Calamos Wealth Management LLC Buys 229 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Calamos Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.8% in the fourth quarter, HoldingsChannel reports. The fund owned 27,536 shares of the semiconductor company’s stock after acquiring an additional 229 shares during the period. Calamos Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $5,438,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Patron Partners LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $235,000. abrdn plc boosted its position in shares of Taiwan Semiconductor Manufacturing by 47.6% during the fourth quarter. abrdn plc now owns 353,810 shares of the semiconductor company’s stock valued at $70,505,000 after buying an additional 114,068 shares during the last quarter. Trust Point Inc. increased its stake in Taiwan Semiconductor Manufacturing by 41.0% in the 4th quarter. Trust Point Inc. now owns 9,337 shares of the semiconductor company’s stock valued at $1,844,000 after buying an additional 2,713 shares during the last quarter. Alliance Wealth Advisors LLC UT raised its stake in shares of Taiwan Semiconductor Manufacturing by 21.7% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 2,655 shares of the semiconductor company’s stock worth $524,000 after purchasing an additional 473 shares during the period. Finally, Financial Life Planners purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $62,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM opened at $199.96 on Tuesday. 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 1 year low of $116.58 and a 1 year high of $226.40. The company has a market cap of $1.04 trillion, a price-to-earnings ratio of 28.40, a PEG ratio of 0.69 and a beta of 1.06. The stock’s fifty day moving average price is $202.44 and its 200 day moving average price is $186.43.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted 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 net margin of 40.51% and a return on equity of 30.47%. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm 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 dividend of $0.5484 per share. The ex-dividend date is Tuesday, March 18th. This is a positive change 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 1.10%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on TSM shares. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Barclays raised 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. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently 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.