Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stake Boosted by Strategic Blueprint LLC

Strategic Blueprint LLC increased its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,282 shares of the semiconductor company’s stock after purchasing an additional 104 shares during the period. Strategic Blueprint LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. Centaurus Financial Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 13.0% during the second quarter. Centaurus Financial Inc. now owns 12,859 shares of the semiconductor company’s stock worth $2,235,000 after buying an additional 1,482 shares during the period. Park National Corp OH boosted its position in Taiwan Semiconductor Manufacturing by 3.0% during the 3rd quarter. Park National Corp OH now owns 2,473 shares of the semiconductor company’s stock worth $429,000 after acquiring an additional 71 shares during the period. AMF Tjanstepension AB grew its stake in shares of Taiwan Semiconductor Manufacturing by 4.8% in the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock worth $266,300,000 after purchasing an additional 70,057 shares in the last quarter. Capital Market Strategies LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 4.5% during the third quarter. Capital Market Strategies LLC now owns 11,376 shares of the semiconductor company’s stock valued at $1,976,000 after purchasing an additional 492 shares during the period. Finally, Abacus Wealth Partners LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 20.4% during the third quarter. Abacus Wealth Partners LLC now owns 3,144 shares of the semiconductor company’s stock valued at $546,000 after purchasing an additional 532 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TSM. Barclays increased their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report 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. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. 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 Thursday, January 16th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 0.5 %

TSM stock opened at $209.28 on Friday. The firm has a market cap of $1.09 trillion, a PE ratio of 29.73, a P/E/G ratio of 0.67 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $112.61 and a 12 month high of $226.40. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a 50 day simple moving average of $202.06 and a 200 day simple moving average of $186.16.

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 analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. Equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a $0.5484 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a yield of 1.05%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.27%.

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.