Euro Pacific Asset Management LLC Has $634,000 Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Euro Pacific Asset Management LLC lowered its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,108 shares of the semiconductor company’s stock after selling 202 shares during the period. Euro Pacific Asset Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $634,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TSM. Reston Wealth Management LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $25,000. Sugarloaf Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 77.1% during the third quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 81 shares during the last quarter. Archer Investment Corp lifted its position in shares of Taiwan Semiconductor Manufacturing by 48.1% in the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 62 shares during the period. Endeavor Private Wealth Inc. bought a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at $40,000. Finally, American Capital Advisory LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth approximately $38,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 1.3 %

Taiwan Semiconductor Manufacturing stock opened at $221.73 on Friday. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The firm’s fifty day moving average price is $200.35 and its two-hundred day moving average price is $185.51. The firm has a market capitalization of $1.15 trillion, a price-to-earnings ratio of 31.50, a price-to-earnings-growth ratio of 0.74 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $112.61 and a 1-year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued 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%. On average, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share 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 dividend of $0.5484 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 0.99%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TSM shares. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Barclays raised their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Finally, StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently 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.