Truxt Investmentos Ltda. Has $816,000 Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Truxt Investmentos Ltda. lessened its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 84.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,072 shares of the semiconductor company’s stock after selling 22,361 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 1.3% of Truxt Investmentos Ltda.’s investment portfolio, making the stock its 18th biggest holding. Truxt Investmentos Ltda.’s holdings in Taiwan Semiconductor Manufacturing were worth $816,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in TSM. AMF Tjanstepension AB raised its stake in shares of Taiwan Semiconductor Manufacturing by 4.8% in the 3rd quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company’s stock valued at $266,300,000 after purchasing an additional 70,057 shares during the period. Foundations Investment Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 6.4% during the third quarter. Foundations Investment Advisors LLC now owns 23,054 shares of the semiconductor company’s stock worth $4,004,000 after buying an additional 1,389 shares in the last quarter. Oakworth Capital Inc. raised its position in Taiwan Semiconductor Manufacturing by 522.2% in the 3rd quarter. Oakworth Capital Inc. now owns 448 shares of the semiconductor company’s stock valued at $78,000 after buying an additional 376 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 4.1% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 44,503 shares of the semiconductor company’s stock valued at $7,729,000 after acquiring an additional 1,773 shares in the last quarter. Finally, Pictet North America Advisors SA boosted its position in Taiwan Semiconductor Manufacturing by 1.4% during the 3rd quarter. Pictet North America Advisors SA now owns 223,042 shares of the semiconductor company’s stock worth $38,736,000 after acquiring an additional 3,105 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TSM. 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 Tuesday. 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 note on Friday, January 17th. Finally, StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $200.88 on Thursday. The firm’s fifty day moving average price is $205.68 and its two-hundred day moving average price is $190.15. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $122.91 and a 1 year high of $226.40. The firm has a market capitalization of $1.04 trillion, a P/E ratio of 28.53, a price-to-earnings-growth ratio of 0.67 and a beta of 1.06. 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 (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate 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, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 31.11%.

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.