Mosley Wealth Management Raises Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Mosley Wealth Management lifted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,511 shares of the semiconductor company’s stock after acquiring an additional 135 shares during the quarter. Mosley Wealth Management’s holdings in Taiwan Semiconductor Manufacturing were worth $306,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Optimum Investment Advisors grew its holdings in Taiwan Semiconductor Manufacturing by 10.4% in the fourth quarter. Optimum Investment Advisors now owns 2,650 shares of the semiconductor company’s stock valued at $523,000 after purchasing an additional 250 shares during the last quarter. Guardian Partners Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $9,222,000. Fox Run Management L.L.C. increased its holdings in Taiwan Semiconductor Manufacturing by 5.4% during the 4th quarter. Fox Run Management L.L.C. now owns 5,800 shares of the semiconductor company’s stock valued at $1,145,000 after acquiring an additional 297 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $1,029,000. Finally, Forefront Wealth Management Inc. purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $5,330,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 0.5 %

Shares of TSM opened at $176.58 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $125.78 and a fifty-two week high of $226.40. The company has a market capitalization of $915.81 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13. The stock has a fifty day moving average of $195.68 and a two-hundred day moving average of $192.11. 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 released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 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%. As a group, analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a $0.6855 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.55%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 30.68%.

Analyst Ratings Changes

TSM has been the subject of several research reports. Needham & Company LLC restated a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research 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 company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.