David J Yvars Group Takes $216,000 Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

David J Yvars Group bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,093 shares of the semiconductor company’s stock, valued at approximately $216,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TSM. Private Client Services LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $201,000. Trust Co of the South boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 232.8% in the fourth quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company’s stock valued at $1,752,000 after acquiring an additional 6,204 shares during the period. NRI Wealth Management LC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $1,545,000. HF Advisory Group LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 55.5% in the 3rd quarter. HF Advisory Group LLC now owns 13,755 shares of the semiconductor company’s stock valued at $2,389,000 after acquiring an additional 4,907 shares during the period. Finally, Impax Asset Management Group plc raised its position in Taiwan Semiconductor Manufacturing by 33.7% in the 3rd quarter. Impax Asset Management Group plc now owns 26,418 shares of the semiconductor company’s stock valued at $4,588,000 after purchasing an additional 6,664 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $201.55 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The company has a market cap of $1.05 trillion, a PE ratio of 32.30, a price-to-earnings-growth ratio of 0.93 and a beta of 1.07. The company has a 50-day simple moving average of $197.14 and a 200-day simple moving average of $183.60. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $100.00 and a 12 month high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. The company had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $22.72 billion. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.09%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 35.10%.

Wall Street Analyst Weigh In

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

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.