Nilsine Partners LLC Buys 201 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Nilsine Partners LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.1% during the fourth quarter, HoldingsChannel reports. The firm owned 17,926 shares of the semiconductor company’s stock after acquiring an additional 201 shares during the quarter. Nilsine Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $3,540,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TSM. Lebenthal Global Advisors LLC raised its position in Taiwan Semiconductor Manufacturing by 9.6% during the fourth quarter. Lebenthal Global Advisors LLC now owns 9,817 shares of the semiconductor company’s stock worth $1,939,000 after acquiring an additional 860 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 9.3% in the 4th quarter. Foundations Investment Advisors LLC now owns 25,197 shares of the semiconductor company’s stock valued at $4,976,000 after purchasing an additional 2,143 shares during the period. Mount Yale Investment Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 4.3% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock valued at $7,052,000 after purchasing an additional 1,476 shares during the last quarter. McLean Asset Management Corp acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $208,000. Finally, KBC Group NV increased its position in Taiwan Semiconductor Manufacturing by 144.5% during the fourth quarter. KBC Group NV now owns 69,872 shares of the semiconductor company’s stock worth $13,799,000 after buying an additional 41,300 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analysts Set New Price Targets

TSM has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 13.1 %

TSM opened at $192.72 on Tuesday. 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 stock has a fifty day moving average of $201.07 and a 200-day moving average of $185.72. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $112.61 and a fifty-two week high of $226.40. The company has a market capitalization of $999.52 billion, a P/E ratio of 27.38, a P/E/G ratio of 0.74 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed 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 represents a $2.19 dividend on an annualized basis and a yield of 1.14%. 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. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

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.