Kercheville Advisors LLC Purchases New Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Kercheville Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 1,600 shares of the semiconductor company’s stock, valued at approximately $316,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TSM. AMF Tjanstepension AB boosted its holdings in Taiwan Semiconductor Manufacturing by 4.8% during the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after purchasing an additional 70,057 shares in the last quarter. Fulton Bank N.A. boosted its holdings in Taiwan Semiconductor Manufacturing by 14.4% during the third quarter. Fulton Bank N.A. now owns 5,251 shares of the semiconductor company’s stock valued at $912,000 after purchasing an additional 660 shares in the last quarter. Versant Capital Management Inc boosted its holdings in Taiwan Semiconductor Manufacturing by 37.9% during the third quarter. Versant Capital Management Inc now owns 1,052 shares of the semiconductor company’s stock valued at $183,000 after purchasing an additional 289 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 1.7% during the third quarter. Dynamic Advisor Solutions LLC now owns 20,365 shares of the semiconductor company’s stock valued at $3,537,000 after purchasing an additional 339 shares in the last quarter. Finally, Park Place Capital Corp boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 55.8% in the 3rd quarter. Park Place Capital Corp now owns 880 shares of the semiconductor company’s stock worth $153,000 after acquiring an additional 315 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $208.53 on Thursday. The firm has a fifty day moving average of $203.15 and a two-hundred day moving average of $186.90. The stock has a market capitalization of $1.08 trillion, a price-to-earnings ratio of 29.62, a PEG ratio of 0.69 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $118.28 and a 52 week high of $226.40. 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 released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a $0.5484 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.05%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 27.27%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TSM. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Finally, Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Company 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.