Certuity LLC Sells 892 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Certuity LLC decreased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 41.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,267 shares of the semiconductor company’s stock after selling 892 shares during the quarter. Certuity LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $250,000 at the end of the most recent quarter.

Other hedge funds 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 3rd quarter valued at approximately $25,000. Stonebridge Financial Group LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $25,000. Archer Investment Corp raised its holdings in Taiwan Semiconductor Manufacturing by 48.1% in the 3rd 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 acquired a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at approximately $38,000. Finally, OLD Second National Bank of Aurora raised its holdings in Taiwan Semiconductor Manufacturing by 169.8% in the 3rd quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 146 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 2.3 %

Shares of TSM opened at $201.70 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $122.91 and a 1 year 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 50 day simple moving average of $205.29 and a 200-day simple moving average of $188.58. The stock has a market cap of $1.05 trillion, a PE ratio of 28.65, a PEG ratio of 0.70 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released 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, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.36%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Wall Street Analyst Weigh In

Several equities analysts have commented on TSM shares. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Barclays upped their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Needham & Company LLC reissued a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.