Beaumont Financial Advisors LLC Acquires 137 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Beaumont Financial Advisors LLC grew its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 11.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,362 shares of the semiconductor company’s stock after purchasing an additional 137 shares during the period. Beaumont Financial Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $269,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of TSM. Reston Wealth Management LLC purchased a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter worth about $25,000. Sugarloaf Wealth Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 77.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 81 shares during the period. Archer Investment Corp raised its holdings in shares of Taiwan Semiconductor Manufacturing by 48.1% during the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 62 shares during the last quarter. Abich Financial Wealth Management LLC lifted its position in 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 valued at $36,000 after purchasing an additional 108 shares during the period. Finally, American Capital Advisory LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the third quarter worth approximately $38,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TSM shares. StockNews.com upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Monday. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Needham & Company LLC restated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $224.36 on Friday. The business has a 50-day simple moving average of $199.64 and a two-hundred day simple moving average of $185.24. 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 52 week low of $112.61 and a 52 week high of $225.43. The stock has a market cap of $1.16 trillion, a price-to-earnings ratio of 31.87, a PEG ratio of 0.72 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its 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 net margin of 40.51% and a return on equity of 30.47%. 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. Shareholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Tuesday, March 18th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 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.