Pure Financial Advisors LLC Grows Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Pure Financial Advisors LLC raised its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 73.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,692 shares of the semiconductor company’s stock after buying an additional 1,141 shares during the quarter. Pure Financial Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of TSM. Skandinaviska Enskilda Banken AB publ boosted its stake in Taiwan Semiconductor Manufacturing by 23,886.2% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 13,912 shares of the semiconductor company’s stock worth $2,420,000 after purchasing an additional 13,854 shares during the period. Summit Trail Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 24.2% in the second quarter. Summit Trail Advisors LLC now owns 2,528 shares of the semiconductor company’s stock valued at $441,000 after buying an additional 493 shares during the last quarter. ProShare Advisors LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 25.2% during the second quarter. ProShare Advisors LLC now owns 1,935 shares of the semiconductor company’s stock worth $336,000 after buying an additional 390 shares during the period. Certified Advisory Corp acquired a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at about $256,000. Finally, Xponance Inc. raised its stake in Taiwan Semiconductor Manufacturing by 12.3% during the 2nd quarter. Xponance Inc. now owns 5,209 shares of the semiconductor company’s stock valued at $905,000 after acquiring an additional 572 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $218.66 on Wednesday. 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 Company Limited has a one year low of $112.52 and a one year high of $222.20. The company has a market cap of $1.13 trillion, a P/E ratio of 31.06, a price-to-earnings-growth ratio of 0.71 and a beta of 1.07. The business has a fifty day moving average of $198.37 and a two-hundred day moving average of $184.73.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 8.98 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a $0.5484 dividend. 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 1.00%. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 31.11%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Barclays upped their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Finally, StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Monday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus 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.