Human Investing LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 208 shares of the semiconductor company’s stock, valued at approximately $41,000.
Other hedge funds have also recently modified their holdings of the company. Reston Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $25,000. Stonebridge Financial Group LLC acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth $25,000. Roxbury Financial LLC purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth $29,000. Archer Investment Corp lifted its holdings in 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 acquiring an additional 62 shares during the period. Finally, American Capital Advisory LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter worth $38,000. 16.51% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
TSM has been the subject of a number of research analyst reports. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Barclays increased their target price 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. Finally, Needham & Company LLC reissued a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $220.00.
Taiwan Semiconductor Manufacturing Stock Performance
Shares of TSM opened at $203.77 on Tuesday. The company has a 50-day moving average of $205.26 and a two-hundred day moving average of $189.38. The stock has a market cap of $1.06 trillion, a P/E ratio of 28.94, a PEG ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $122.91 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.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last posted its earnings results 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%. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.
Taiwan Semiconductor Manufacturing Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be paid a $0.6855 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 annualized dividend and a yield of 1.35%. Taiwan Semiconductor Manufacturing’s 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.
Read More
- Five stocks we like better than Taiwan Semiconductor Manufacturing
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Airbnb’s Earnings: Sky High Results, Grounded Guidance?
- What Are Dividend Contenders? Investing in Dividend Contenders
- Kyndryl Soars on AI, Cybersecurity Growth—What’s Next?
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Conflicting Signals: Tempus AI’s Stock Market Rally
Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Free Report).
Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.