United Capital Management of KS Inc. Acquires 180 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

United Capital Management of KS Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,840 shares of the semiconductor company’s stock after purchasing an additional 180 shares during the period. United Capital Management of KS Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $758,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. FMR LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 7.2% during the third quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock valued at $9,721,138,000 after buying an additional 3,783,802 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 1.3% during the third quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company’s stock valued at $4,995,984,000 after buying an additional 359,854 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Taiwan Semiconductor Manufacturing by 6.0% during the fourth quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company’s stock valued at $3,829,757,000 after buying an additional 1,102,166 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 72.9% during the fourth quarter. Jennison Associates LLC now owns 6,949,520 shares of the semiconductor company’s stock valued at $1,372,461,000 after buying an additional 2,931,209 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 19.9% during the third quarter. Janus Henderson Group PLC now owns 6,485,854 shares of the semiconductor company’s stock valued at $1,126,420,000 after buying an additional 1,075,425 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 1.5 %

Shares of TSM stock opened at $174.16 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $125.78 and a 12-month high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The firm’s 50 day moving average is $199.22 and its 200 day moving average is $191.72. The stock has a market capitalization of $903.29 billion, a P/E ratio of 24.74, a P/E/G ratio of 0.66 and a beta of 1.13.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 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 given a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a yield of 1.57%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.68%.

Analyst Ratings Changes

TSM has been the topic of a number of recent analyst reports. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has an average 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.