345 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Purchased by Halbert Hargrove Global Advisors LLC

Halbert Hargrove Global Advisors LLC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 345 shares of the semiconductor company’s stock, valued at approximately $68,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mount Yale Investment Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 4.3% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock worth $7,052,000 after acquiring an additional 1,476 shares in the last quarter. McHugh Group LLC bought a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $605,000. OLD National Bancorp IN raised its holdings in Taiwan Semiconductor Manufacturing by 2.1% during the fourth quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock worth $22,357,000 after acquiring an additional 2,368 shares in the last quarter. Hardman Johnston Global Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 7.6% in the 4th quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company’s stock valued at $75,329,000 after purchasing an additional 26,847 shares during the period. Finally, Private Client Services LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $201,000. Institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Barclays raised their price target 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 reaffirmed a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 0.5 %

Taiwan Semiconductor Manufacturing stock opened at $180.10 on Friday. The stock has a market cap of $934.05 billion, a P/E ratio of 25.58, a P/E/G ratio of 0.66 and a beta of 1.06. 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 twelve month low of $125.78 and a twelve month high of $226.40. The company’s 50-day moving average price is $204.74 and its two-hundred day moving average price is $191.59.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating 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%. As a group, analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This represents a $2.74 dividend on an annualized basis and a yield of 1.52%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 31.11%.

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.