One Wealth Advisors LLC Sells 605 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

One Wealth Advisors LLC decreased its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,494 shares of the semiconductor company’s stock after selling 605 shares during the quarter. One Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $3,455,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. AMF Tjanstepension AB raised its holdings in Taiwan Semiconductor Manufacturing by 4.8% in the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock worth $266,300,000 after acquiring an additional 70,057 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 18.7% in the 3rd quarter. Harbor Investment Advisory LLC now owns 2,388 shares of the semiconductor company’s stock worth $415,000 after purchasing an additional 377 shares in the last quarter. Burns J W & Co. Inc. NY purchased a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter worth $208,000. GAMMA Investing LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 16.2% during the third quarter. GAMMA Investing LLC now owns 6,332 shares of the semiconductor company’s stock valued at $1,100,000 after purchasing an additional 884 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV boosted its position in shares of Taiwan Semiconductor Manufacturing by 0.4% during the third quarter. Azzad Asset Management Inc. ADV now owns 14,166 shares of the semiconductor company’s stock valued at $2,460,000 after buying an additional 63 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

TSM has been the topic of several research analyst reports. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Needham & Company LLC restated a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $209.28 on Monday. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $112.61 and a 12-month high of $226.40. The firm has a market capitalization of $1.09 trillion, a price-to-earnings ratio of 29.73, a price-to-earnings-growth ratio of 0.69 and a beta of 1.06. The firm has a 50 day moving average of $202.44 and a 200 day moving average of $186.43.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 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, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. 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 dividend on an annualized basis and a dividend yield of 1.05%. Taiwan Semiconductor Manufacturing’s payout ratio is 27.27%.

Taiwan Semiconductor Manufacturing 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.