FDx Advisors Inc. Sells 463 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

FDx Advisors Inc. decreased its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,293 shares of the semiconductor company’s stock after selling 463 shares during the quarter. FDx Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,638,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TSM. Prakash Investment Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $549,000. North of South Capital LLP increased its stake in shares of Taiwan Semiconductor Manufacturing by 15.8% in the 4th quarter. North of South Capital LLP now owns 516,404 shares of the semiconductor company’s stock valued at $101,985,000 after buying an additional 70,362 shares during the period. Forte Capital LLC ADV increased its stake in shares of Taiwan Semiconductor Manufacturing by 77.8% in the 4th quarter. Forte Capital LLC ADV now owns 7,738 shares of the semiconductor company’s stock valued at $1,528,000 after buying an additional 3,385 shares during the period. ING Groep NV increased its stake in shares of Taiwan Semiconductor Manufacturing by 5.3% in the 4th quarter. ING Groep NV now owns 18,617 shares of the semiconductor company’s stock valued at $3,677,000 after buying an additional 932 shares during the period. Finally, First Bank & Trust increased its stake in shares of Taiwan Semiconductor Manufacturing by 12.1% in the 4th quarter. First Bank & Trust now owns 3,948 shares of the semiconductor company’s stock valued at $780,000 after buying an additional 427 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 0.5 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $199.94 on Friday. 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 12 month low of $122.91 and a 12 month high of $226.40. The business has a fifty day simple moving average of $205.85 and a 200 day simple moving average of $190.22. The stock has a market cap of $1.04 trillion, a PE ratio of 28.40, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. Research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid a $0.6855 dividend. This represents a $2.74 dividend on an annualized basis and a yield of 1.37%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s payout ratio is presently 27.27%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TSM shares. Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday. Two 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 a consensus rating of “Moderate Buy” and a consensus 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.