Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Waldron Private Wealth LLC

Waldron Private Wealth LLC lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 50.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,798 shares of the semiconductor company's stock after selling 10,012 shares during the period. Waldron Private Wealth LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Mount Yale Investment Advisors LLC grew its stake in Taiwan Semiconductor Manufacturing by 4.3% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company's stock worth $7,052,000 after buying an additional 1,476 shares during the last quarter. OLD National Bancorp IN grew its stake in Taiwan Semiconductor Manufacturing by 2.1% during the 4th quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company's stock worth $22,357,000 after buying an additional 2,368 shares during the last quarter. Private Client Services LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $201,000. YHB Investment Advisors Inc. grew its stake in Taiwan Semiconductor Manufacturing by 6.9% during the 4th quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company's stock worth $7,954,000 after buying an additional 2,604 shares during the last quarter. Finally, Matthews International Capital Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 23.3% during the 4th quarter. Matthews International Capital Management LLC now owns 195,243 shares of the semiconductor company's stock worth $38,559,000 after buying an additional 36,845 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Susquehanna reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Needham & Company LLC reiterated a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Finally, Barclays lifted their target price 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. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock traded up $4.74 during trading on Tuesday, reaching $204.54. The company's stock had a trading volume of 9,879,326 shares, compared to its average volume of 19,685,820. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $116.58 and a 12-month high of $226.40. The company has a market capitalization of $1.06 trillion, a P/E ratio of 29.06, a price-to-earnings-growth ratio of 0.69 and a beta of 1.06. The business has a 50 day moving average price of $202.74 and a 200-day moving average price of $186.63.

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 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, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.07%. Taiwan Semiconductor Manufacturing's payout ratio is currently 27.27%.

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.