FSC Wealth Advisors LLC Invests $58,000 in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

FSC Wealth Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 293 shares of the semiconductor company’s stock, valued at approximately $58,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Greenup Street Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $5,659,000. BankPlus Wealth Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $460,000. Bay Rivers Group lifted its position in Taiwan Semiconductor Manufacturing by 14.5% during the 4th quarter. Bay Rivers Group now owns 1,579 shares of the semiconductor company’s stock valued at $312,000 after acquiring an additional 200 shares during the period. Matthews International Capital Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 23.3% during the fourth quarter. Matthews International Capital Management LLC now owns 195,243 shares of the semiconductor company’s stock worth $38,559,000 after acquiring an additional 36,845 shares in the last quarter. Finally, JDH Wealth Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $216,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TSM has been the subject of several recent research reports. Barclays lifted their target price on shares of 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 report on Tuesday. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. 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 data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 13.1 %

TSM stock opened at $192.72 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 $112.61 and a 1-year high of $226.40. The stock has a market capitalization of $999.52 billion, a P/E ratio of 27.38, a P/E/G ratio of 0.74 and a beta of 1.07. The business has a fifty day moving average price of $201.07 and a 200-day moving average price of $185.72.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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 analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 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, April 10th. Investors of record on Tuesday, March 18th will be issued a $0.5484 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.14%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.27%.

Taiwan Semiconductor Manufacturing Company 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.