Safeguard Financial LLC Sells 99 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Safeguard Financial LLC cut its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,447 shares of the semiconductor company’s stock after selling 99 shares during the period. Safeguard Financial LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $286,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of TSM. Private Client Services LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $201,000. Trust Co of the South boosted its stake 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 buying an additional 6,204 shares during the period. NRI Wealth Management LC acquired a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $1,545,000. HF Advisory Group LLC increased its stake in Taiwan Semiconductor Manufacturing by 55.5% during the 3rd quarter. HF Advisory Group LLC now owns 13,755 shares of the semiconductor company’s stock worth $2,389,000 after acquiring an additional 4,907 shares during the period. Finally, Impax Asset Management Group plc raised its holdings 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 acquiring an additional 6,664 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Up 0.1 %

TSM opened at $201.62 on Wednesday. The company has a market cap of $1.05 trillion, a P/E ratio of 32.31, a PEG ratio of 0.93 and a beta of 1.07. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The company’s 50 day moving average is $197.26 and its 200-day moving average is $183.79. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $100.00 and a 1-year high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. The business had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $22.72 billion. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

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

Analyst Ratings Changes

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

About Taiwan Semiconductor Manufacturing

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.