Crestwood Advisors Group LLC Buys 1,519 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Crestwood Advisors Group LLC grew its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 46.2% during the 4th quarter, HoldingsChannel reports. The firm owned 4,808 shares of the semiconductor company’s stock after acquiring an additional 1,519 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $950,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. J. W. Coons Advisors LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $615,000. Hardman Johnston Global Advisors LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 7.6% in the 4th quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company’s stock valued at $75,329,000 after purchasing an additional 26,847 shares during the period. Waverton Investment Management Ltd grew its position in Taiwan Semiconductor Manufacturing by 10.7% during the 4th quarter. Waverton Investment Management Ltd now owns 873,964 shares of the semiconductor company’s stock worth $172,682,000 after acquiring an additional 84,415 shares during the last quarter. Birchcreek Wealth Management LLC grew its position in Taiwan Semiconductor Manufacturing by 11.2% during the 4th quarter. Birchcreek Wealth Management LLC now owns 1,852 shares of the semiconductor company’s stock worth $366,000 after acquiring an additional 187 shares during the last quarter. Finally, World Equity Group Inc. grew its position in Taiwan Semiconductor Manufacturing by 109.8% during the 4th quarter. World Equity Group Inc. now owns 5,988 shares of the semiconductor company’s stock worth $1,183,000 after acquiring an additional 3,134 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 1.2 %

NYSE:TSM opened at $189.36 on Wednesday. The stock’s fifty day moving average price is $205.36 and its two-hundred day moving average price is $191.41. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $125.78 and a 52-week high of $226.40. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a market cap of $982.12 billion, a price-to-earnings ratio of 26.90, a P/E/G ratio of 0.66 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (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%. On average, analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. 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. This represents a $2.74 annualized dividend and a yield of 1.45%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 31.11%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Needham & Company LLC restated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Barclays increased their price target 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. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing 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.