Aaron Wealth Advisors LLC Has $3.34 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Aaron Wealth Advisors LLC lifted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 28.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 16,910 shares of the semiconductor company’s stock after purchasing an additional 3,757 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $3,340,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of TSM. ProVise Management Group LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 5.3% during the 2nd quarter. ProVise Management Group LLC now owns 1,769 shares of the semiconductor company’s stock worth $307,000 after acquiring an additional 89 shares in the last quarter. Brighton Jones LLC raised its position in Taiwan Semiconductor Manufacturing by 12.3% during the second quarter. Brighton Jones LLC now owns 7,722 shares of the semiconductor company’s stock worth $1,342,000 after acquiring an additional 845 shares in the last quarter. Ieq Capital LLC lifted its stake in Taiwan Semiconductor Manufacturing by 31.5% in the second quarter. Ieq Capital LLC now owns 16,040 shares of the semiconductor company’s stock valued at $2,788,000 after acquiring an additional 3,843 shares during the last quarter. King Luther Capital Management Corp increased its stake in shares of Taiwan Semiconductor Manufacturing by 4.7% during the 2nd quarter. King Luther Capital Management Corp now owns 6,812 shares of the semiconductor company’s stock worth $1,184,000 after purchasing an additional 308 shares during the last quarter. Finally, AE Wealth Management LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 10.1% in the 2nd quarter. AE Wealth Management LLC now owns 14,481 shares of the semiconductor company’s stock valued at $2,517,000 after purchasing an additional 1,328 shares during the period. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM opened at $211.52 on Friday. The business has a 50-day simple moving average of $198.02 and a two-hundred day simple moving average of $184.44. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $109.48 and a 12-month high of $222.20. The stock has a market cap of $1.10 trillion, a PE ratio of 33.90, a PEG ratio of 0.76 and a beta of 1.07. 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 (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 30.77%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $220.00.

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.