19,891 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the fourth quarter, Holdings Channel.com reports. The fund bought 19,891 shares of the semiconductor company’s stock, valued at approximately $2,069,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. LSV Asset Management increased its position in Taiwan Semiconductor Manufacturing by 98.0% during the fourth quarter. LSV Asset Management now owns 40,400 shares of the semiconductor company’s stock worth $4,202,000 after acquiring an additional 20,000 shares during the period. Merit Financial Group LLC increased its position in Taiwan Semiconductor Manufacturing by 27.0% during the fourth quarter. Merit Financial Group LLC now owns 5,248 shares of the semiconductor company’s stock worth $546,000 after acquiring an additional 1,117 shares during the period. Loudon Investment Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 4.1% during the fourth quarter. Loudon Investment Management LLC now owns 15,270 shares of the semiconductor company’s stock worth $1,588,000 after buying an additional 600 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 172.3% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 12,917 shares of the semiconductor company’s stock worth $1,343,000 after buying an additional 8,173 shares in the last quarter. Finally, Summit Global Investments boosted its stake in Taiwan Semiconductor Manufacturing by 1.2% during the fourth quarter. Summit Global Investments now owns 40,494 shares of the semiconductor company’s stock worth $4,211,000 after buying an additional 464 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Analysts Set New Price Targets

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

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM traded up $5.33 on Friday, hitting $141.56. The stock had a trading volume of 13,264,336 shares, compared to its average volume of 15,843,582. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $82.53 and a twelve month high of $158.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.06 and a current ratio of 2.33. The firm’s 50 day moving average price is $138.12 and its 200-day moving average price is $116.26. The company has a market capitalization of $734.19 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 1.01 and a beta of 1.13.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Investors of record on Thursday, June 13th will be given a dividend of $0.4408 per share. The ex-dividend date is Thursday, June 13th. This represents a $1.76 annualized dividend and a yield of 1.25%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 32.76%.

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.