Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Wynn Capital LLC

Wynn Capital LLC boosted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,480 shares of the semiconductor company’s stock after buying an additional 75 shares during the quarter. Wynn Capital LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,280,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reston Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $25,000. Fairscale Capital LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at about $32,000. Sugarloaf Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 77.1% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 81 shares during the last quarter. Archer Investment Corp lifted its stake in Taiwan Semiconductor Manufacturing by 48.1% in the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 62 shares in the last quarter. Finally, Abich Financial Wealth Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 108.0% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 208 shares of the semiconductor company’s stock worth $36,000 after buying an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and a consensus price target of $214.00.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $201.62 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. The stock’s fifty day moving average is $197.26 and its two-hundred day moving average is $183.79. The firm has a market capitalization of $1.05 trillion, a P/E ratio of 32.31, a price-to-earnings-growth ratio of 0.93 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $100.00 and a fifty-two week high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. The firm had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $22.72 billion. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 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, April 10th. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 1.09%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 35.10%.

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.