Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC lifted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,614 shares of the semiconductor company’s stock after acquiring an additional 52 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $319,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Annex Advisory Services LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 10.8% in the fourth quarter. Annex Advisory Services LLC now owns 53,150 shares of the semiconductor company’s stock valued at $10,497,000 after acquiring an additional 5,184 shares during the period. Client 1ST Advisory Group LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at approximately $536,000. Artemis Investment Management LLP lifted its stake in shares of Taiwan Semiconductor Manufacturing by 47.8% in the 4th quarter. Artemis Investment Management LLP now owns 98,221 shares of the semiconductor company’s stock valued at $19,398,000 after purchasing an additional 31,780 shares during the period. HF Advisory Group LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 6.4% during the fourth quarter. HF Advisory Group LLC now owns 14,635 shares of the semiconductor company’s stock worth $2,890,000 after buying an additional 880 shares in the last quarter. Finally, Aaron Wealth Advisors LLC grew its position in Taiwan Semiconductor Manufacturing by 28.6% during the fourth quarter. Aaron Wealth Advisors LLC now owns 16,910 shares of the semiconductor company’s stock valued at $3,340,000 after buying an additional 3,757 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TSM. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday. Finally, StockNews.com upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $211.52 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $109.48 and a 1-year high of $222.20. The company has a market cap of $1.10 trillion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The stock’s 50 day simple moving average is $198.02 and its 200-day simple moving average is $184.52.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be issued a $0.5484 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a yield of 1.04%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 30.77%.

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.