MFA Wealth Services Makes New Investment in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

MFA Wealth Services bought a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,113 shares of the semiconductor company’s stock, valued at approximately $812,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. FWG Holdings LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 1.6% during the 3rd quarter. FWG Holdings LLC now owns 3,106 shares of the semiconductor company’s stock worth $539,000 after acquiring an additional 50 shares in the last quarter. Elmwood Wealth Management Inc. grew its position in Taiwan Semiconductor Manufacturing by 3.7% in the fourth quarter. Elmwood Wealth Management Inc. now owns 1,405 shares of the semiconductor company’s stock valued at $277,000 after purchasing an additional 50 shares in the last quarter. Gilman Hill Asset Management LLC grew its position in Taiwan Semiconductor Manufacturing by 3.3% in the fourth quarter. Gilman Hill Asset Management LLC now owns 1,614 shares of the semiconductor company’s stock valued at $319,000 after purchasing an additional 52 shares in the last quarter. Traynor Capital Management Inc. increased its stake in Taiwan Semiconductor Manufacturing by 3.4% in the 4th quarter. Traynor Capital Management Inc. now owns 1,566 shares of the semiconductor company’s stock valued at $309,000 after buying an additional 52 shares during the last quarter. Finally, XML Financial LLC lifted its position in Taiwan Semiconductor Manufacturing by 2.0% during the 4th quarter. XML Financial LLC now owns 2,660 shares of the semiconductor company’s stock worth $525,000 after buying an additional 53 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Up 0.5 %

NYSE TSM opened at $224.36 on Friday. The company has a market cap of $1.16 trillion, a price-to-earnings ratio of 31.87, a PEG ratio of 0.74 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $112.61 and a 1-year high of $225.43. 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 company has a 50 day moving average of $199.64 and a 200-day moving average of $185.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be given a $0.5484 dividend. The ex-dividend date of this dividend 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 0.98%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.27%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on TSM shares. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

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.