Advyzon Investment Management LLC Takes $258,000 Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Advyzon Investment Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,304 shares of the semiconductor company's stock, valued at approximately $258,000.

Several other large investors have also recently bought and sold shares of the stock. Handelsbanken Fonder AB raised its holdings in Taiwan Semiconductor Manufacturing by 17.6% in the 4th quarter. Handelsbanken Fonder AB now owns 743,000 shares of the semiconductor company's stock valued at $146,735,000 after acquiring an additional 111,000 shares during the period. Wealth Alliance raised its holdings in Taiwan Semiconductor Manufacturing by 2.1% in the 4th quarter. Wealth Alliance now owns 18,152 shares of the semiconductor company's stock valued at $3,585,000 after acquiring an additional 370 shares during the period. Sunpointe LLC raised its holdings in Taiwan Semiconductor Manufacturing by 14.5% in the 4th quarter. Sunpointe LLC now owns 7,601 shares of the semiconductor company's stock valued at $1,506,000 after acquiring an additional 960 shares during the period. Abacus Planning Group Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $214,000. Finally, Private Wealth Partners LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 78.6% during the fourth quarter. Private Wealth Partners LLC now owns 4,545 shares of the semiconductor company's stock worth $898,000 after purchasing an additional 2,000 shares during the period. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM traded down $1.70 during trading hours on Friday, hitting $198.40. 13,733,874 shares of the stock were exchanged, compared to its average volume of 17,191,230. 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 cap of $1.03 trillion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06. The company's fifty day simple moving average is $205.85 and its two-hundred day simple moving average is $190.22. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $125.78 and a 1-year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be given a $0.6855 dividend. 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 1.38%. 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 currently 27.27%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TSM shares. Barclays raised their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 17th. Needham & Company LLC reaffirmed a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday. Finally, StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.