Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Accel Wealth Management

Accel Wealth Management boosted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,037 shares of the semiconductor company’s stock after purchasing an additional 49 shares during the period. Accel Wealth Management’s holdings in Taiwan Semiconductor Manufacturing were worth $402,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TSM. DGS Capital Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 5.4% during the fourth quarter. DGS Capital Management LLC now owns 22,248 shares of the semiconductor company’s stock valued at $4,394,000 after buying an additional 1,132 shares in the last quarter. Bennett Selby Investments LP lifted its holdings in Taiwan Semiconductor Manufacturing by 5.4% in the 4th quarter. Bennett Selby Investments LP now owns 1,412 shares of the semiconductor company’s stock valued at $279,000 after acquiring an additional 72 shares during the last quarter. Berbice Capital Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $1,067,000. Metropolis Capital Ltd grew its stake in shares of Taiwan Semiconductor Manufacturing by 45.4% in the 4th quarter. Metropolis Capital Ltd now owns 383,552 shares of the semiconductor company’s stock worth $75,748,000 after purchasing an additional 119,719 shares during the last quarter. Finally, Sound Income Strategies LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 72.1% in the 4th quarter. Sound Income Strategies LLC now owns 890 shares of the semiconductor company’s stock worth $176,000 after purchasing an additional 373 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $221.73 on Friday. The firm has a market capitalization of $1.15 trillion, a P/E ratio of 31.50, a PEG ratio of 0.74 and a beta of 1.07. The stock has a fifty day moving average of $201.07 and a 200-day moving average of $185.75. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $112.61 and a 12-month high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced 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 return on equity of 30.47% and a net margin of 40.51%. Equities analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This represents a $2.19 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 27.27%.

Analysts Set New Price Targets

TSM has been the topic of several recent research reports. Barclays lifted their price target 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. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Monday, January 20th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Company 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.