West Family Investments Inc. Boosts Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

West Family Investments Inc. increased its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.8% during the 4th quarter, HoldingsChannel reports. The firm owned 21,090 shares of the semiconductor company’s stock after buying an additional 565 shares during the period. Taiwan Semiconductor Manufacturing comprises 1.5% of West Family Investments Inc.’s holdings, making the stock its 12th largest position. West Family Investments Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $4,165,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TSM. Stonebridge Financial Group LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth approximately $25,000. Roxbury Financial LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth $29,000. Archer Investment Corp boosted its stake in shares of Taiwan Semiconductor Manufacturing by 48.1% during the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 62 shares during the last quarter. OLD Second National Bank of Aurora boosted its stake in shares of Taiwan Semiconductor Manufacturing by 169.8% during the 3rd quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 146 shares during the last quarter. Finally, Endeavor Private Wealth Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth $40,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $175.99 on Friday. 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 company has a market cap of $912.75 billion, a P/E ratio of 25.00, a P/E/G ratio of 0.66 and a beta of 1.06. The firm’s fifty day moving average is $202.55 and its two-hundred day moving average is $191.61. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $125.78 and a 52-week high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its 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 40.51% and a return on equity of 30.47%. As a group, analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be issued a $0.6855 dividend. The ex-dividend date is Thursday, June 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.56%. Taiwan Semiconductor Manufacturing’s payout ratio is 31.11%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TSM. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Barclays lifted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

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.