FFG Partners LLC Invests $205,000 in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

FFG Partners LLC bought a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,038 shares of the semiconductor company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. raised its stake in shares of Taiwan Semiconductor Manufacturing by 41.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 2,050 shares of the semiconductor company’s stock worth $405,000 after purchasing an additional 600 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Taiwan Semiconductor Manufacturing by 84.1% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 875,756 shares of the semiconductor company’s stock valued at $173,490,000 after acquiring an additional 400,000 shares during the period. Telligent Fund LP acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $2,962,000. Strategic Financial Concepts LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth $40,889,000. Finally, Leo Wealth LLC lifted its position in Taiwan Semiconductor Manufacturing by 1.8% during the fourth quarter. Leo Wealth LLC now owns 3,115 shares of the semiconductor company’s stock valued at $615,000 after purchasing an additional 56 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

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

Taiwan Semiconductor Manufacturing Trading Up 0.9 %

Shares of TSM stock opened at $210.40 on Friday. The stock has a 50 day simple moving average of $203.69 and a 200-day simple moving average of $187.05. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $120.00 and a 1-year high of $226.40. The company has a market cap of $1.09 trillion, a price-to-earnings ratio of 29.89, a PEG 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.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping the consensus estimate 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, equities research analysts expect 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, April 10th. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.04%. 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.