Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Purchased by Nilsine Partners LLC

Nilsine Partners LLC increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 26.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,749 shares of the semiconductor company’s stock after buying an additional 4,773 shares during the quarter. Nilsine Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $6,354,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 20.9% during the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock valued at $2,159,000 after purchasing an additional 1,892 shares during the period. Charles Schwab Investment Management Inc. purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at $908,000. Steward Partners Investment Advisory LLC lifted its stake in Taiwan Semiconductor Manufacturing by 34.2% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 77,987 shares of the semiconductor company’s stock worth $12,946,000 after acquiring an additional 19,889 shares in the last quarter. Freestone Capital Holdings LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 13.3% in the first quarter. Freestone Capital Holdings LLC now owns 4,352 shares of the semiconductor company’s stock worth $722,000 after purchasing an additional 512 shares in the last quarter. Finally, Brooklyn Investment Group boosted its stake in shares of Taiwan Semiconductor Manufacturing by 246.3% during the 1st quarter. Brooklyn Investment Group now owns 9,212 shares of the semiconductor company’s stock valued at $1,529,000 after buying an additional 6,552 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 1.5%

TSM stock opened at $287.79 on Tuesday. The company has a quick ratio of 2.47, a current ratio of 2.69 and a debt-to-equity ratio of 0.19. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $313.98. The company has a market cap of $1.49 trillion, a P/E ratio of 29.52, a PEG ratio of 1.00 and a beta of 1.31. The business has a fifty day moving average of $293.35 and a 200-day moving average of $257.82.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 34.34%. The company had revenue of $32.36 billion during the quarter, compared to analysts’ expectations of $951.89 billion. During the same quarter in the previous year, the company earned $1.94 EPS. Taiwan Semiconductor Manufacturing’s revenue was up 40.1% on a year-over-year basis. As a group, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Tuesday, March 17th will be issued a dividend of $0.9678 per share. This represents a $3.87 dividend on an annualized basis and a yield of 1.3%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, March 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 25.85%.

Analyst Upgrades and Downgrades

TSM has been the subject of several recent research reports. Sanford C. Bernstein boosted their price target on Taiwan Semiconductor Manufacturing from $290.00 to $330.00 and gave the company an “outperform” rating in a research note on Sunday, December 7th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday. Needham & Company LLC reiterated a “buy” rating and set a $360.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, October 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, December 8th. Finally, Itau BBA Securities assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an “outperform” rating on the stock. Seven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $355.00.

About Taiwan Semiconductor Manufacturing

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.