Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Holdings Boosted by Intrust Bank NA

Intrust Bank NA lifted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,187 shares of the semiconductor company’s stock after buying an additional 111 shares during the period. Intrust Bank NA’s holdings in Taiwan Semiconductor Manufacturing were worth $1,475,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Financial Gravity Asset Management Inc. grew its stake in Taiwan Semiconductor Manufacturing by 208.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 312 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 211 shares in the last quarter. Farmers & Merchants Investments Inc. bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $31,000. Creative Financial Designs Inc. ADV lifted its stake in Taiwan Semiconductor Manufacturing by 108.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 311 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 162 shares during the last quarter. Baystate Wealth Management LLC grew its position in Taiwan Semiconductor Manufacturing by 53.5% in the third quarter. Baystate Wealth Management LLC now owns 396 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 138 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth $37,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM traded up $0.60 on Tuesday, hitting $139.10. The company’s stock had a trading volume of 1,649,163 shares, compared to its average volume of 15,563,214. The company has a market capitalization of $721.43 billion, a PE ratio of 26.39, a PEG ratio of 0.99 and a beta of 1.15. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $82.44 and a fifty-two week high of $158.40. The company has a 50 day moving average price of $137.30 and a 200 day moving average price of $115.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.33 and a quick ratio of 2.06.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, June 13th will be paid a $0.4408 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Thursday, June 13th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 32.76%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on TSM shares. Needham & Company LLC reiterated a “buy” rating and issued a $168.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 18th. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. Susquehanna upped their target price on Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the stock a “positive” rating in a research report on Tuesday, April 2nd. Barclays lifted their price target on shares of Taiwan Semiconductor Manufacturing from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Friday, April 19th. Finally, TD Cowen upped their price objective on shares of Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the stock a “hold” rating in a report on Thursday, April 18th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $157.00.

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.