Advisory Resource Group Lowers Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Advisory Resource Group decreased its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,213 shares of the semiconductor company’s stock after selling 771 shares during the period. Advisory Resource Group’s holdings in Taiwan Semiconductor Manufacturing were worth $1,424,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of TSM. AMF Tjanstepension AB increased its holdings in Taiwan Semiconductor Manufacturing by 4.8% in the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after acquiring an additional 70,057 shares during the last quarter. Brookstone Capital Management increased its holdings in Taiwan Semiconductor Manufacturing by 1.8% in the 3rd quarter. Brookstone Capital Management now owns 8,694 shares of the semiconductor company’s stock valued at $1,510,000 after acquiring an additional 156 shares during the last quarter. CWM LLC increased its holdings in Taiwan Semiconductor Manufacturing by 7.6% in the 3rd quarter. CWM LLC now owns 29,651 shares of the semiconductor company’s stock valued at $5,149,000 after acquiring an additional 2,097 shares during the last quarter. Quotient Wealth Partners LLC increased its holdings in Taiwan Semiconductor Manufacturing by 9.1% in the 3rd quarter. Quotient Wealth Partners LLC now owns 1,564 shares of the semiconductor company’s stock valued at $272,000 after acquiring an additional 131 shares during the last quarter. Finally, Clarius Group LLC increased its holdings in Taiwan Semiconductor Manufacturing by 4.5% in the 3rd quarter. Clarius Group LLC now owns 4,051 shares of the semiconductor company’s stock valued at $704,000 after acquiring an additional 175 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $206.25 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $122.91 and a 12 month high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average price of $204.71 and a 200 day moving average price of $187.47. The stock has a market cap of $1.07 trillion, a PE ratio of 29.30, a P/E/G ratio of 0.70 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates 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 research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. The ex-dividend date is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.06%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 27.27%.

Analyst Ratings Changes

A number of brokerages have issued reports on TSM. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Finally, Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two 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 target price of $220.00.

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.