CENTRAL TRUST Co Boosts Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

CENTRAL TRUST Co grew its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,495 shares of the semiconductor company’s stock after purchasing an additional 212 shares during the quarter. CENTRAL TRUST Co’s holdings in Taiwan Semiconductor Manufacturing were worth $493,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TSM. Reston Wealth Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $25,000. Sugarloaf Wealth Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 77.1% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 81 shares in the last quarter. Archer Investment Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing by 48.1% during the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 62 shares in the last quarter. American Capital Advisory LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $38,000. Finally, OLD Second National Bank of Aurora increased its holdings in shares of Taiwan Semiconductor Manufacturing by 169.8% during the 3rd quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 146 shares in the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Trading Up 2.2 %

Shares of TSM opened at $204.21 on Wednesday. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $116.58 and a 52-week high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The firm’s fifty day moving average is $202.74 and its two-hundred day moving average is $186.63. The stock has a market cap of $1.06 trillion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 0.69 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced 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%. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 1.07%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 27.27%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TSM shares. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Barclays lifted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target 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 research note on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.