Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,287 shares of the semiconductor company’s stock after purchasing an additional 893 shares during the quarter. Harbour Investments Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $2,032,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Stonebridge Financial Group LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $25,000. Hopwood Financial Services Inc. acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $27,000. Roxbury Financial LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $29,000. Endeavor Private Wealth Inc. acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $40,000. Finally, Human Investing LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $41,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on TSM shares. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Barclays boosted their price objective 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. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 1.3 %

Shares of NYSE TSM opened at $176.36 on Tuesday. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $125.78 and a 12 month high of $226.40. The company has a market cap of $914.67 billion, a price-to-earnings ratio of 25.05, a P/E/G ratio of 0.66 and a beta of 1.13. 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 business has a fifty day simple moving average of $198.35 and a 200-day simple moving average of $192.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating 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%. Sell-side 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 announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This represents a $2.74 annualized dividend and a dividend yield of 1.55%. This is an increase 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%.

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.