FSB Premier Wealth Management Inc. Grows Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

FSB Premier Wealth Management Inc. boosted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 7.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,069 shares of the semiconductor company’s stock after buying an additional 347 shares during the quarter. FSB Premier Wealth Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,001,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Taiwan Semiconductor Manufacturing by 211.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 46,005 shares of the semiconductor company’s stock worth $7,990,000 after buying an additional 31,231 shares during the period. Fiduciary Trust Co grew its holdings in shares of Taiwan Semiconductor Manufacturing by 63.9% during the 3rd quarter. Fiduciary Trust Co now owns 4,157 shares of the semiconductor company’s stock worth $722,000 after purchasing an additional 1,621 shares during the period. Tradition Wealth Management LLC increased its holdings in Taiwan Semiconductor Manufacturing by 63.6% in the 3rd quarter. Tradition Wealth Management LLC now owns 3,553 shares of the semiconductor company’s stock valued at $617,000 after purchasing an additional 1,381 shares in the last quarter. Semmax Financial Advisors Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 11.5% during the third quarter. Semmax Financial Advisors Inc. now owns 23,165 shares of the semiconductor company’s stock worth $4,442,000 after purchasing an additional 2,383 shares in the last quarter. Finally, Timber Creek Capital Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 0.7% in the third quarter. Timber Creek Capital Management LLC now owns 58,804 shares of the semiconductor company’s stock valued at $10,212,000 after purchasing an additional 416 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TSM has been the subject of a number of research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. 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 analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 1.4 %

Taiwan Semiconductor Manufacturing stock opened at $165.82 on Monday. 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 firm has a market cap of $860.00 billion, a PE ratio of 23.55, a P/E/G ratio of 0.66 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $125.78 and a twelve month high of $226.40. The firm’s 50 day moving average price is $192.35 and its two-hundred day moving average price is $192.71.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (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, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 30.68%.

Taiwan Semiconductor Manufacturing 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.