Transatlantique Private Wealth LLC Sells 635 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Transatlantique Private Wealth LLC lessened its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,301 shares of the semiconductor company’s stock after selling 635 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 1.6% of Transatlantique Private Wealth LLC’s investment portfolio, making the stock its 10th largest holding. Transatlantique Private Wealth LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $4,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of TSM. Tradition Wealth Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 43.5% in the 4th quarter. Tradition Wealth Management LLC now owns 5,099 shares of the semiconductor company’s stock worth $1,007,000 after purchasing an additional 1,546 shares during the last quarter. Transce3nd LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $41,000. Trajan Wealth LLC boosted its stake in Taiwan Semiconductor Manufacturing by 6.3% during the 4th quarter. Trajan Wealth LLC now owns 234,745 shares of the semiconductor company’s stock valued at $46,360,000 after purchasing an additional 13,821 shares during the period. Seaview Investment Managers LLC bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth about $10,952,000. Finally, Mirabella Financial Services LLP raised its holdings in shares of Taiwan Semiconductor Manufacturing by 0.5% during the fourth quarter. Mirabella Financial Services LLP now owns 57,056 shares of the semiconductor company’s stock valued at $11,266,000 after buying an additional 272 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $151.86 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a market capitalization of $787.61 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 0.66 and a beta of 1.16. The stock has a fifty day moving average of $173.73 and a 200-day moving average of $190.08. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.09. The business had revenue of $25.82 billion during the quarter, compared to analyst estimates of $834.10 billion. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. As a group, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 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, July 10th. Investors of record on Thursday, June 12th will be paid a $0.6855 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 dividend on an annualized basis and a yield of 1.81%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 30.68%.

Analysts Set New Price Targets

Several research firms recently commented on TSM. Susquehanna lowered their target price on Taiwan Semiconductor Manufacturing from $265.00 to $250.00 and set a “positive” rating on the stock in a research report on Thursday. Needham & Company LLC reiterated a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Finally, StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of “Moderate Buy” and an average target price of $220.00.

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.