Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Pathstone Holdings LLC

Pathstone Holdings LLC boosted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 160,929 shares of the semiconductor company’s stock after buying an additional 3,738 shares during the quarter. Pathstone Holdings LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $31,809,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in TSM. Trust Co. of Toledo NA OH acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $276,000. Wedmont Private Capital increased its holdings in shares of Taiwan Semiconductor Manufacturing by 22.9% during the 4th quarter. Wedmont Private Capital now owns 7,725 shares of the semiconductor company’s stock worth $1,610,000 after purchasing an additional 1,441 shares during the period. Claro Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 39.2% during the 4th quarter. Claro Advisors LLC now owns 3,989 shares of the semiconductor company’s stock worth $788,000 after purchasing an additional 1,124 shares during the period. Miracle Mile Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 53.8% in the fourth quarter. Miracle Mile Advisors LLC now owns 3,006 shares of the semiconductor company’s stock valued at $594,000 after acquiring an additional 1,052 shares during the period. Finally, FNY Investment Advisers LLC increased its stake in Taiwan Semiconductor Manufacturing by 194.2% in the fourth quarter. FNY Investment Advisers LLC now owns 16,115 shares of the semiconductor company’s stock valued at $3,182,000 after acquiring an additional 10,637 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Needham & Company LLC restated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. Barclays reaffirmed a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Finally, Susquehanna reissued a “positive” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $212.00.

Taiwan Semiconductor Manufacturing Stock Up 3.8%

Taiwan Semiconductor Manufacturing stock opened at $194.00 on Wednesday. The company has a market cap of $1.01 trillion, a P/E ratio of 27.56, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. 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 has a fifty day simple moving average of $166.14 and a 200 day simple moving average of $187.43. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $133.57 and a 1-year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. The firm had revenue of $25.82 billion during the quarter, compared to analysts’ expectations of $834.10 billion. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a yield of 1.41%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.76%.

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.