Capital Market Strategies LLC Boosts Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Capital Market Strategies LLC increased its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 8.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,311 shares of the semiconductor company’s stock after purchasing an additional 935 shares during the period. Taiwan Semiconductor Manufacturing accounts for 1.4% of Capital Market Strategies LLC’s portfolio, making the stock its 14th largest holding. Capital Market Strategies LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,431,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Silverleafe Capital Partners LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $893,000. Modus Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 4.2% in the 4th quarter. Modus Advisors LLC now owns 3,534 shares of the semiconductor company’s stock valued at $698,000 after buying an additional 144 shares during the period. NRI Wealth Management LC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth $1,545,000. GAMMA Investing LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 34.4% during the fourth quarter. GAMMA Investing LLC now owns 8,509 shares of the semiconductor company’s stock valued at $1,680,000 after purchasing an additional 2,177 shares in the last quarter. Finally, Trust Co of the South grew its stake in Taiwan Semiconductor Manufacturing by 232.8% in the fourth quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company’s stock valued at $1,752,000 after purchasing an additional 6,204 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM stock traded up $11.98 during trading hours on Monday, reaching $220.59. The company had a trading volume of 15,462,523 shares, compared to its average volume of 11,918,404. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $99.98 and a 12-month high of $221.84. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a market capitalization of $1.14 trillion, a price-to-earnings ratio of 35.35, a PEG ratio of 0.93 and a beta of 1.07. The stock has a fifty day moving average of $195.25 and a 200-day moving average of $182.03.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued 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 company had revenue of $23.50 billion during the quarter, compared to analyst estimates 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a yield of 0.99%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 35.10%.

Analyst Upgrades and Downgrades

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

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.