HF Advisory Group LLC Boosts Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

HF Advisory Group LLC lifted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,635 shares of the semiconductor company’s stock after purchasing an additional 880 shares during the period. Taiwan Semiconductor Manufacturing comprises 1.3% of HF Advisory Group LLC’s holdings, making the stock its 19th biggest position. HF Advisory Group LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TSM. ProVise Management Group LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 5.3% during the second quarter. ProVise Management Group LLC now owns 1,769 shares of the semiconductor company’s stock valued at $307,000 after buying an additional 89 shares during the last quarter. Brighton Jones LLC lifted its position in Taiwan Semiconductor Manufacturing by 12.3% during the second quarter. Brighton Jones LLC now owns 7,722 shares of the semiconductor company’s stock valued at $1,342,000 after acquiring an additional 845 shares during the last quarter. Ieq Capital LLC boosted its stake in Taiwan Semiconductor Manufacturing by 31.5% in the second quarter. Ieq Capital LLC now owns 16,040 shares of the semiconductor company’s stock valued at $2,788,000 after acquiring an additional 3,843 shares in the last quarter. King Luther Capital Management Corp grew its holdings in Taiwan Semiconductor Manufacturing by 4.7% in the second quarter. King Luther Capital Management Corp now owns 6,812 shares of the semiconductor company’s stock worth $1,184,000 after purchasing an additional 308 shares during the last quarter. Finally, AE Wealth Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 10.1% during the second quarter. AE Wealth Management LLC now owns 14,481 shares of the semiconductor company’s stock worth $2,517,000 after purchasing an additional 1,328 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $211.52 on Friday. The firm’s fifty day moving average is $198.02 and its two-hundred day moving average is $184.44. The firm has a market cap of $1.10 trillion, a price-to-earnings ratio of 33.90, a PEG ratio of 0.76 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $109.48 and a one year high of $222.20. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. The ex-dividend date is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a yield of 1.04%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 30.77%.

Wall Street Analyst Weigh In

TSM has been the subject of a number of recent analyst reports. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Barclays lifted their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Needham & Company LLC restated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $220.00.

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.