Atria Investments Inc Purchases 5,420 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Atria Investments Inc grew its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 144,347 shares of the semiconductor company’s stock after acquiring an additional 5,420 shares during the quarter. Atria Investments Inc’s holdings in Taiwan Semiconductor Manufacturing were worth $25,069,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of TSM. Norden Group LLC bought a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth $244,000. Empowered Funds LLC grew its holdings in Taiwan Semiconductor Manufacturing by 53.8% during the first quarter. Empowered Funds LLC now owns 20,849 shares of the semiconductor company’s stock worth $2,837,000 after buying an additional 7,293 shares in the last quarter. Wealthspire Advisors LLC grew its holdings in Taiwan Semiconductor Manufacturing by 25.2% during the first quarter. Wealthspire Advisors LLC now owns 4,165 shares of the semiconductor company’s stock worth $567,000 after buying an additional 837 shares in the last quarter. PFG Advisors grew its holdings in Taiwan Semiconductor Manufacturing by 33.1% during the first quarter. PFG Advisors now owns 3,469 shares of the semiconductor company’s stock worth $472,000 after buying an additional 863 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in Taiwan Semiconductor Manufacturing by 324.2% during the first quarter. Concurrent Investment Advisors LLC now owns 11,399 shares of the semiconductor company’s stock worth $1,551,000 after buying an additional 8,712 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TSM. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Saturday. Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Needham & Company LLC reissued a “buy” rating and issued a $210.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. TD Cowen boosted their price objective on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the stock a “hold” rating in a research report on Thursday, July 18th. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $209.00.

Taiwan Semiconductor Manufacturing Stock Up 0.0 %

Shares of NYSE TSM opened at $201.20 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $91.60 and a one year high of $212.60. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.57 and a quick ratio of 2.30. The business’s fifty day moving average price is $183.11 and its 200-day moving average price is $170.07. The stock has a market capitalization of $1.04 trillion, a PE ratio of 32.24, a P/E/G ratio of 0.97 and a beta of 1.12.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a return on equity of 27.30% and a net margin of 39.10%. The firm had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $22.72 billion. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.73 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be issued a dividend of $0.4871 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $1.95 dividend on an annualized basis and a yield of 0.97%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 31.57%.

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.