Strategic Investment Solutions Inc. IL Reduces Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Strategic Investment Solutions Inc. IL reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 79.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 204 shares of the semiconductor company’s stock after selling 800 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in Taiwan Semiconductor Manufacturing were worth $40,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TSM. Mount Yale Investment Advisors LLC grew its holdings 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 in the last quarter. McHugh Group LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $605,000. OLD National Bancorp IN increased its position in Taiwan Semiconductor Manufacturing by 2.1% during the fourth quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock worth $22,357,000 after purchasing an additional 2,368 shares during the last quarter. Guardian Partners Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $9,222,000. Finally, Hardman Johnston Global Advisors LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 7.6% in the 4th quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company’s stock valued at $75,329,000 after purchasing an additional 26,847 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Trading Up 0.1 %

TSM opened at $151.86 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The firm has a market cap of $787.61 billion, a P/E ratio of 21.57, a P/E/G ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40. The business has a fifty day simple moving average of $174.87 and a 200-day simple moving average of $190.12.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating 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, equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 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, July 10th. Investors of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a yield of 1.81%. The ex-dividend date is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 30.68%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday. Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Susquehanna lowered their price target on Taiwan Semiconductor Manufacturing from $265.00 to $250.00 and set a “positive” rating for the company in a report on Thursday. Finally, StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Two equities 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, Taiwan Semiconductor Manufacturing 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.