Opal Wealth Advisors LLC Has $506,000 Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Opal Wealth Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,564 shares of the semiconductor company’s stock after purchasing an additional 104 shares during the quarter. Opal Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $506,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Reston Wealth Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $25,000. Archer Investment Corp grew its position 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 purchasing an additional 62 shares during the period. American Capital Advisory LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at $38,000. OLD Second National Bank of Aurora raised its holdings in Taiwan Semiconductor Manufacturing by 169.8% during the third quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock worth $40,000 after buying an additional 146 shares during the last quarter. Finally, Endeavor Private Wealth Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at $40,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TSM has been the topic of a number of analyst reports. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Finally, Barclays raised 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $206.25 on Monday. 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 firm has a market cap of $1.07 trillion, a PE ratio of 29.30, a PEG ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $122.91 and a 1 year high of $226.40. The stock’s fifty day moving average price is $204.71 and its two-hundred day moving average price is $187.59.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a $0.5484 dividend. The ex-dividend date is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.06%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Taiwan Semiconductor Manufacturing 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.