Wealth Management Partners LLC Buys New Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Wealth Management Partners 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 13F filing with the Securities & Exchange Commission. The fund acquired 7,599 shares of the semiconductor company's stock, valued at approximately $1,501,000.

Other institutional investors have also recently bought and sold shares of the company. Reston Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $25,000. Fairscale Capital LLC bought a new position in Taiwan Semiconductor Manufacturing during the second quarter worth about $32,000. Sugarloaf Wealth Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 77.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company's stock valued at $32,000 after acquiring an additional 81 shares during the period. Archer Investment Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing by 48.1% in the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 62 shares in the last quarter. Finally, Abich Financial Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 108.0% during the second quarter. Abich Financial Wealth Management LLC now owns 208 shares of the semiconductor company's stock worth $36,000 after purchasing an additional 108 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Analysts Set New Price Targets

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

Taiwan Semiconductor Manufacturing Stock Down 1.5 %

Shares of TSM stock traded down $3.27 during trading on Monday, reaching $211.52. The company's stock had a trading volume of 21,549,070 shares, compared to its average volume of 11,245,926. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 33.90, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $109.48 and a one year high of $222.20. The business has a fifty day moving average price of $198.02 and a 200-day moving average price of $184.52. 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 (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts' consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This is a positive change 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 dividend yield of 1.04%. Taiwan Semiconductor Manufacturing's payout ratio is 30.77%.

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.