Mitchell & Pahl Private Wealth LLC Raises Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Mitchell & Pahl Private Wealth LLC lifted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,233 shares of the semiconductor company’s stock after acquiring an additional 62 shares during the quarter. Mitchell & Pahl Private Wealth LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,626,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. King Luther Capital Management Corp raised its position in shares of Taiwan Semiconductor Manufacturing by 4.7% in the second quarter. King Luther Capital Management Corp now owns 6,812 shares of the semiconductor company’s stock valued at $1,184,000 after purchasing an additional 308 shares during the period. AE Wealth Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 10.1% during the 2nd quarter. AE Wealth Management LLC now owns 14,481 shares of the semiconductor company’s stock valued at $2,517,000 after acquiring an additional 1,328 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Taiwan Semiconductor Manufacturing by 23,886.2% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 13,912 shares of the semiconductor company’s stock worth $2,420,000 after acquiring an additional 13,854 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 24.2% in the second quarter. Summit Trail Advisors LLC now owns 2,528 shares of the semiconductor company’s stock worth $441,000 after acquiring an additional 493 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 0.4% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 17,733 shares of the semiconductor company’s stock valued at $3,082,000 after purchasing an additional 66 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 1.5 %

Shares of NYSE TSM opened at $211.52 on Tuesday. The business has a 50-day moving average of $198.02 and a 200-day moving average of $184.52. The firm has a market capitalization of $1.10 trillion, a price-to-earnings ratio of 30.05, a PEG ratio of 0.71 and a beta of 1.07. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $109.48 and a 12 month high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS 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%. Sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 8.98 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a yield of 1.04%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 27.27%.

Wall Street Analyst Weigh In

TSM has been the subject of several analyst reports. Needham & Company LLC restated a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday. StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Monday. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price 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.