Highline Wealth Partners LLC Has $235,000 Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Highline Wealth Partners LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 26.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,190 shares of the semiconductor company’s stock after buying an additional 247 shares during the period. Highline Wealth Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $235,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth about $211,000. Daiwa Securities Group Inc. raised its position in Taiwan Semiconductor Manufacturing by 3.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,548 shares of the semiconductor company’s stock worth $3,745,000 after purchasing an additional 801 shares during the last quarter. LPL Financial LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 40.8% during the 2nd quarter. LPL Financial LLC now owns 976,227 shares of the semiconductor company’s stock worth $169,678,000 after buying an additional 282,839 shares during the period. American Century Companies Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 2.9% in the 2nd quarter. American Century Companies Inc. now owns 4,519,925 shares of the semiconductor company’s stock valued at $785,608,000 after buying an additional 128,078 shares during the last quarter. Finally, Cibc World Market Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing by 5.3% in the second quarter. Cibc World Market Inc. now owns 994,351 shares of the semiconductor company’s stock valued at $172,828,000 after buying an additional 50,233 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Up 1.1 %

Shares of NYSE TSM traded up $2.30 during midday trading on Friday, hitting $209.42. 11,922,025 shares of the stock traded hands, compared to its average volume of 14,541,698. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $99.99 and a one year high of $222.20. The business has a 50 day moving average price of $196.64 and a two-hundred day moving average price of $182.95. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a market cap of $1.09 trillion, a PE ratio of 33.56, a P/E/G ratio of 0.93 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. The firm had revenue of $23.50 billion for the quarter, compared to analyst estimates of $22.72 billion. On average, equities analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 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 10th. Stockholders of record on Tuesday, March 18th will be issued a $0.5484 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 35.10%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Needham & Company LLC restated a “buy” rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Finally, StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.00.

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.