Opinicus Capital Inc. Has $3.12 Million Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Opinicus Capital Inc. lessened its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.8% during the fourth quarter, HoldingsChannel reports. The firm owned 15,773 shares of the semiconductor company’s stock after selling 462 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 2.6% of Opinicus Capital Inc.’s portfolio, making the stock its 9th biggest holding. Opinicus Capital Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $3,115,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TSM. Mount Yale Investment Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 4.3% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock valued at $7,052,000 after buying an additional 1,476 shares during the last quarter. OLD National Bancorp IN raised its stake in Taiwan Semiconductor Manufacturing by 2.1% in the 4th quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock valued at $22,357,000 after acquiring an additional 2,368 shares during the period. McHugh Group LLC bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $605,000. Private Client Services LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth about $201,000. Finally, YHB Investment Advisors Inc. raised its position in shares of Taiwan Semiconductor Manufacturing by 6.9% in the fourth quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company’s stock valued at $7,954,000 after purchasing an additional 2,604 shares during the period. 16.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TSM. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Barclays upped their price target 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. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $206.25 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The business has a 50-day simple moving average of $204.28 and a 200 day simple moving average of $187.21. The stock has a market cap of $1.07 trillion, a price-to-earnings ratio of 29.30, a PEG ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $122.91 and a 52 week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a $0.5484 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 27.27%.

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.