By otakuyassine3@gmail.com 
GSB Wealth Management LLC lowered its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Free Report) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,728 shares of the semiconductor company’s stock after selling 221 shares during the quarter. GSB Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,119,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of TSM. Reston Wealth Management LLC bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth $25,000. Sugarloaf Wealth Management LLC grew its holdings in Taiwan Semiconductor Manufacturing by 77.1% during the third quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company’s stock worth $32,000 after buying an additional 81 shares in the last quarter. Archer Investment Corp grew its holdings in Taiwan Semiconductor Manufacturing by 48.1% during the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after buying an additional 62 shares in the last quarter. American Capital Advisory LLC bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth $38,000. Finally, OLD Second National Bank of Aurora grew its holdings in Taiwan Semiconductor Manufacturing by 169.8% during the third quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock worth $40,000 after buying an additional 146 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. Barclays boosted their price objective on 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 raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $220.00.
Get Our Latest Stock Report on TSM
Taiwan Semiconductor Manufacturing Stock Down 1.3 %
Shares of NYSE TSM opened at $221.73 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $112.61 and a one year high of $226.40. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The business’s fifty day moving average price is $201.07 and its 200-day moving average price is $185.75. The stock has a market capitalization of $1.15 trillion, a PE ratio of 31.50, a P/E/G ratio of 0.74 and a beta of 1.07.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last issued its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS 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 given a dividend of $0.5484 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 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.
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