Greykasell Wealth Strategies Inc. Makes New $358,000 Investment in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Greykasell Wealth Strategies Inc. acquired a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the fourth quarter, Holdings Channel.com reports. The firm acquired 1,815 shares of the semiconductor company’s stock, valued at approximately $358,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. Stonebridge Financial Group LLC acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $25,000. Hopwood Financial Services Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $27,000. Roxbury Financial LLC bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth $29,000. Archer Investment Corp grew its holdings in Taiwan Semiconductor Manufacturing by 48.1% in the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 62 shares during the period. Finally, Endeavor Private Wealth Inc. bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $40,000. Institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on TSM shares. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Finally, Barclays boosted 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 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $174.16 on Friday. The business has a 50-day simple moving average of $199.22 and a two-hundred day simple moving average of $191.72. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $125.78 and a 52-week high of $226.40. The company has a market capitalization of $903.29 billion, a P/E ratio of 24.74, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13. 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 issued its quarterly earnings data 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 net margin of 40.51% and a return on equity of 30.47%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a $0.6855 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 annualized dividend and a yield of 1.57%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 30.68%.

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.