Americana Partners LLC Increases Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Americana Partners LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 75.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,156 shares of the semiconductor company’s stock after purchasing an additional 15,541 shares during the period. Americana Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $7,140,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sierra Ocean LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $448,000. Belvedere Trading LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $227,000. Valmark Advisers Inc. increased its position in Taiwan Semiconductor Manufacturing by 2.2% during the 4th quarter. Valmark Advisers Inc. now owns 5,412 shares of the semiconductor company’s stock worth $1,069,000 after purchasing an additional 116 shares during the period. Copperleaf Capital LLC increased its position in Taiwan Semiconductor Manufacturing by 9.8% during the 4th quarter. Copperleaf Capital LLC now owns 13,284 shares of the semiconductor company’s stock worth $2,624,000 after purchasing an additional 1,181 shares during the period. Finally, WD Rutherford LLC increased its position in Taiwan Semiconductor Manufacturing by 26.1% during the 4th quarter. WD Rutherford LLC now owns 6,784 shares of the semiconductor company’s stock worth $1,340,000 after purchasing an additional 1,403 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

TSM has been the topic of a number of research reports. Needham & Company LLC restated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Finally, Barclays upped their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 1.0 %

Shares of TSM opened at $203.77 on Monday. 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 firm has a market capitalization of $1.06 trillion, a P/E ratio of 28.94, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06. The stock’s fifty day simple moving average is $205.26 and its 200 day simple moving average is $189.22. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $122.91 and a twelve month high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, topping the consensus estimate 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 forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a $0.6855 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

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.