Jeppson Wealth Management LLC Has $261,000 Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Jeppson Wealth Management LLC cut its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,322 shares of the semiconductor company’s stock after selling 70 shares during the period. Jeppson Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $261,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of TSM. Hutchens & Kramer Investment Management Group LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at $204,000. Griffin Asset Management Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $505,000. YHB Investment Advisors Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 6.9% in the 4th quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company’s stock valued at $7,954,000 after acquiring an additional 2,604 shares during the period. FSC Wealth Advisors LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth about $58,000. Finally, Greenup Street Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $5,659,000. 16.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Needham & Company LLC reiterated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Barclays upped their price objective on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Finally, StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 13.1 %

TSM stock opened at $192.72 on Tuesday. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $112.61 and a 52 week high of $226.40. The company has a market capitalization of $999.52 billion, a PE ratio of 27.38, a price-to-earnings-growth ratio of 0.74 and a beta of 1.07. The company’s 50-day simple moving average is $201.07 and its 200 day simple moving average is $185.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its 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 net margin of 40.51% and a return on equity of 30.47%. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business 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 $0.5484 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.14%. Taiwan Semiconductor Manufacturing’s 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.