Sivia Capital Partners LLC Invests $1.13 Million in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Sivia Capital Partners LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,814 shares of the semiconductor company’s stock, valued at approximately $1,125,000. Taiwan Semiconductor Manufacturing comprises about 0.6% of Sivia Capital Partners LLC’s portfolio, making the stock its 21st largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $1,810,000. Rhumbline Advisers boosted its position in Taiwan Semiconductor Manufacturing by 1.9% during the third quarter. Rhumbline Advisers now owns 647,458 shares of the semiconductor company’s stock valued at $56,264,000 after buying an additional 11,941 shares during the period. Manchester Capital Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 961.9% during the third quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 404 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 9.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 68,996 shares of the semiconductor company’s stock valued at $5,996,000 after acquiring an additional 5,968 shares during the last quarter. Finally, Checchi Capital Advisers LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 12.8% in the 3rd quarter. Checchi Capital Advisers LLC now owns 16,961 shares of the semiconductor company’s stock valued at $1,474,000 after acquiring an additional 1,920 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Trading Up 2.5 %

TSM stock traded up $4.32 on Monday, reaching $176.83. The company’s stock had a trading volume of 11,922,473 shares, compared to its average volume of 14,865,848. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.39. The business has a fifty day simple moving average of $148.96 and a two-hundred day simple moving average of $129.78. The firm has a market cap of $917.11 billion, a PE ratio of 33.20, a PEG ratio of 1.18 and a beta of 1.11. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $84.01 and a 12-month high of $178.15.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, April 18th. The semiconductor company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 38.15% and a return on equity of 24.75%. The firm had revenue of $18.87 billion for the quarter, compared to analyst estimates of $18.38 billion. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.13 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be issued a dividend of $0.4865 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.44. The ex-dividend date is Thursday, September 12th. This represents a $1.95 dividend on an annualized basis and a dividend yield of 1.10%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 32.76%.

Wall Street Analysts Forecast Growth

TSM has been the topic of several recent research reports. Needham & Company LLC restated a “buy” rating and set a $168.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, May 22nd. 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 research note on Thursday, April 18th. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, June 5th. StockNews.com upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Finally, Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $180.00 to $200.00 and gave the stock a “positive” rating in a report on Monday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and an average price target of $167.00.

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.