2,713 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by Client 1ST Advisory Group LLC

Client 1ST Advisory Group LLC bought a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,713 shares of the semiconductor company’s stock, valued at approximately $536,000.

Several other large investors have also modified their holdings of the business. FMR LLC grew its position in Taiwan Semiconductor Manufacturing by 7.2% in the 3rd quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock valued at $9,721,138,000 after acquiring an additional 3,783,802 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 669.7% during the 2nd quarter. Clearbridge Investments LLC now owns 3,721,489 shares of the semiconductor company’s stock worth $646,832,000 after buying an additional 3,237,998 shares in the last quarter. 1832 Asset Management L.P. boosted its position in Taiwan Semiconductor Manufacturing by 1,226.7% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,983,830 shares of the semiconductor company’s stock valued at $344,809,000 after buying an additional 1,834,298 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 799.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,899,088 shares of the semiconductor company’s stock worth $329,815,000 after acquiring an additional 1,687,886 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth $229,098,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM opened at $211.52 on Monday. The firm has a fifty day moving average price of $198.02 and a 200 day moving average price of $184.51. The stock has a market cap of $1.10 trillion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $109.48 and a 1-year high of $222.20. 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 (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared 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 is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.04%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 30.77%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on TSM shares. Needham & Company LLC reissued a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday. Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Finally, StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday, November 17th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $220.00.

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.