Dakota Wealth Management Has $3.43 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Dakota Wealth Management grew its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 99.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 17,357 shares of the semiconductor company’s stock after buying an additional 8,654 shares during the period. Dakota Wealth Management’s holdings in Taiwan Semiconductor Manufacturing were worth $3,428,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Private Client Services LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $201,000. Trust Co of the South raised 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 purchasing an additional 6,204 shares in the last quarter. Headwater Capital Co Ltd bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth $49,372,000. NRI Wealth Management LC acquired a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter worth $1,545,000. Finally, FNY Investment Advisers LLC increased its holdings in Taiwan Semiconductor Manufacturing by 194.2% in the 4th quarter. FNY Investment Advisers LLC now owns 16,115 shares of the semiconductor company’s stock valued at $3,182,000 after buying an additional 10,637 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $223.33 on Thursday. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $112.61 and a 1-year high of $225.43. The company has a 50 day moving average of $198.90 and a 200-day moving average of $184.97. 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 firm has a market cap of $1.16 trillion, a price-to-earnings ratio of 31.72, a PEG ratio of 0.72 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. On average, equities analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business 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 dividend of $0.5484 per share. 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 0.98%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.27%.

Analyst Ratings Changes

TSM has been the topic of several recent research reports. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Monday. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and an average target price 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.