Mount Yale Investment Advisors LLC Grows Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Mount Yale Investment Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,709 shares of the semiconductor company's stock after purchasing an additional 1,476 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 0.6% of Mount Yale Investment Advisors LLC's investment portfolio, making the stock its 25th largest holding. Mount Yale Investment Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $7,052,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. ProShare Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 25.2% during the second quarter. ProShare Advisors LLC now owns 1,935 shares of the semiconductor company's stock worth $336,000 after acquiring an additional 390 shares in the last quarter. Xponance Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 12.3% during the 2nd quarter. Xponance Inc. now owns 5,209 shares of the semiconductor company's stock worth $905,000 after purchasing an additional 572 shares in the last quarter. Lighthouse Investment Partners LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $362,000. Ascent Group LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 11.8% during the second quarter. Ascent Group LLC now owns 4,993 shares of the semiconductor company's stock valued at $868,000 after buying an additional 525 shares during the period. Finally, Full Sail Capital LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 5.3% in the second quarter. Full Sail Capital LLC now owns 2,455 shares of the semiconductor company's stock valued at $427,000 after acquiring an additional 123 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TSM shares. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 17th. Susquehanna reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Monday, January 20th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 13.1 %

Shares of TSM stock traded down $29.16 during trading hours on Monday, hitting $192.72. 63,089,158 shares of the company's stock traded hands, compared to its average volume of 20,097,561. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The stock has a market cap of $999.52 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 0.74 and a beta of 1.07. The stock's fifty day simple moving average is $201.07 and its two-hundred day simple moving average is $185.72. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $112.61 and a 12-month 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 return on equity of 30.47% and a net margin of 40.51%. On average, analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

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

About Taiwan Semiconductor Manufacturing

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.