1,038 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by FFG Partners LLC

FFG Partners LLC bought a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,038 shares of the semiconductor company’s stock, valued at approximately $205,000.

A number of other large investors also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 7.2% during the 3rd quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock valued at $9,721,138,000 after acquiring an additional 3,783,802 shares during the period. Fisher Asset Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 1.3% in the third quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company’s stock valued at $4,995,984,000 after purchasing an additional 359,854 shares in the last quarter. Van ECK Associates Corp increased its stake in Taiwan Semiconductor Manufacturing by 0.7% during the 3rd quarter. Van ECK Associates Corp now owns 18,289,993 shares of the semiconductor company’s stock worth $3,176,423,000 after buying an additional 122,828 shares during the period. WCM Investment Management LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 14.1% during the 3rd quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company’s stock worth $1,733,104,000 after buying an additional 1,206,359 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in Taiwan Semiconductor Manufacturing by 72.9% in the 4th quarter. Jennison Associates LLC now owns 6,949,520 shares of the semiconductor company’s stock valued at $1,372,461,000 after buying an additional 2,931,209 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on TSM. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Finally, Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 0.9 %

TSM opened at $210.40 on Friday. 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 Company Limited has a one year low of $120.00 and a one year high of $226.40. The company has a market cap of $1.09 trillion, a P/E ratio of 29.89, a PEG ratio of 0.69 and a beta of 1.06. The business’s 50-day simple moving average is $203.69 and its 200-day simple moving average is $187.05.

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 net margin of 40.51% and a return on equity of 30.47%. As a group, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS 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 given a $0.5484 dividend. The ex-dividend date is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a yield of 1.04%. Taiwan Semiconductor Manufacturing’s payout ratio is 27.27%.

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.