Stanley Laman Group Ltd. Has $530,000 Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Stanley Laman Group Ltd. increased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 89.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,683 shares of the semiconductor company’s stock after buying an additional 1,264 shares during the quarter. Stanley Laman Group Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. Reston Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $25,000. Stonebridge Financial Group LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $25,000. Archer Investment Corp increased its stake in shares of Taiwan Semiconductor Manufacturing by 48.1% in the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 62 shares during the period. American Capital Advisory LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $38,000. Finally, OLD Second National Bank of Aurora increased its stake in shares of Taiwan Semiconductor Manufacturing by 169.8% in the third quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 146 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on TSM shares. Barclays upped their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $201.70 on Friday. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 28.65, a PEG 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 stock’s 50 day moving average price is $205.29 and its two-hundred day moving average price is $188.58. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.36%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 27.27%.

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.