Callan Family Office LLC Buys 35,417 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Callan Family Office LLC raised its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 475.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,867 shares of the semiconductor company's stock after acquiring an additional 35,417 shares during the period. Callan Family Office LLC's holdings in Taiwan Semiconductor Manufacturing were worth $8,466,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Candriam S.C.A. lifted its stake in Taiwan Semiconductor Manufacturing by 0.5% during the 4th quarter. Candriam S.C.A. now owns 868,112 shares of the semiconductor company's stock valued at $171,443,000 after acquiring an additional 4,101 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 5.1% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 29,327 shares of the semiconductor company's stock worth $5,792,000 after purchasing an additional 1,414 shares during the period. Freestone Capital Holdings LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 2.6% during the 4th quarter. Freestone Capital Holdings LLC now owns 3,840 shares of the semiconductor company's stock worth $758,000 after purchasing an additional 96 shares during the period. Ethos Financial Group LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth $178,000. Finally, Lindbrook Capital LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 3.8% during the 4th quarter. Lindbrook Capital LLC now owns 13,495 shares of the semiconductor company's stock worth $2,665,000 after purchasing an additional 492 shares during the period. 16.51% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Needham & Company LLC reissued a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, Barclays lifted their price objective 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 research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Moderate Buy" and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock traded up $0.73 during mid-day trading on Friday, reaching $176.58. 20,993,833 shares of the company traded hands, compared to its average volume of 18,397,072. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The company has a market capitalization of $915.80 billion, a P/E ratio of 25.08, a P/E/G ratio of 0.66 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $125.78 and a 52-week high of $226.40. The company has a fifty day moving average price of $202.05 and a 200-day moving average price of $191.90.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating analysts' consensus estimates 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, analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Thursday, June 12th. This is an increase 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 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.