Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Position Raised by Bard Financial Services Inc.

Bard Financial Services Inc. grew its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMFree Report) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,688 shares of the semiconductor company’s stock after purchasing an additional 450 shares during the quarter. Bard Financial Services Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $2,672,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TSM. Mather Group LLC. raised its holdings in Taiwan Semiconductor Manufacturing by 2.0% during the fourth quarter. Mather Group LLC. now owns 4,819 shares of the semiconductor company’s stock worth $501,000 after acquiring an additional 96 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 2.3% in the fourth quarter. Benjamin Edwards Inc. now owns 4,239 shares of the semiconductor company’s stock valued at $441,000 after buying an additional 96 shares in the last quarter. Intrinsic Value Partners LLC lifted its stake in Taiwan Semiconductor Manufacturing by 0.4% in the fourth quarter. Intrinsic Value Partners LLC now owns 24,903 shares of the semiconductor company’s stock valued at $2,590,000 after acquiring an additional 100 shares during the last quarter. Atlas Private Wealth Advisors lifted its stake in Taiwan Semiconductor Manufacturing by 3.3% in the fourth quarter. Atlas Private Wealth Advisors now owns 3,288 shares of the semiconductor company’s stock valued at $342,000 after acquiring an additional 104 shares during the last quarter. Finally, Advisory Resource Group increased its stake in shares of Taiwan Semiconductor Manufacturing by 1.3% during the 4th quarter. Advisory Resource Group now owns 8,523 shares of the semiconductor company’s stock worth $886,000 after purchasing an additional 108 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TSM shares. TD Cowen lifted their target price on Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the stock a “hold” rating in a research note on Thursday, April 18th. Susquehanna raised their target price on shares of Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the stock a “positive” rating in a research note on Tuesday, April 2nd. Barclays upped their price target on shares of Taiwan Semiconductor Manufacturing from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Friday, April 19th. Needham & Company LLC restated a “buy” rating and set a $168.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 18th. Finally, StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $157.00.

View Our Latest Analysis on Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM traded up $1.91 during trading hours on Monday, reaching $153.59. 9,250,140 shares of the company were exchanged, compared to its average volume of 15,062,265. The company has a market capitalization of $796.58 billion, a P/E ratio of 29.19, a P/E/G ratio of 1.09 and a beta of 1.13. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.39 and a quick ratio of 2.13. The business has a 50 day moving average of $140.47 and a 200 day moving average of $120.77. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $84.01 and a 1-year high of $158.40.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last issued its quarterly earnings data on Thursday, April 18th. The semiconductor company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.29 by $0.09. The business had revenue of $18.87 billion during the quarter, compared to the consensus estimate of $18.38 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.15% and a return on equity of 24.75%. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be issued a $0.4865 dividend. This represents a $1.95 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.44. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 32.76%.

Taiwan Semiconductor Manufacturing Profile

(Free Report)

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.

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

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