Winch Advisory Services LLC Buys 372 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Winch Advisory Services LLC grew its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 29.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,653 shares of the semiconductor company’s stock after acquiring an additional 372 shares during the period. Winch Advisory Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $326,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. FMR LLC grew its holdings in Taiwan Semiconductor Manufacturing by 7.2% during the third quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock valued at $9,721,138,000 after purchasing an additional 3,783,802 shares during the period. Fisher Asset Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company’s stock valued at $4,995,984,000 after buying an additional 359,854 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Taiwan Semiconductor Manufacturing by 0.7% during the 3rd quarter. Van ECK Associates Corp now owns 18,289,993 shares of the semiconductor company’s stock worth $3,176,423,000 after acquiring an additional 122,828 shares during the period. WCM Investment Management LLC increased its holdings in Taiwan Semiconductor Manufacturing by 14.1% in the 3rd quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company’s stock worth $1,733,104,000 after acquiring an additional 1,206,359 shares during the last quarter. Finally, Janus Henderson Group PLC raised its stake in Taiwan Semiconductor Manufacturing by 19.9% in the 3rd quarter. Janus Henderson Group PLC now owns 6,485,854 shares of the semiconductor company’s stock valued at $1,126,420,000 after acquiring an additional 1,075,425 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Up 2.7 %

Shares of NYSE:TSM opened at $206.93 on Thursday. The firm has a fifty day moving average price of $197.26 and a two-hundred day moving average price of $183.79. The company has a market cap of $1.07 trillion, a price-to-earnings ratio of 33.16, a PEG ratio of 0.76 and a beta of 1.07. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $100.00 and a one year high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a $0.5484 dividend. This represents a $2.19 annualized dividend and a dividend yield of 1.06%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 30.77%.

Wall Street Analysts Forecast Growth

TSM has been the subject of several recent research reports. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Finally, Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $217.00.

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.