Trust Co of Kansas Has $5.93 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Trust Co of Kansas boosted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 12.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 30,030 shares of the semiconductor company’s stock after buying an additional 3,267 shares during the period. Taiwan Semiconductor Manufacturing makes up 2.8% of Trust Co of Kansas’ portfolio, making the stock its 15th largest holding. Trust Co of Kansas’ holdings in Taiwan Semiconductor Manufacturing were worth $5,931,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Blair William & Co. IL increased its position in Taiwan Semiconductor Manufacturing by 24.2% during the 2nd quarter. Blair William & Co. IL now owns 79,627 shares of the semiconductor company’s stock worth $13,840,000 after buying an additional 15,522 shares during the period. Waterloo Capital L.P. increased its position in Taiwan Semiconductor Manufacturing by 11.2% during the second quarter. Waterloo Capital L.P. now owns 1,810 shares of the semiconductor company’s stock worth $315,000 after acquiring an additional 182 shares during the period. Glass Jacobson Investment Advisors llc increased its position in Taiwan Semiconductor Manufacturing by 1,410.4% during the second quarter. Glass Jacobson Investment Advisors llc now owns 1,163 shares of the semiconductor company’s stock worth $202,000 after acquiring an additional 1,086 shares during the period. Inspire Investing LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 32.3% in the 2nd quarter. Inspire Investing LLC now owns 11,286 shares of the semiconductor company’s stock valued at $1,962,000 after purchasing an additional 2,754 shares during the period. Finally, ProVise Management Group LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 5.3% during the 2nd quarter. ProVise Management Group LLC now owns 1,769 shares of the semiconductor company’s stock worth $307,000 after purchasing an additional 89 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TSM shares. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday, November 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. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two equities research 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, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $211.52 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $109.48 and a 52 week high of $222.20. The firm has a market cap of $1.10 trillion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The firm’s fifty day moving average is $197.81 and its 200-day moving average is $184.17.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 earnings per share 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. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 30.77%.

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.