Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Stablepoint Partners LLC

Stablepoint Partners LLC raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,662 shares of the semiconductor company’s stock after acquiring an additional 449 shares during the period. Stablepoint Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,501,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TSM. Accel Wealth Management increased its position in Taiwan Semiconductor Manufacturing by 2.5% during the 4th quarter. Accel Wealth Management now owns 2,037 shares of the semiconductor company’s stock worth $402,000 after purchasing an additional 49 shares in the last quarter. FWG Holdings LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.6% in the 3rd quarter. FWG Holdings LLC now owns 3,106 shares of the semiconductor company’s stock valued at $539,000 after acquiring an additional 50 shares during the period. Elmwood Wealth Management Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.7% during the 4th quarter. Elmwood Wealth Management Inc. now owns 1,405 shares of the semiconductor company’s stock valued at $277,000 after acquiring an additional 50 shares in the last quarter. Gilman Hill Asset Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 3.3% during the 4th quarter. Gilman Hill Asset Management LLC now owns 1,614 shares of the semiconductor company’s stock worth $319,000 after purchasing an additional 52 shares during the period. Finally, Traynor Capital Management Inc. increased its holdings in Taiwan Semiconductor Manufacturing by 3.4% in the 4th quarter. Traynor Capital Management Inc. now owns 1,566 shares of the semiconductor company’s stock valued at $309,000 after purchasing an additional 52 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Finally, Barclays lifted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $221.73 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $112.61 and a 52 week 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. The stock has a market cap of $1.15 trillion, a P/E ratio of 31.50, a price-to-earnings-growth ratio of 0.74 and a beta of 1.07. The stock has a 50 day moving average of $201.07 and a 200-day moving average of $185.75.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results 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 return on equity of 30.47% and a net margin of 40.51%. On average, analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 0.99%. This is a boost 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 presently 27.27%.

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.