Register Financial Advisors LLC Purchases Shares of 1,648 Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Register Financial Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,648 shares of the semiconductor company's stock, valued at approximately $325,000.

Several other hedge funds have also made changes to their positions in the stock. PFG Investments LLC increased its holdings in Taiwan Semiconductor Manufacturing by 3.6% in the 4th quarter. PFG Investments LLC now owns 13,058 shares of the semiconductor company's stock valued at $2,579,000 after buying an additional 459 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Taiwan Semiconductor Manufacturing by 12.1% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 9,925 shares of the semiconductor company's stock valued at $1,960,000 after acquiring an additional 1,069 shares in the last quarter. Stablepoint Partners LLC increased its stake in Taiwan Semiconductor Manufacturing by 3.7% in the fourth quarter. Stablepoint Partners LLC now owns 12,662 shares of the semiconductor company's stock valued at $2,501,000 after acquiring an additional 449 shares during the period. 1834 Investment Advisors Co. lifted its stake in Taiwan Semiconductor Manufacturing by 16.2% during the fourth quarter. 1834 Investment Advisors Co. now owns 2,920 shares of the semiconductor company's stock worth $577,000 after purchasing an additional 408 shares during the period. Finally, Clarendon Private LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $294,000. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 13.1 %

Shares of Taiwan Semiconductor Manufacturing stock traded down $29.16 on Monday, hitting $192.72. The company had a trading volume of 68,449,089 shares, compared to its average volume of 20,561,855. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $112.61 and a twelve month high of $226.40. 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 stock has a 50-day moving average of $201.07 and a 200-day moving average of $185.72. The firm has a market capitalization of $999.52 billion, a P/E ratio of 27.38, a P/E/G ratio of 0.74 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) 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%. Research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.14%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 27.27%.

Wall Street Analysts Forecast Growth

TSM has been the subject of several analyst reports. Susquehanna restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 17th. Needham & Company LLC reiterated a "buy" rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Finally, StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Monday, January 20th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and a consensus target price of $220.00.

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.