Hunter Perkins Capital Management LLC Sells 1,165 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Hunter Perkins Capital Management LLC lessened its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,245 shares of the semiconductor company’s stock after selling 1,165 shares during the quarter. Hunter Perkins Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $4,995,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. KBC Group NV boosted its stake in Taiwan Semiconductor Manufacturing by 144.5% in the 4th quarter. KBC Group NV now owns 69,872 shares of the semiconductor company’s stock worth $13,799,000 after purchasing an additional 41,300 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth about $91,830,000. Capital Asset Advisory Services LLC grew its stake in Taiwan Semiconductor Manufacturing by 9.1% during the 4th quarter. Capital Asset Advisory Services LLC now owns 2,032 shares of the semiconductor company’s stock valued at $424,000 after purchasing an additional 169 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 24.8% in the fourth quarter. Blue Trust Inc. now owns 76,896 shares of the semiconductor company’s stock worth $15,186,000 after purchasing an additional 15,288 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 10,545 shares of the semiconductor company’s stock worth $2,083,000 after purchasing an additional 638 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 1.3 %

TSM stock opened at $221.73 on Monday. 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 Company Limited has a 52-week low of $112.61 and a 52-week high of $226.40. The company’s 50-day simple moving average is $201.07 and its 200-day simple moving average is $185.72. The firm has a market cap of $1.15 trillion, a P/E ratio of 31.50, a PEG ratio of 0.74 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data 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%. As a group, equities 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 announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be given a $0.5484 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 0.99%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TSM. StockNews.com upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Monday, January 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Barclays boosted their price objective 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, Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and a consensus 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.