Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Holdings Lifted by Wealthsource Partners LLC

Wealthsource Partners LLC lifted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMGet Rating) by 304.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,191 shares of the semiconductor company’s stock after acquiring an additional 9,180 shares during the period. Wealthsource Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,271,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Regal Investment Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 3.9% in the 4th quarter. Regal Investment Advisors LLC now owns 2,389 shares of the semiconductor company’s stock valued at $287,000 after buying an additional 89 shares in the last quarter. Girard Partners LTD. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 3.3% in the 4th quarter. Girard Partners LTD. now owns 2,790 shares of the semiconductor company’s stock worth $335,000 after purchasing an additional 90 shares during the last quarter. WP Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 1.7% in the 4th quarter. WP Advisors LLC now owns 6,019 shares of the semiconductor company’s stock worth $724,000 after purchasing an additional 100 shares during the last quarter. Fiduciary Trust Co. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 5.1% in the 4th quarter. Fiduciary Trust Co. now owns 2,070 shares of the semiconductor company’s stock worth $249,000 after purchasing an additional 100 shares during the last quarter. Finally, Clarus Group Inc. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 3.2% in the 4th quarter. Clarus Group Inc. now owns 3,289 shares of the semiconductor company’s stock worth $385,000 after purchasing an additional 101 shares during the last quarter.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM opened at $89.77 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.09 and a quick ratio of 1.85. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $73.74 and a 12 month high of $145.00. The company’s 50-day moving average price is $86.15 and its two-hundred day moving average price is $98.79.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Rating) last released its earnings results on Thursday, July 14th. The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.05. Taiwan Semiconductor Manufacturing had a net margin of 40.53% and a return on equity of 34.31%. The company had revenue of $18.16 billion for the quarter, compared to the consensus estimate of $18.68 billion. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.3 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Friday, September 16th will be given a dividend of $0.4625 per share. The ex-dividend date of this dividend is Thursday, September 15th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. This represents a $1.85 dividend on an annualized basis and a yield of 2.06%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 28.19%.

Wall Street Analyst Weigh In

TSM has been the topic of several analyst reports. Susquehanna lowered their target price on shares of Taiwan Semiconductor Manufacturing from $90.00 to $88.00 and set a “neutral” rating on the stock in a report on Thursday, July 14th. Susquehanna Bancshares lowered their target price on shares of Taiwan Semiconductor Manufacturing from $90.00 to $88.00 and set a “neutral” rating on the stock in a report on Thursday, July 14th. lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Thursday, April 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 14th. Finally, Cowen set a $100.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, July 19th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $120.14.

Taiwan Semiconductor Manufacturing Company Profile

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Taiwan Semiconductor Manufacturing Company Limited 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 complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors.

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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