Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Bought by Segment Wealth Management LLC

Segment Wealth Management LLC grew its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 210.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,337 shares of the semiconductor company’s stock after purchasing an additional 2,940 shares during the quarter. Segment Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $857,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Private Client Services LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth $201,000. Trust Co of the South boosted its position in Taiwan Semiconductor Manufacturing by 232.8% during the fourth quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company’s stock worth $1,752,000 after acquiring an additional 6,204 shares during the last quarter. Headwater Capital Co Ltd purchased a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $49,372,000. NRI Wealth Management LC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $1,545,000. Finally, FNY Investment Advisers LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 194.2% during the 4th quarter. FNY Investment Advisers LLC now owns 16,115 shares of the semiconductor company’s stock worth $3,182,000 after purchasing an additional 10,637 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 1.5 %

NYSE TSM opened at $211.52 on Tuesday. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $109.48 and a 52 week high of $222.20. The firm has a 50 day moving average of $198.02 and a two-hundred day moving average of $184.52. The stock has a market capitalization of $1.10 trillion, a PE ratio of 30.05, a price-to-earnings-growth ratio of 0.71 and a beta of 1.07. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping 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%. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 8.98 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

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

Analyst Ratings Changes

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 report on Thursday, January 16th. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Barclays lifted their price target 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. Finally, StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Monday. 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, Taiwan Semiconductor Manufacturing currently 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.