JTC Employer Solutions Trustee Ltd Raises Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

JTC Employer Solutions Trustee Ltd boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,101 shares of the semiconductor company’s stock after purchasing an additional 400 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 1.0% of JTC Employer Solutions Trustee Ltd’s investment portfolio, making the stock its 14th biggest holding. JTC Employer Solutions Trustee Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $14,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Private Client Services LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth about $201,000. Trust Co of the South increased its holdings in shares of Taiwan Semiconductor Manufacturing by 232.8% in the 4th quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company’s stock valued at $1,752,000 after acquiring an additional 6,204 shares during the last quarter. NRI Wealth Management LC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $1,545,000. HF Advisory Group LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 55.5% in the 3rd quarter. HF Advisory Group LLC now owns 13,755 shares of the semiconductor company’s stock valued at $2,389,000 after acquiring an additional 4,907 shares during the last quarter. Finally, Impax Asset Management Group plc increased its holdings in shares of Taiwan Semiconductor Manufacturing by 33.7% in the 3rd quarter. Impax Asset Management Group plc now owns 26,418 shares of the semiconductor company’s stock valued at $4,588,000 after acquiring an additional 6,664 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on TSM shares. Barclays upped their target price on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Needham & Company LLC reissued a “buy” rating and issued a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday, November 17th. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and a consensus price target of $214.00.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock traded down $7.11 during mid-day trading on Monday, reaching $201.26. 8,989,996 shares of the company were exchanged, compared to its average volume of 14,529,895. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $100.00 and a twelve month high of $222.20. The firm’s 50-day simple moving average is $196.94 and its two-hundred day simple moving average is $183.39. 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 cap of $1.04 trillion, a PE ratio of 32.25, a price-to-earnings-growth ratio of 0.93 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.20. The business had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. Equities analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.09%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 35.10%.

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.