Lion Street Advisors LLC Sells 456 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Lion Street Advisors LLC cut its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 17.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,154 shares of the semiconductor company’s stock after selling 456 shares during the quarter. Lion Street Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $425,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of TSM. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 14.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,350,576 shares of the semiconductor company’s stock valued at $252,778,000 after purchasing an additional 167,451 shares during the last quarter. WT Asset Management Ltd grew its position in Taiwan Semiconductor Manufacturing by 9.5% in the 4th quarter. WT Asset Management Ltd now owns 394,241 shares of the semiconductor company’s stock worth $77,859,000 after purchasing an additional 34,303 shares during the period. Lockheed Martin Investment Management Co. raised its stake in Taiwan Semiconductor Manufacturing by 18.7% during the 4th quarter. Lockheed Martin Investment Management Co. now owns 96,400 shares of the semiconductor company’s stock valued at $19,038,000 after buying an additional 15,200 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $2,243,000. Finally, Stratos Wealth Advisors LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 5.3% in the 4th quarter. Stratos Wealth Advisors LLC now owns 7,138 shares of the semiconductor company’s stock worth $1,410,000 after buying an additional 361 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TSM shares. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Finally, StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 2.2 %

Taiwan Semiconductor Manufacturing stock opened at $208.53 on Thursday. 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 12-month low of $118.28 and a 12-month high of $226.40. The firm has a market capitalization of $1.08 trillion, a price-to-earnings ratio of 29.62, a P/E/G ratio of 0.69 and a beta of 1.06. The firm has a 50 day moving average of $203.15 and a 200 day moving average of $186.90.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 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%. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.05%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.27%.

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.