Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Holdings Trimmed by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC reduced its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,414 shares of the semiconductor company’s stock after selling 96 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $279,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ProShare Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 25.2% in the 2nd quarter. ProShare Advisors LLC now owns 1,935 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 390 shares in the last quarter. Regal Investment Advisors LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at about $579,000. Truist Financial Corp boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.3% during the second quarter. Truist Financial Corp now owns 490,197 shares of the semiconductor company’s stock worth $85,201,000 after purchasing an additional 29,084 shares during the period. Strategic Investment Solutions Inc. IL purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $136,000. Finally, Sanctuary Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at approximately $26,960,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $202.46 on Thursday. The stock has a market capitalization of $1.05 trillion, a P/E ratio of 28.76, a P/E/G ratio of 0.74 and a beta of 1.07. The business has a 50-day moving average of $201.42 and a two-hundred day moving average of $185.89. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $112.61 and a fifty-two week high of $226.40. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its 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 return on equity of 30.47% and a net margin of 40.51%. On average, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a $0.5484 dividend. This represents a $2.19 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Barclays raised their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock 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.