Winch Advisory Services LLC Purchases 63 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Winch Advisory Services LLC raised its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.2% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 1,281 shares of the semiconductor company’s stock after buying an additional 63 shares during the period. Winch Advisory Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $222,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Whittier Trust Co. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 6.0% in the 3rd quarter. Whittier Trust Co. now owns 42,443 shares of the semiconductor company’s stock valued at $7,371,000 after purchasing an additional 2,406 shares during the period. Bellecapital International Ltd. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 9.6% in the 3rd quarter. Bellecapital International Ltd. now owns 9,438 shares of the semiconductor company’s stock valued at $1,639,000 after purchasing an additional 824 shares during the period. Koss Olinger Consulting LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 12.9% in the 3rd quarter. Koss Olinger Consulting LLC now owns 3,445 shares of the semiconductor company’s stock valued at $598,000 after purchasing an additional 394 shares during the period. Carrhae Capital LLP lifted its stake in shares of Taiwan Semiconductor Manufacturing by 24.0% in the 3rd quarter. Carrhae Capital LLP now owns 363,263 shares of the semiconductor company’s stock valued at $63,088,000 after purchasing an additional 70,249 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 2.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,082,765 shares of the semiconductor company’s stock valued at $709,054,000 after purchasing an additional 80,101 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TSM has been the topic of a number of analyst reports. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. TD Cowen increased their price target on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a research note on Thursday, July 18th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, October 17th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of “Moderate Buy” and a consensus price target of $200.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $201.90 on Tuesday. The company has a market capitalization of $1.05 trillion, a PE ratio of 32.36, a PEG ratio of 1.16 and a beta of 1.14. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $84.95 and a 12 month high of $212.60. The company has a current ratio of 2.47, a quick ratio of 2.21 and a debt-to-equity ratio of 0.26. The stock’s fifty day simple moving average is $176.00 and its 200 day simple moving average is $164.86.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a dividend of $0.4871 per share. This represents a $1.95 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 31.57%.

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.