ROI Financial Advisors LLC Buys 359 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

ROI Financial Advisors LLC increased its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 22,859 shares of the semiconductor company’s stock after purchasing an additional 359 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 3.1% of ROI Financial Advisors LLC’s holdings, making the stock its 13th biggest position. ROI Financial Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $4,515,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of TSM. Stonebridge Financial Group LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at $25,000. IMG Wealth Management Inc. bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $26,000. Hopwood Financial Services Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth about $27,000. Roxbury Financial LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $29,000. Finally, Nemes Rush Group LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 1,810.0% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 181 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Needham & Company LLC restated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 6.7 %

TSM opened at $146.88 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The stock’s fifty day moving average is $186.54 and its two-hundred day moving average is $192.09. The company has a market capitalization of $761.76 billion, a P/E ratio of 20.86, a PEG ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results 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 return on equity of 30.47% and a net margin of 40.51%. Analysts forecast 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 declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a $0.6855 dividend. This represents a $2.74 annualized dividend and a dividend yield of 1.87%. 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. Taiwan Semiconductor Manufacturing’s dividend payout ratio 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.