Headlands Technologies LLC Lowers Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Headlands Technologies LLC lessened its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 88.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,445 shares of the semiconductor company’s stock after selling 56,760 shares during the quarter. Headlands Technologies LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,470,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Boston Family Office LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 13.4% in the fourth quarter. Boston Family Office LLC now owns 3,855 shares of the semiconductor company’s stock valued at $761,000 after buying an additional 456 shares in the last quarter. Nemes Rush Group LLC grew its stake in Taiwan Semiconductor Manufacturing by 1,810.0% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 181 shares during the period. Gibson Capital LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth $220,000. Roundview Capital LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 2.8% during the fourth quarter. Roundview Capital LLC now owns 72,472 shares of the semiconductor company’s stock valued at $14,312,000 after purchasing an additional 1,967 shares in the last quarter. Finally, HighPoint Advisor Group LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 4.9% during the fourth quarter. HighPoint Advisor Group LLC now owns 19,273 shares of the semiconductor company’s stock valued at $4,023,000 after purchasing an additional 905 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 1.5 %

TSM opened at $168.46 on Wednesday. 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 company’s 50 day simple moving average is $190.44 and its two-hundred day simple moving average is $192.64. The firm has a market capitalization of $873.72 billion, a price-to-earnings ratio of 23.93, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $125.78 and a 1-year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping 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%. Analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS 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 paid a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a yield of 1.63%. Taiwan Semiconductor Manufacturing’s payout ratio is 30.68%.

Analysts Set New Price Targets

TSM has been the subject of several research analyst reports. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Needham & Company LLC reissued a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, Barclays lifted their price target on 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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $220.00.

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.