Maia Wealth LLC Acquires 2,523 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Maia Wealth LLC lifted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 15.3% during the 3rd quarter, Holdings Channel reports. The firm owned 19,018 shares of the semiconductor company’s stock after buying an additional 2,523 shares during the quarter. Maia Wealth LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $3,303,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $25,000. Reston Wealth Management LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth about $25,000. Olistico Wealth LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $27,000. Valley Wealth Managers Inc. bought a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $27,000. Finally, NewSquare Capital LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $29,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 3.4 %

Shares of NYSE:TSM traded down $6.56 during mid-day trading on Wednesday, reaching $189.20. The stock had a trading volume of 5,907,033 shares, compared to its average volume of 15,433,496. The firm has a market cap of $981.27 billion, a PE ratio of 31.37, a price-to-earnings-growth ratio of 0.93 and a beta of 1.12. The firm has a 50 day simple moving average of $181.40 and a two-hundred day simple moving average of $169.18. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.23. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $91.60 and a twelve month high of $212.60.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be given a $0.4871 dividend. This represents a $1.95 dividend on an annualized basis and a dividend yield of 1.03%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Thursday, December 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 31.57%.

Wall Street Analyst Weigh In

TSM has been the topic of a number of research analyst reports. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Friday, November 1st. TD Cowen increased their price objective on shares of Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the stock a “hold” rating in a report on Thursday, July 18th. Needham & Company LLC restated a “buy” rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Finally, Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and an average price target of $209.00.

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.