1,030 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by Asset Planning Inc

Asset Planning Inc acquired a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,030 shares of the semiconductor company’s stock, valued at approximately $203,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of TSM. AMF Tjanstepension AB boosted its position in Taiwan Semiconductor Manufacturing by 4.8% during the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after acquiring an additional 70,057 shares in the last quarter. Creative Planning boosted its position in Taiwan Semiconductor Manufacturing by 8.1% during the 3rd quarter. Creative Planning now owns 495,686 shares of the semiconductor company’s stock valued at $86,086,000 after acquiring an additional 37,122 shares in the last quarter. Asset Dedication LLC boosted its position in Taiwan Semiconductor Manufacturing by 12.3% during the 3rd quarter. Asset Dedication LLC now owns 1,983 shares of the semiconductor company’s stock valued at $344,000 after acquiring an additional 217 shares in the last quarter. Jamison Private Wealth Management Inc. boosted its position in Taiwan Semiconductor Manufacturing by 44.3% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 841 shares of the semiconductor company’s stock valued at $146,000 after acquiring an additional 258 shares in the last quarter. Finally, Tsfg LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 18.2% during the 3rd quarter. Tsfg LLC now owns 429 shares of the semiconductor company’s stock valued at $75,000 after purchasing an additional 66 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $201.70 on Friday. The business’s 50 day moving average price is $205.29 and its 200 day moving average price is $188.58. The firm has a market cap of $1.05 trillion, a P/E ratio of 28.65, a P/E/G ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $122.91 and a 52 week high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS 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%. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a $0.6855 dividend. This represents a $2.74 annualized dividend and a yield of 1.36%. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 27.27%.

Analyst Ratings Changes

Several brokerages recently weighed in on TSM. Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Finally, Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and an average 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.