1,360 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Purchased by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors purchased a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,360 shares of the semiconductor company’s stock, valued at approximately $236,000.

Other institutional investors have also recently bought and sold shares of the company. BOKF NA increased its stake in Taiwan Semiconductor Manufacturing by 4.8% in the 1st quarter. BOKF NA now owns 1,762 shares of the semiconductor company’s stock worth $249,000 after purchasing an additional 81 shares in the last quarter. Cetera Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 80.7% in the 1st quarter. Cetera Advisors LLC now owns 79,291 shares of the semiconductor company’s stock worth $10,787,000 after purchasing an additional 35,404 shares in the last quarter. ProShare Advisors LLC purchased a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth about $210,000. Empowered Funds LLC increased its stake in Taiwan Semiconductor Manufacturing by 53.8% in the 1st quarter. Empowered Funds LLC now owns 20,849 shares of the semiconductor company’s stock worth $2,837,000 after purchasing an additional 7,293 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth about $437,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TSM shares. Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. TD Cowen lifted their target price on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a research note on Thursday, July 18th. Needham & Company LLC reaffirmed a “buy” rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, October 17th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $209.00.

Taiwan Semiconductor Manufacturing Trading Up 1.2 %

Shares of NYSE TSM opened at $197.08 on Wednesday. The stock has a market cap of $1.02 trillion, a price-to-earnings ratio of 37.54, a PEG ratio of 0.98 and a beta of 1.14. The business has a 50 day simple moving average of $179.08 and a 200 day simple moving average of $167.16. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $84.95 and a 52 week high of $212.60. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.21 and a current ratio of 2.47.

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 paid a $0.4871 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Thursday, December 12th. This represents a $1.95 annualized dividend and a dividend yield of 0.99%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 36.95%.

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.