Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Stock Position Decreased by LHM Inc.

LHM Inc. lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 50.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,122 shares of the semiconductor company’s stock after selling 7,123 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 0.4% of LHM Inc.’s portfolio, making the stock its 22nd largest holding. LHM Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,410,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TSM. Nisa Investment Advisors LLC boosted its stake in Taiwan Semiconductor Manufacturing by 5.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,817 shares of the semiconductor company’s stock valued at $317,000 after purchasing an additional 100 shares during the period. Forum Financial Management LP bought a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $225,000. Impax Asset Management Group plc raised its stake in shares of Taiwan Semiconductor Manufacturing by 33.7% in the 3rd quarter. Impax Asset Management Group plc now owns 26,418 shares of the semiconductor company’s stock worth $4,588,000 after buying an additional 6,664 shares in the last quarter. Crestwood Advisors Group LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 29.3% in the 3rd quarter. Crestwood Advisors Group LLC now owns 3,289 shares of the semiconductor company’s stock worth $571,000 after buying an additional 745 shares in the last quarter. Finally, Focused Wealth Management Inc bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth $87,000. Institutional investors own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TSM shares. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. 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, the company presently has a consensus rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $184.33 on Thursday. The business’s 50-day moving average price is $203.09 and its two-hundred day moving average price is $191.72. 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 Company Limited has a one year low of $125.78 and a one year high of $226.40. The company has a market capitalization of $956.03 billion, a P/E ratio of 26.18, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. This represents a $2.74 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 31.11%.

Taiwan Semiconductor Manufacturing Company 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.