Operose Advisors LLC Sells 167 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Operose Advisors LLC lowered its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 48.5% during the 4th quarter, HoldingsChannel reports. The firm owned 177 shares of the semiconductor company’s stock after selling 167 shares during the period. Operose Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $35,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Regal Investment Advisors LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 14.4% in the fourth quarter. Regal Investment Advisors LLC now owns 2,090 shares of the semiconductor company’s stock worth $413,000 after purchasing an additional 263 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in shares of Taiwan Semiconductor Manufacturing by 69.7% in the 4th quarter. Gamco Investors INC. ET AL now owns 4,870 shares of the semiconductor company’s stock worth $962,000 after buying an additional 2,000 shares during the last quarter. Rossby Financial LCC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $261,000. LTS One Management LP lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 9.3% during the 4th quarter. LTS One Management LP now owns 117,500 shares of the semiconductor company’s stock worth $23,205,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Chiron Investment Management LLC grew its position in Taiwan Semiconductor Manufacturing by 20.5% in the fourth quarter. Chiron Investment Management LLC now owns 57,213 shares of the semiconductor company’s stock worth $11,299,000 after acquiring an additional 9,752 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TSM shares. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Finally, StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 1.0 %

NYSE TSM opened at $157.41 on Wednesday. The firm has a market cap of $816.37 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 0.66 and a beta of 1.16. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $125.78 and a 1-year high of $226.40. The stock has a 50-day moving average of $177.09 and a 200-day moving average of $190.54. 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 announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating 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%. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a $0.6855 dividend. This represents a $2.74 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 30.68%.

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.