Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Position Boosted by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 95.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,482 shares of the semiconductor company’s stock after purchasing an additional 1,214 shares during the period. Simplicity Wealth LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $490,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. CWA Asset Management Group LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $425,000. Mesirow Financial Investment Management Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 2.4% in the third quarter. Mesirow Financial Investment Management Inc. now owns 14,425 shares of the semiconductor company’s stock valued at $2,505,000 after acquiring an additional 338 shares in the last quarter. Transcendent Capital Group LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $52,000. Sigma Planning Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing by 11.6% in the third quarter. Sigma Planning Corp now owns 13,315 shares of the semiconductor company’s stock valued at $2,313,000 after buying an additional 1,389 shares in the last quarter. Finally, Mayflower Financial Advisors LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 6.6% during the third quarter. Mayflower Financial Advisors LLC now owns 3,521 shares of the semiconductor company’s stock worth $612,000 after purchasing an additional 217 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 3.7 %

Taiwan Semiconductor Manufacturing stock opened at $170.50 on Tuesday. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40. The stock has a market capitalization of $884.28 billion, a P/E ratio of 24.22, a PEG ratio of 0.66 and a beta of 1.13. The stock has a 50-day simple moving average of $201.45 and a 200 day simple moving average of $191.93. 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) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS 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 expect 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 disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be paid a $0.6855 dividend. 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 dividend yield of 1.61%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 30.68%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Barclays boosted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock 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.