one8zero8 LLC Invests $496,000 in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

one8zero8 LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 2,513 shares of the semiconductor company’s stock, valued at approximately $496,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. Choate Investment Advisors increased its position in shares of Taiwan Semiconductor Manufacturing by 18.6% in the fourth quarter. Choate Investment Advisors now owns 103,376 shares of the semiconductor company’s stock worth $20,416,000 after purchasing an additional 16,219 shares during the last quarter. Diversified Enterprises LLC grew its stake in Taiwan Semiconductor Manufacturing by 17.3% in the 4th quarter. Diversified Enterprises LLC now owns 2,850 shares of the semiconductor company’s stock worth $563,000 after buying an additional 420 shares in the last quarter. Natixis Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 21.1% in the 4th quarter. Natixis Advisors LLC now owns 2,471,686 shares of the semiconductor company’s stock worth $488,133,000 after buying an additional 431,432 shares during the last quarter. Clearstead Trust LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 15.7% during the 4th quarter. Clearstead Trust LLC now owns 8,552 shares of the semiconductor company’s stock worth $1,689,000 after acquiring an additional 1,160 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth $358,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. StockNews.com downgraded 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 stock an “overweight” rating in a research report 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 report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $174.16 on Monday. 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 Company Limited has a 1 year low of $125.78 and a 1 year high of $226.40. The stock’s 50 day simple moving average is $199.22 and its 200 day simple moving average is $192.02. The firm has a market cap of $903.29 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 0.66 and a beta of 1.13.

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 net margin of 40.51% and a return on equity of 30.47%. As a group, 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 firm also recently announced 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. The ex-dividend date of this dividend is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.57%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.68%.

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.