Comprehensive Financial Planning Inc. PA Invests $138,000 in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Comprehensive Financial Planning Inc. PA purchased a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 700 shares of the semiconductor company’s stock, valued at approximately $138,000.

A number of other hedge funds have also modified their holdings of the company. AMF Tjanstepension AB grew its holdings in shares of Taiwan Semiconductor Manufacturing by 4.8% in the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after buying an additional 70,057 shares during the period. CWM LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 7.6% during the third quarter. CWM LLC now owns 29,651 shares of the semiconductor company’s stock worth $5,149,000 after acquiring an additional 2,097 shares in the last quarter. Perfromance Wealth Partners LLC grew its stake in Taiwan Semiconductor Manufacturing by 12.6% in the third quarter. Perfromance Wealth Partners LLC now owns 1,308 shares of the semiconductor company’s stock valued at $227,000 after acquiring an additional 146 shares during the period. Silverlake Wealth Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 3.3% in the third quarter. Silverlake Wealth Management LLC now owns 2,457 shares of the semiconductor company’s stock worth $427,000 after acquiring an additional 79 shares in the last quarter. Finally, Westend Capital Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 0.7% during the third quarter. Westend Capital Management LLC now owns 39,112 shares of the semiconductor company’s stock worth $6,793,000 after purchasing an additional 267 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM opened at $206.25 on Monday. The company has a 50 day moving average of $204.71 and a 200-day moving average of $187.59. 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 stock has a market capitalization of $1.07 trillion, a P/E ratio of 29.30, a P/E/G ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $122.91 and a twelve month high of $226.40.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared 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. The ex-dividend date is Tuesday, March 18th. 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 1.06%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.27%.

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.