Roundview Capital LLC Grows Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Roundview Capital LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.8% in the fourth quarter, Holdings Channel reports. The firm owned 72,472 shares of the semiconductor company’s stock after buying an additional 1,967 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 1.0% of Roundview Capital LLC’s investment portfolio, making the stock its 22nd biggest holding. Roundview Capital LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $14,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. HighPoint Advisor Group LLC increased its position in Taiwan Semiconductor Manufacturing by 4.9% in the 4th quarter. HighPoint Advisor Group LLC now owns 19,273 shares of the semiconductor company’s stock valued at $4,023,000 after acquiring an additional 905 shares during the period. Franklin Resources Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 32.3% in the 4th quarter. Franklin Resources Inc. now owns 8,498,063 shares of the semiconductor company’s stock valued at $1,678,283,000 after purchasing an additional 2,074,329 shares during the last quarter. Family Legacy Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.4% in the fourth quarter. Family Legacy Inc. now owns 29,554 shares of the semiconductor company’s stock valued at $6,121,000 after purchasing an additional 108 shares during the period. Summit Financial LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 34.4% during the fourth quarter. Summit Financial LLC now owns 37,582 shares of the semiconductor company’s stock worth $7,440,000 after purchasing an additional 9,612 shares during the last quarter. Finally, Hoey Investments Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 328.8% during the fourth quarter. Hoey Investments Inc. now owns 1,758 shares of the semiconductor company’s stock worth $347,000 after purchasing an additional 1,348 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TSM has been the topic of several recent research reports. Barclays boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Needham & Company LLC restated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $166.06 on Tuesday. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. 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 50-day simple moving average of $191.44 and a 200-day simple moving average of $192.67. The company has a market capitalization of $861.27 billion, a PE ratio of 23.59, a P/E/G ratio of 0.66 and a beta of 1.13.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued 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 1.65%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 30.68%.

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.