Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Bought by Level Four Advisory Services LLC

Level Four Advisory Services LLC increased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,645 shares of the semiconductor company’s stock after buying an additional 142 shares during the quarter. Level Four Advisory Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,510,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Cynosure Group LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $241,000. Blueshift Asset Management LLC acquired a new position in Taiwan Semiconductor Manufacturing in the third quarter worth approximately $206,000. CreativeOne Wealth LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 29.0% in the third quarter. CreativeOne Wealth LLC now owns 5,323 shares of the semiconductor company’s stock valued at $925,000 after buying an additional 1,198 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Taiwan Semiconductor Manufacturing by 211.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 46,005 shares of the semiconductor company’s stock valued at $7,990,000 after acquiring an additional 31,231 shares during the last quarter. Finally, Fiduciary Trust Co boosted its stake in shares of Taiwan Semiconductor Manufacturing by 63.9% during the 3rd quarter. Fiduciary Trust Co now owns 4,157 shares of the semiconductor company’s stock worth $722,000 after acquiring an additional 1,621 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 1.4 %

NYSE:TSM opened at $165.82 on Friday. The business’s fifty day moving average price is $192.35 and its 200 day moving average price is $192.55. The firm has a market capitalization of $860.00 billion, a price-to-earnings ratio of 23.55, a PEG ratio of 0.66 and a beta of 1.13. 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 $125.78 and a 1-year high of $226.40.

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 return on equity of 30.47% and a net margin of 40.51%. On average, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. The ex-dividend date is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.65%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 30.68%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TSM. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Barclays upped their price objective 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. Finally, Needham & Company LLC reissued a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $220.00.

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.