Wiser Advisor Group LLC Has $304,000 Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Wiser Advisor Group LLC grew its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 15.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,539 shares of the semiconductor company’s stock after buying an additional 211 shares during the period. Wiser Advisor Group LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $304,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. Reston Wealth Management LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $25,000. Stonebridge Financial Group LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $25,000. Roxbury Financial LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $29,000. Archer Investment Corp lifted its position 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 acquiring an additional 62 shares in the last quarter. Finally, American Capital Advisory LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Taiwan Semiconductor Manufacturing Stock Down 0.5 %

Shares of TSM opened at $180.10 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40. The firm has a market cap of $934.05 billion, a P/E ratio of 25.58, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06. The firm’s 50-day simple moving average is $204.74 and its 200 day simple moving average is $191.45. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates 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, analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 31.11%.

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.