Kathmere Capital Management LLC Boosts Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Kathmere Capital Management LLC grew its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,719 shares of the semiconductor company’s stock after buying an additional 965 shares during the period. Kathmere Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,117,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. BOKF NA lifted its position in shares of Taiwan Semiconductor Manufacturing by 17.4% in the 2nd quarter. BOKF NA now owns 2,068 shares of the semiconductor company’s stock worth $359,000 after buying an additional 306 shares during the last quarter. One Capital Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth about $5,140,000. Mesirow Financial Investment Management Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 12.9% in the second quarter. Mesirow Financial Investment Management Inc. now owns 14,087 shares of the semiconductor company’s stock worth $2,455,000 after acquiring an additional 1,605 shares during the last quarter. WealthPLAN Partners LLC acquired a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $250,000. Finally, Moors & Cabot Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 18.4% in the second quarter. Moors & Cabot Inc. now owns 27,321 shares of the semiconductor company’s stock valued at $4,749,000 after acquiring an additional 4,245 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on TSM shares. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday, November 17th. Needham & Company LLC restated a “buy” rating and issued a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Finally, Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Moderate Buy” and an average target price of $214.00.

Taiwan Semiconductor Manufacturing Stock Up 0.1 %

Shares of TSM stock opened at $201.62 on Wednesday. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $100.00 and a 1 year high of $222.20. 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 business’s fifty day moving average is $197.26 and its 200-day moving average is $183.79. The stock has a market cap of $1.05 trillion, a PE ratio of 32.31, a price-to-earnings-growth ratio of 0.93 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, beating the consensus estimate of $1.74 by $0.20. The business had revenue of $23.50 billion during the quarter, compared to analyst estimates of $22.72 billion. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced 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. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.09%. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s payout ratio is 35.10%.

Taiwan Semiconductor Manufacturing Company 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.