E. Ohman J or Asset Management AB Has $12.32 Million Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

E. Ohman J or Asset Management AB decreased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 16.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,395 shares of the semiconductor company’s stock after selling 12,262 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Taiwan Semiconductor Manufacturing were worth $12,322,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TSM. Mount Yale Investment Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 4.3% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock valued at $7,052,000 after buying an additional 1,476 shares during the last quarter. OLD National Bancorp IN lifted its stake in shares of Taiwan Semiconductor Manufacturing by 2.1% during the 4th quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock worth $22,357,000 after buying an additional 2,368 shares during the last quarter. Private Client Services LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $201,000. YHB Investment Advisors Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 6.9% in the 4th quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company’s stock valued at $7,954,000 after buying an additional 2,604 shares in the last quarter. Finally, Matthews International Capital Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 23.3% in the fourth quarter. Matthews International Capital Management LLC now owns 195,243 shares of the semiconductor company’s stock valued at $38,559,000 after acquiring an additional 36,845 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $199.96 on Tuesday. The firm’s 50-day moving average price is $202.44 and its 200-day moving average price is $186.43. The firm has a market capitalization of $1.04 trillion, a P/E ratio of 28.40, a P/E/G ratio of 0.69 and a beta of 1.06. 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 1-year low of $116.58 and a 1-year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results 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 net margin of 40.51% and a return on equity of 30.47%. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. The ex-dividend date is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.10%. Taiwan Semiconductor Manufacturing’s payout ratio is 27.27%.

Wall Street Analyst Weigh In

TSM has been the subject of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.