GFS Advisors LLC Has $268,000 Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

GFS Advisors LLC lowered its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 16.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,355 shares of the semiconductor company’s stock after selling 262 shares during the quarter. GFS Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $268,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. FMR LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 7.2% in the 3rd quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock valued at $9,721,138,000 after purchasing an additional 3,783,802 shares during the period. Fisher Asset Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 1.3% in the third quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company’s stock valued at $4,995,984,000 after buying an additional 359,854 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Taiwan Semiconductor Manufacturing by 0.7% in the third quarter. Van ECK Associates Corp now owns 18,289,993 shares of the semiconductor company’s stock valued at $3,176,423,000 after buying an additional 122,828 shares during the period. WCM Investment Management LLC grew its position in Taiwan Semiconductor Manufacturing by 14.1% during the third quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company’s stock worth $1,733,104,000 after buying an additional 1,206,359 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in Taiwan Semiconductor Manufacturing by 19.9% during the 3rd quarter. Janus Henderson Group PLC now owns 6,485,854 shares of the semiconductor company’s stock worth $1,126,420,000 after acquiring an additional 1,075,425 shares during the period. Institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TSM. Needham & Company LLC reissued a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Barclays increased their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Finally, StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 0.5 %

TSM stock opened at $209.28 on Friday. The firm has a 50-day moving average price of $202.06 and a 200-day moving average price of $186.16. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $112.61 and a 12 month high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.09 trillion, a P/E ratio of 29.73, a price-to-earnings-growth ratio of 0.67 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be given a $0.5484 dividend. The ex-dividend date is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.05%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.27%.

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.