Everpar Advisors LLC Takes $239,000 Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Everpar Advisors LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,302 shares of the semiconductor company’s stock, valued at approximately $239,000.

A number of other large investors have also recently modified their holdings of the stock. Financial Gravity Asset Management Inc. lifted its position in Taiwan Semiconductor Manufacturing by 208.9% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 312 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 211 shares during the period. Farmers & Merchants Investments Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $31,000. Creative Financial Designs Inc. ADV lifted its position in Taiwan Semiconductor Manufacturing by 108.7% during the 4th 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 period. Tennessee Valley Asset Management Partners purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $37,000. Finally, Manchester Capital Management LLC lifted its position in Taiwan Semiconductor Manufacturing by 961.9% during the 3rd quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 404 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $143.61 on Thursday. The firm has a 50 day moving average of $138.61 and a 200 day moving average of $117.32. The company has a current ratio of 2.33, a quick ratio of 2.06 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $744.82 billion, a price-to-earnings ratio of 27.35, a price-to-earnings-growth ratio of 1.01 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $82.53 and a 12-month high of $158.40.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Susquehanna lifted their target price on shares of Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the stock a “positive” rating in a report on Tuesday, April 2nd. TD Cowen lifted their target price 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. Barclays lifted their target price on shares of Taiwan Semiconductor Manufacturing from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, April 19th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $168.00 target price on shares of Taiwan Semiconductor Manufacturing in a report 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. According to data from MarketBeat.com, the company presently has an average 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.