Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Purchased by Sanibel Captiva Trust Company Inc.

Sanibel Captiva Trust Company Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.0% in the 4th quarter, HoldingsChannel reports. The fund owned 26,985 shares of the semiconductor company’s stock after acquiring an additional 276 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $5,329,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Blair William & Co. IL raised its stake in Taiwan Semiconductor Manufacturing by 24.2% in the second quarter. Blair William & Co. IL now owns 79,627 shares of the semiconductor company’s stock valued at $13,840,000 after buying an additional 15,522 shares in the last quarter. Waterloo Capital L.P. raised its position in shares of Taiwan Semiconductor Manufacturing by 11.2% during the 2nd quarter. Waterloo Capital L.P. now owns 1,810 shares of the semiconductor company’s stock worth $315,000 after acquiring an additional 182 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its position in shares of Taiwan Semiconductor Manufacturing by 1,410.4% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,163 shares of the semiconductor company’s stock worth $202,000 after acquiring an additional 1,086 shares in the last quarter. Inspire Investing LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 32.3% in the second quarter. Inspire Investing LLC now owns 11,286 shares of the semiconductor company’s stock valued at $1,962,000 after purchasing an additional 2,754 shares in the last quarter. Finally, ProVise Management Group LLC increased its stake in Taiwan Semiconductor Manufacturing by 5.3% in the second quarter. ProVise Management Group LLC now owns 1,769 shares of the semiconductor company’s stock valued at $307,000 after purchasing an additional 89 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Needham & Company LLC restated a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday. Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday. Finally, StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $211.52 on Friday. The stock’s 50-day moving average price is $197.81 and its 200 day moving average price is $184.17. 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 stock has a market capitalization of $1.10 trillion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $109.48 and a 52-week high of $222.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. As a group, equities research analysts forecast 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 $0.5484 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 1.04%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 30.77%.

About Taiwan Semiconductor Manufacturing

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.