Trust Co. of Toledo NA OH Makes New $276,000 Investment in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Trust Co. of Toledo NA OH purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,399 shares of the semiconductor company’s stock, valued at approximately $276,000.

A number of other large investors have also recently bought and sold shares of TSM. BOKF NA boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 17.4% in the 2nd quarter. BOKF NA now owns 2,068 shares of the semiconductor company’s stock valued at $359,000 after buying an additional 306 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 26.6% in the 2nd quarter. Wealthspire Advisors LLC now owns 5,272 shares of the semiconductor company’s stock valued at $916,000 after buying an additional 1,107 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 25.8% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 6,889 shares of the semiconductor company’s stock valued at $1,197,000 after buying an additional 1,412 shares during the last quarter. Greenwich Wealth Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.9% in the 2nd quarter. Greenwich Wealth Management LLC now owns 7,675 shares of the semiconductor company’s stock valued at $1,334,000 after buying an additional 145 shares during the last quarter. Finally, Angeles Investment Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 37.8% in the 2nd quarter. Angeles Investment Advisors LLC now owns 9,518 shares of the semiconductor company’s stock valued at $1,656,000 after buying an additional 2,611 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 3.3 %

TSM stock opened at $201.55 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. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 32.30, a PEG ratio of 0.93 and a beta of 1.07. The business’s fifty day moving average price is $197.14 and its two-hundred day moving average price is $183.60. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $100.00 and a fifty-two week high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.20. The firm had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.09%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 35.10%.

Analysts Set New Price Targets

Several research firms have recently commented on TSM. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Barclays raised their price target on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $210.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, October 17th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of “Moderate Buy” and an average target price of $214.00.

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.