Atria Investments Inc Boosts Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Atria Investments Inc increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 148,736 shares of the semiconductor company’s stock after acquiring an additional 4,389 shares during the period. Atria Investments Inc’s holdings in Taiwan Semiconductor Manufacturing were worth $29,374,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Accel Wealth Management grew its stake in shares of Taiwan Semiconductor Manufacturing by 2.5% during the 4th quarter. Accel Wealth Management now owns 2,037 shares of the semiconductor company’s stock worth $402,000 after purchasing an additional 49 shares during the period. FWG Holdings LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 1.6% during the third quarter. FWG Holdings LLC now owns 3,106 shares of the semiconductor company’s stock worth $539,000 after buying an additional 50 shares in the last quarter. Elmwood Wealth Management Inc. grew its position in Taiwan Semiconductor Manufacturing by 3.7% during the fourth quarter. Elmwood Wealth Management Inc. now owns 1,405 shares of the semiconductor company’s stock worth $277,000 after buying an additional 50 shares during the period. WP Advisors LLC increased its holdings in Taiwan Semiconductor Manufacturing by 1.2% in the fourth quarter. WP Advisors LLC now owns 4,271 shares of the semiconductor company’s stock valued at $843,000 after buying an additional 50 shares in the last quarter. Finally, Gilman Hill Asset Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 3.3% during the 4th quarter. Gilman Hill Asset Management LLC now owns 1,614 shares of the semiconductor company’s stock valued at $319,000 after acquiring an additional 52 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TSM. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Barclays upped their target price 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 target on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 4.2 %

TSM opened at $180.16 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The stock has a market capitalization of $934.41 billion, a price-to-earnings ratio of 25.59, a price-to-earnings-growth ratio of 0.66 and a beta of 1.06. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $125.78 and a 12 month high of $226.40. The business has a 50-day moving average of $203.53 and a two-hundred day moving average of $191.77.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (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%. On average, research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share 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. Investors of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date is Thursday, June 12th. This represents a $2.74 annualized dividend and a dividend yield of 1.52%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 31.11%.

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.