Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Argonautica Private Wealth Management Inc.

Argonautica Private Wealth Management Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,757 shares of the semiconductor company’s stock after acquiring an additional 611 shares during the period. Argonautica Private Wealth Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,334,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Denali Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 3.5% in the 4th quarter. Denali Advisors LLC now owns 14,764 shares of the semiconductor company’s stock valued at $2,916,000 after acquiring an additional 496 shares during the last quarter. Lake Street Advisors Group LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 56.1% in the fourth quarter. Lake Street Advisors Group LLC now owns 15,277 shares of the semiconductor company’s stock valued at $3,025,000 after purchasing an additional 5,491 shares during the last quarter. Kirtland Hills Capital Management LLC lifted its position in Taiwan Semiconductor Manufacturing by 22.9% during the fourth quarter. Kirtland Hills Capital Management LLC now owns 6,611 shares of the semiconductor company’s stock worth $1,306,000 after buying an additional 1,232 shares in the last quarter. NCP Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 93.8% during the fourth quarter. NCP Inc. now owns 1,550 shares of the semiconductor company’s stock worth $306,000 after buying an additional 750 shares during the last quarter. Finally, Todd Asset Management LLC grew its holdings in Taiwan Semiconductor Manufacturing by 13.4% in the 4th quarter. Todd Asset Management LLC now owns 199,527 shares of the semiconductor company’s stock valued at $39,405,000 after buying an additional 23,534 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 1.2 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $189.36 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company has a market capitalization of $982.12 billion, a P/E ratio of 26.90, a PEG ratio of 0.66 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $125.78 and a 1 year high of $226.40. The company’s fifty day moving average is $205.36 and its two-hundred day moving average is $191.41.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 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%. Analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 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, July 10th. Stockholders of record on Thursday, June 12th will be paid a dividend of $0.6855 per share. The ex-dividend date is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.45%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 31.11%.

Analysts Set New Price Targets

Several equities analysts have weighed in on TSM shares. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Finally, Needham & Company LLC reissued a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $220.00.

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.