Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by RMR Wealth Builders

RMR Wealth Builders lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,548 shares of the semiconductor company’s stock after selling 304 shares during the period. RMR Wealth Builders’ holdings in Taiwan Semiconductor Manufacturing were worth $1,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSM. Outlook Wealth Advisors LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $234,000. BluePath Capital Management LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 23.0% in the fourth quarter. BluePath Capital Management LLC now owns 2,308 shares of the semiconductor company’s stock valued at $465,000 after acquiring an additional 432 shares during the period. HCR Wealth Advisors boosted its position in Taiwan Semiconductor Manufacturing by 17.6% in the 4th quarter. HCR Wealth Advisors now owns 2,689 shares of the semiconductor company’s stock worth $531,000 after purchasing an additional 402 shares in the last quarter. Sendero Wealth Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 10.0% during the 4th quarter. Sendero Wealth Management LLC now owns 6,901 shares of the semiconductor company’s stock worth $1,363,000 after purchasing an additional 630 shares during the period. Finally, Pinnacle Bancorp Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 10.5% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,584 shares of the semiconductor company’s stock valued at $313,000 after purchasing an additional 151 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TSM has been the topic of several analyst reports. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, October 17th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $214.00.

Taiwan Semiconductor Manufacturing Trading Up 2.7 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $206.93 on Thursday. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $100.00 and a twelve month high of $222.20. The firm’s 50-day moving average price is $197.26 and its 200 day moving average price is $183.79. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.07 trillion, a PE ratio of 33.16, a P/E/G ratio of 0.76 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly 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 27.44% and a net margin of 39.10%. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 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, April 10th. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 30.77%.

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.