WJ Wealth Management LLC Buys 136 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

WJ Wealth Management LLC boosted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 8.7% during the fourth quarter, Holdings Channel reports. The fund owned 1,694 shares of the semiconductor company’s stock after acquiring an additional 136 shares during the period. WJ Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $335,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. AMF Tjanstepension AB raised its holdings in Taiwan Semiconductor Manufacturing by 4.8% during the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after buying an additional 70,057 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 16.2% in the third quarter. GAMMA Investing LLC now owns 6,332 shares of the semiconductor company’s stock worth $1,100,000 after acquiring an additional 884 shares during the last quarter. Azzad Asset Management Inc. ADV grew its position in Taiwan Semiconductor Manufacturing by 0.4% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 14,166 shares of the semiconductor company’s stock valued at $2,460,000 after purchasing an additional 63 shares during the last quarter. Eagle Rock Investment Company LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 21.5% during the third quarter. Eagle Rock Investment Company LLC now owns 55,419 shares of the semiconductor company’s stock valued at $9,625,000 after acquiring an additional 9,824 shares in the last quarter. Finally, Parisi Gray Wealth Management lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 17.7% during the third quarter. Parisi Gray Wealth Management now owns 3,905 shares of the semiconductor company’s stock valued at $678,000 after purchasing an additional 588 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $199.96 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The company has a market cap of $1.04 trillion, a price-to-earnings ratio of 28.40, a PEG ratio of 0.69 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $116.58 and a 1 year high of $226.40. The stock’s 50 day simple moving average is $202.44 and its two-hundred day simple moving average is $186.43.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results 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%. As a group, equities analysts anticipate 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 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. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.10%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.27%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TSM shares. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Finally, Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average 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.