Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Bought by Sendero Wealth Management LLC

Sendero Wealth Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 10.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,901 shares of the semiconductor company’s stock after purchasing an additional 630 shares during the period. Sendero Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,363,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TSM. Private Client Services LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at $201,000. Trust Co of the South lifted its holdings in Taiwan Semiconductor Manufacturing by 232.8% in the 4th quarter. Trust Co of the South now owns 8,869 shares of the semiconductor company’s stock valued at $1,752,000 after purchasing an additional 6,204 shares in the last quarter. Headwater Capital Co Ltd purchased a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $49,372,000. NRI Wealth Management LC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth about $1,545,000. Finally, HF Advisory Group LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 55.5% during the third quarter. HF Advisory Group LLC now owns 13,755 shares of the semiconductor company’s stock worth $2,389,000 after buying an additional 4,907 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Up 2.7 %

Shares of NYSE TSM opened at $206.93 on Thursday. The stock has a market capitalization of $1.07 trillion, a PE ratio of 33.16, a P/E/G ratio of 0.76 and a beta of 1.07. 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 has a fifty day moving average of $197.26 and a 200-day moving average of $183.79. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $100.00 and a 52-week high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.20. The firm had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. On average, analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.06%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s payout ratio is presently 30.77%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TSM. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $214.00.

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.