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Advisor OS LLC Sells 2,436 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Taiwan Semiconductor Manufacturing logo with Computer and Technology background

Advisor OS LLC lessened its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 32.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,009 shares of the semiconductor company's stock after selling 2,436 shares during the period. Advisor OS LLC's holdings in Taiwan Semiconductor Manufacturing were worth $989,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TSM. AMF Tjanstepension AB boosted its holdings in Taiwan Semiconductor Manufacturing by 4.8% in the third quarter. AMF Tjanstepension AB now owns 1,533,207 shares of the semiconductor company's stock valued at $266,300,000 after acquiring an additional 70,057 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 14.1% during the third quarter. J.W. Cole Advisors Inc. now owns 7,858 shares of the semiconductor company's stock worth $1,365,000 after buying an additional 969 shares during the last quarter. Inscription Capital LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth approximately $351,000. Concord Wealth Partners lifted its holdings in Taiwan Semiconductor Manufacturing by 103.7% in the third quarter. Concord Wealth Partners now owns 717 shares of the semiconductor company's stock valued at $125,000 after buying an additional 365 shares during the period. Finally, TCI Wealth Advisors Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 6.1% in the third quarter. TCI Wealth Advisors Inc. now owns 1,260 shares of the semiconductor company's stock valued at $219,000 after acquiring an additional 73 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Down 0.5 %

Shares of TSM stock traded down $1.00 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 PEG ratio of 0.66 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $125.78 and a twelve month high of $226.40. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The company 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 announced 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 return on equity of 30.47% and a net margin of 40.51%. As a group, analysts forecast 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 declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid 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 1.52%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing's payout ratio is presently 31.11%.

Analyst Ratings Changes

Several analysts have commented on TSM shares. Barclays upped 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 report on Friday, January 17th. Needham & Company LLC reiterated a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a 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's stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Moderate Buy" and an average target price of $220.00.

Check Out Our Latest Report on TSM

Taiwan Semiconductor Manufacturing Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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