Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Capital Advisory Group Advisory Services LLC

Capital Advisory Group Advisory Services LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 21.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,389 shares of the semiconductor company’s stock after purchasing an additional 416 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $472,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth $25,000. Roxbury Financial LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $29,000. Archer Investment Corp increased its stake in Taiwan Semiconductor Manufacturing by 48.1% in the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 62 shares in the last quarter. Finally, Endeavor Private Wealth Inc. acquired a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $199.94 on Friday. The stock has a market cap of $1.04 trillion, a price-to-earnings ratio of 28.40, a PEG ratio of 0.66 and a beta of 1.06. The stock has a fifty day moving average price of $205.85 and a 200 day moving average price of $190.22. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $122.91 and a 1 year 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.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping 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%. Analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This represents a $2.74 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Analyst Ratings Changes

Several research firms have recently weighed in on TSM. Barclays boosted their price target 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. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday. Finally, StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.