Impact Investors Inc Invests $1.59 Million in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Impact Investors Inc bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,051 shares of the semiconductor company's stock, valued at approximately $1,590,000. Taiwan Semiconductor Manufacturing comprises about 1.2% of Impact Investors Inc's holdings, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Argonautica Private Wealth Management Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 9.9% during the fourth quarter. Argonautica Private Wealth Management Inc. now owns 6,757 shares of the semiconductor company's stock worth $1,334,000 after purchasing an additional 611 shares during the period. Denali Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.5% during the fourth quarter. Denali Advisors LLC now owns 14,764 shares of the semiconductor company's stock worth $2,916,000 after purchasing an additional 496 shares during the period. Lake Street Advisors Group LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 56.1% during the fourth quarter. Lake Street Advisors Group LLC now owns 15,277 shares of the semiconductor company's stock worth $3,025,000 after purchasing an additional 5,491 shares during the period. Kirtland Hills Capital Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 22.9% during the fourth quarter. Kirtland Hills Capital Management LLC now owns 6,611 shares of the semiconductor company's stock worth $1,306,000 after purchasing an additional 1,232 shares during the period. Finally, NCP Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 93.8% during the fourth quarter. NCP Inc. now owns 1,550 shares of the semiconductor company's stock worth $306,000 after purchasing an additional 750 shares during the period. Institutional investors own 16.51% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TSM shares. Barclays lifted their price target 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 reiterated a "buy" rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 0.5 %

TSM stock traded down $1.00 during midday trading on Friday, hitting $180.10. The stock had a trading volume of 27,895,144 shares, compared to its average volume of 17,601,268. The firm has a market cap of $934.05 billion, a P/E ratio of 25.58, a price-to-earnings-growth ratio of 0.66 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 Company Limited has a 1-year low of $125.78 and a 1-year high of $226.40. The business has a fifty day moving average price of $204.74 and a two-hundred day moving average price of $191.45.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released 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%. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.52%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's dividend 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.