Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by RDA Financial Network

RDA Financial Network increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 11.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,390 shares of the semiconductor company’s stock after acquiring an additional 1,207 shares during the period. RDA Financial Network’s holdings in Taiwan Semiconductor Manufacturing were worth $2,249,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Channel Wealth LLC increased its holdings in Taiwan Semiconductor Manufacturing by 3.9% in the 4th quarter. Channel Wealth LLC now owns 2,240 shares of the semiconductor company’s stock worth $442,000 after acquiring an additional 85 shares in the last quarter. Empirical Asset Management LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 979.4% during the fourth quarter. Empirical Asset Management LLC now owns 113,539 shares of the semiconductor company’s stock valued at $22,423,000 after purchasing an additional 103,020 shares in the last quarter. Central Valley Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 29.5% in the fourth quarter. Central Valley Advisors LLC now owns 2,390 shares of the semiconductor company’s stock valued at $472,000 after purchasing an additional 545 shares during the period. Cypress Wealth Services LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 11.4% during the fourth quarter. Cypress Wealth Services LLC now owns 1,966 shares of the semiconductor company’s stock worth $388,000 after purchasing an additional 201 shares in the last quarter. Finally, JGP Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 29.0% during the 4th quarter. JGP Wealth Management LLC now owns 3,083 shares of the semiconductor company’s stock worth $609,000 after purchasing an additional 694 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $215.06 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $100.00 and a 1 year high of $222.20. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The firm has a market capitalization of $1.12 trillion, a PE ratio of 34.46, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The business has a 50 day simple moving average of $197.53 and a 200-day simple moving average of $183.96.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) 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%. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 earnings per share for the current fiscal 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 dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.02%. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.77%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TSM. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $217.00.

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.