Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Position Decreased by Hantz Financial Services Inc.

Hantz Financial Services Inc. cut its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,215 shares of the semiconductor company’s stock after selling 200 shares during the quarter. Hantz Financial Services Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $5,177,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. FMR LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 7.2% in the third quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock worth $9,721,138,000 after buying an additional 3,783,802 shares during the period. Fisher Asset Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 1.3% in the third quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company’s stock worth $4,995,984,000 after buying an additional 359,854 shares during the period. Van ECK Associates Corp boosted its position in shares of Taiwan Semiconductor Manufacturing by 0.7% in the third quarter. Van ECK Associates Corp now owns 18,289,993 shares of the semiconductor company’s stock worth $3,176,423,000 after buying an additional 122,828 shares during the period. WCM Investment Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 14.1% in the third quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company’s stock worth $1,733,104,000 after buying an additional 1,206,359 shares during the period. Finally, Janus Henderson Group PLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 19.9% in the third quarter. Janus Henderson Group PLC now owns 6,485,854 shares of the semiconductor company’s stock worth $1,126,420,000 after buying an additional 1,075,425 shares during the period. 16.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TSM shares. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 0.0 %

Shares of TSM opened at $202.46 on Thursday. The company has a market capitalization of $1.05 trillion, a P/E ratio of 28.76, a PEG ratio of 0.74 and a beta of 1.07. 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 Company Limited has a one year low of $112.61 and a one year high of $226.40. The business’s 50 day simple moving average is $201.42 and its 200-day simple moving average is $185.89.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share 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%. As a group, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS 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. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 1.08%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 27.27%.

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.