Defender Capital LLC. Purchases 1,000 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Defender Capital LLC. raised its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 63.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,565 shares of the semiconductor company’s stock after purchasing an additional 1,000 shares during the period. Taiwan Semiconductor Manufacturing makes up approximately 0.2% of Defender Capital LLC.’s holdings, making the stock its 23rd biggest position. Defender Capital LLC.’s holdings in Taiwan Semiconductor Manufacturing were worth $507,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Reston Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $25,000. Sugarloaf Wealth Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 77.1% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company’s stock worth $32,000 after buying an additional 81 shares during the period. Archer Investment Corp grew its stake in shares of Taiwan Semiconductor Manufacturing by 48.1% in the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 62 shares in the last quarter. American Capital Advisory LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter worth $38,000. Finally, OLD Second National Bank of Aurora boosted its stake in Taiwan Semiconductor Manufacturing by 169.8% in the third quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 146 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on TSM shares. Barclays raised their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Needham & Company LLC reaffirmed 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 investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 0.0 %

NYSE TSM opened at $202.46 on Thursday. The company has a fifty day simple moving average of $201.42 and a two-hundred day simple moving average of $185.89. The stock has a market cap of $1.05 trillion, a P/E ratio of 28.76, a P/E/G ratio of 0.74 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 current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This represents a $2.19 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 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.