Physician Wealth Advisors Inc. Sells 468 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Physician Wealth Advisors Inc. reduced its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 18.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,022 shares of the semiconductor company’s stock after selling 468 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $399,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. IPG Investment Advisors LLC increased its position in Taiwan Semiconductor Manufacturing by 42.3% during the 4th quarter. IPG Investment Advisors LLC now owns 1,786 shares of the semiconductor company’s stock valued at $354,000 after purchasing an additional 531 shares during the period. Dorsey Wright & Associates purchased a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $2,457,000. RWA Wealth Partners LLC raised its stake in Taiwan Semiconductor Manufacturing by 1.7% in the fourth quarter. RWA Wealth Partners LLC now owns 54,606 shares of the semiconductor company’s stock worth $10,784,000 after buying an additional 889 shares in the last quarter. Allianz SE purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $6,313,000. Finally, Intrust Bank NA boosted its position in Taiwan Semiconductor Manufacturing by 3.4% during the 4th quarter. Intrust Bank NA now owns 15,356 shares of the semiconductor company’s stock valued at $3,033,000 after acquiring an additional 504 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TSM has been the subject of a number of research analyst reports. Barclays raised their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Finally, StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 1.4 %

Taiwan Semiconductor Manufacturing stock opened at $165.82 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $125.78 and a 12 month high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The business’s fifty day simple moving average is $192.35 and its two-hundred day simple moving average is $192.55. The company has a market capitalization of $860.00 billion, a price-to-earnings ratio of 23.55, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating 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, equities analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share 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. Shareholders of record on Thursday, June 12th will be issued a $0.6855 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.65%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.68%.

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.