Wealthstream Advisors Inc. Grows Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Wealthstream Advisors Inc. grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,439 shares of the semiconductor company’s stock after purchasing an additional 492 shares during the period. Wealthstream Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,074,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TSM. AMF Tjanstepension AB increased its holdings in shares of Taiwan Semiconductor Manufacturing by 4.8% during the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after acquiring an additional 70,057 shares in the last quarter. Dakota Wealth Management grew its position in Taiwan Semiconductor Manufacturing by 12.6% during the 3rd quarter. Dakota Wealth Management now owns 8,703 shares of the semiconductor company’s stock worth $1,511,000 after purchasing an additional 972 shares during the last quarter. Parcion Private Wealth LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $218,000. Arkadios Wealth Advisors raised its holdings in shares of Taiwan Semiconductor Manufacturing by 3.5% in the third quarter. Arkadios Wealth Advisors now owns 10,131 shares of the semiconductor company’s stock worth $1,760,000 after buying an additional 342 shares during the last quarter. Finally, PFG Investments LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 5.1% during the third quarter. PFG Investments LLC now owns 12,599 shares of the semiconductor company’s stock worth $2,188,000 after buying an additional 613 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $198.40 on Monday. The firm has a market capitalization of $1.03 trillion, a P/E ratio of 28.18, a PEG ratio of 0.66 and a beta of 1.06. The stock has a 50-day simple moving average of $205.80 and a two-hundred day simple moving average of $191.07. 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 fifty-two week low of $125.78 and a fifty-two week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly 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%. On average, equities analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. The ex-dividend date is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a yield of 1.38%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 31.11%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Barclays upped their target price 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. Needham & Company LLC restated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Finally, StockNews.com lowered 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 assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.