Y.D. More Investments Ltd Decreases Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Y.D. More Investments Ltd lessened its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 105,533 shares of the semiconductor company’s stock after selling 4,735 shares during the period. Taiwan Semiconductor Manufacturing makes up about 1.9% of Y.D. More Investments Ltd’s portfolio, making the stock its 14th biggest position. Y.D. More Investments Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $20,843,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Accel Wealth Management grew its position in Taiwan Semiconductor Manufacturing by 2.5% in the fourth quarter. Accel Wealth Management now owns 2,037 shares of the semiconductor company’s stock valued at $402,000 after acquiring an additional 49 shares during the period. FWG Holdings LLC grew its holdings 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 worth $539,000 after purchasing an additional 50 shares during the last quarter. Elmwood Wealth Management Inc. increased its position 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 worth $277,000 after purchasing an additional 50 shares in the last quarter. Gilman Hill Asset Management LLC lifted its holdings 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 valued at $319,000 after purchasing an additional 52 shares during the last quarter. Finally, Traynor Capital Management Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 3.4% during 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 during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Up 2.2 %

Shares of NYSE:TSM opened at $204.21 on Wednesday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $116.58 and a one year high of $226.40. The stock has a market cap of $1.06 trillion, a price-to-earnings ratio of 29.01, a P/E/G ratio of 0.69 and a beta of 1.06. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The company has a 50 day moving average of $202.74 and a 200-day moving average of $186.63.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share 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 forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a $0.5484 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.07%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.27%.

Analysts Set New Price Targets

Several analysts have recently weighed in on TSM shares. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

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.