Impact Investors Inc Purchases Shares of 8,051 Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Impact Investors Inc acquired a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,051 shares of the semiconductor company’s stock, valued at approximately $1,590,000. Taiwan Semiconductor Manufacturing makes up about 1.2% of Impact Investors Inc’s investment portfolio, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. AMF Tjanstepension AB raised its stake in shares of Taiwan Semiconductor Manufacturing by 4.8% in 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 in the last quarter. J.W. Cole Advisors Inc. increased its stake in Taiwan Semiconductor Manufacturing by 14.1% in the third quarter. J.W. Cole Advisors Inc. now owns 7,858 shares of the semiconductor company’s stock valued at $1,365,000 after acquiring an additional 969 shares during the period. Inscription Capital LLC acquired a new position in Taiwan Semiconductor Manufacturing in the third quarter worth about $351,000. Concord Wealth Partners lifted its stake in Taiwan Semiconductor Manufacturing by 103.7% during the third quarter. Concord Wealth Partners now owns 717 shares of the semiconductor company’s stock worth $125,000 after purchasing an additional 365 shares during the period. Finally, TCI Wealth Advisors Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 6.1% during the third quarter. TCI Wealth Advisors Inc. now owns 1,260 shares of the semiconductor company’s stock valued at $219,000 after purchasing an additional 73 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 1.2 %

NYSE TSM opened at $189.36 on Wednesday. The stock’s 50 day simple moving average is $205.36 and its 200 day simple moving average is $191.41. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40. The firm has a market cap of $982.12 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share 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%. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid a $0.6855 dividend. 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 dividend yield of 1.45%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 31.11%.

Wall Street Analyst Weigh In

TSM has been the subject of a number of recent research reports. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Finally, Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $220.00.

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.