Householder Group Estate & Retirement Specialist LLC Sells 620 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Householder Group Estate & Retirement Specialist LLC trimmed its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 59.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 430 shares of the semiconductor company’s stock after selling 620 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $85,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of TSM. ProVise Management Group LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 5.3% in the 2nd quarter. ProVise Management Group LLC now owns 1,769 shares of the semiconductor company’s stock valued at $307,000 after purchasing an additional 89 shares during the period. Brighton Jones LLC grew its stake in Taiwan Semiconductor Manufacturing by 12.3% in the 2nd quarter. Brighton Jones LLC now owns 7,722 shares of the semiconductor company’s stock valued at $1,342,000 after buying an additional 845 shares during the last quarter. Ieq Capital LLC grew its stake in Taiwan Semiconductor Manufacturing by 31.5% in the 2nd quarter. Ieq Capital LLC now owns 16,040 shares of the semiconductor company’s stock valued at $2,788,000 after buying an additional 3,843 shares during the last quarter. King Luther Capital Management Corp grew its stake in Taiwan Semiconductor Manufacturing by 4.7% in the 2nd quarter. King Luther Capital Management Corp now owns 6,812 shares of the semiconductor company’s stock valued at $1,184,000 after buying an additional 308 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 10.1% in the 2nd quarter. AE Wealth Management LLC now owns 14,481 shares of the semiconductor company’s stock valued at $2,517,000 after buying an additional 1,328 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM opened at $211.52 on Friday. The company’s 50 day moving average price is $198.02 and its two-hundred day moving average price is $184.44. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $109.48 and a 12-month high of $222.20. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.10 trillion, a PE ratio of 33.90, a PEG ratio of 0.76 and a beta of 1.07.

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

Taiwan Semiconductor Manufacturing Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday. Finally, Barclays increased their target price 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. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and a consensus price target of $220.00.

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.