Jackson Hole Capital Partners LLC Has $4.53 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Jackson Hole Capital Partners LLC grew its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,939 shares of the semiconductor company’s stock after buying an additional 406 shares during the period. Jackson Hole Capital Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $4,530,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TSM. Stonebridge Financial Group LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth about $25,000. Roxbury Financial LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at approximately $29,000. Archer Investment Corp grew its holdings in Taiwan Semiconductor Manufacturing by 48.1% during the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 62 shares during the last quarter. Endeavor Private Wealth Inc. bought a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $40,000. Finally, Human Investing LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $41,000. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $176.58 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $125.78 and a twelve month high of $226.40. The firm has a market cap of $915.80 billion, a P/E ratio of 25.08, a PEG ratio of 0.66 and a beta of 1.13. The company has a 50 day moving average of $202.05 and a 200 day moving average of $191.76. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS 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%. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This represents a $2.74 annualized dividend and a dividend yield of 1.55%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 30.68%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Barclays upped their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and an average price target 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.