YHB Investment Advisors Inc. Buys 2,604 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

YHB Investment Advisors Inc. raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,275 shares of the semiconductor company’s stock after acquiring an additional 2,604 shares during the period. YHB Investment Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $7,954,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Reston Wealth Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $25,000. Sugarloaf Wealth Management LLC increased its position 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 purchasing an additional 81 shares during the period. Archer Investment Corp grew its stake in Taiwan Semiconductor Manufacturing by 48.1% during the third quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after buying an additional 62 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $40,000. Finally, American Capital Advisory LLC bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth $38,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $192.72 on Tuesday. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $112.61 and a 12-month high of $226.40. The company has a market cap of $999.52 billion, a P/E ratio of 27.38, a PEG ratio of 0.74 and a beta of 1.07. The company has a fifty day simple moving average of $201.07 and a 200 day simple moving average of $185.72. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data 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%. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed 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 1.14%. The ex-dividend date of this dividend is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.27%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on TSM shares. Barclays boosted 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, January 17th. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. 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 Thursday, January 16th. Finally, StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $220.00.

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.