136 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by Hopwood Financial Services Inc.

Hopwood Financial Services Inc. acquired a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, HoldingsChannel reports. The fund acquired 136 shares of the semiconductor company’s stock, valued at approximately $27,000.

Several other hedge funds have also bought and sold shares of the stock. Parkworth Wealth Management Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $78,000. Knuff & Co LLC boosted its position in Taiwan Semiconductor Manufacturing by 1.0% in the 4th quarter. Knuff & Co LLC now owns 26,245 shares of the semiconductor company’s stock worth $5,183,000 after purchasing an additional 268 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 12.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 9,462 shares of the semiconductor company’s stock worth $1,869,000 after purchasing an additional 1,013 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 9.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 48,878 shares of the semiconductor company’s stock worth $9,653,000 after purchasing an additional 4,375 shares in the last quarter. Finally, Summit X LLC boosted its position in Taiwan Semiconductor Manufacturing by 37.4% in the 4th quarter. Summit X LLC now owns 1,777 shares of the semiconductor company’s stock worth $351,000 after purchasing an additional 484 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 3.5 %

Shares of TSM stock opened at $176.92 on Thursday. The stock’s fifty day moving average is $200.52 and its two-hundred day moving average is $191.82. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The firm has a market capitalization of $917.56 billion, a P/E ratio of 25.13, a PEG ratio of 0.66 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share 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%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 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, July 10th. Shareholders of record on Thursday, June 12th will be issued a $0.6855 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a yield of 1.55%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.68%.

Analyst Upgrades and Downgrades

TSM has been the topic of several recent research reports. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

About Taiwan Semiconductor Manufacturing

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.