew its holdings in Taiwan Semiconductor Manufacturing by 48.1% during the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 62 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $40,000. Finally, Human Investing LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $41,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analyst Ratings Changes

TSM has been the topic of several research analyst reports. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Barclays raised their price objective 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, Needham & Company LLC restated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 4.5 %

Shares of TSM stock opened at $175.99 on Friday. The stock has a market cap of $912.75 billion, a P/E ratio of 25.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40. The stock has a fifty day moving average price of $202.55 and a 200 day moving average price of $191.61. 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 issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping 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%. Analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a $0.6855 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 31.11%.

Taiwan Semiconductor Manufacturing 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.