Werba Rubin Papier Wealth Management Sells 124 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Werba Rubin Papier Wealth Management trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 7.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,488 shares of the semiconductor company’s stock after selling 124 shares during the period. Werba Rubin Papier Wealth Management’s holdings in Taiwan Semiconductor Manufacturing were worth $294,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Laidlaw Wealth Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 4.8% in the 4th quarter. Laidlaw Wealth Management LLC now owns 1,444 shares of the semiconductor company’s stock worth $285,000 after purchasing an additional 66 shares in the last quarter. Lyell Wealth Management LP lifted its stake in shares of Taiwan Semiconductor Manufacturing by 2.3% in the fourth quarter. Lyell Wealth Management LP now owns 61,953 shares of the semiconductor company’s stock worth $12,235,000 after buying an additional 1,406 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 28.8% during the fourth quarter. Global Retirement Partners LLC now owns 26,917 shares of the semiconductor company’s stock valued at $5,316,000 after buying an additional 6,023 shares during the last quarter. Plan Group Financial LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 3.7% during the fourth quarter. Plan Group Financial LLC now owns 2,126 shares of the semiconductor company’s stock valued at $420,000 after acquiring an additional 75 shares in the last quarter. Finally, Atlas Legacy Advisors LLC purchased a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $245,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

TSM has been the subject of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Finally, Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 0.7 %

Taiwan Semiconductor Manufacturing stock opened at $202.49 on Wednesday. The business has a 50-day simple moving average of $205.56 and a two-hundred day simple moving average of $190.07. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $122.91 and a 52-week high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The company has a market cap of $1.05 trillion, a P/E ratio of 28.76, a P/E/G ratio of 0.67 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a $0.6855 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a yield of 1.35%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 27.27%.

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.