Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Dearborn Partners LLC

Dearborn Partners LLC increased its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,266 shares of the semiconductor company’s stock after buying an additional 105 shares during the quarter. Dearborn Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $645,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. CWA Asset Management Group LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $425,000. Sigma Planning Corp lifted its position in Taiwan Semiconductor Manufacturing by 11.6% during the third quarter. Sigma Planning Corp now owns 13,315 shares of the semiconductor company’s stock valued at $2,313,000 after purchasing an additional 1,389 shares during the period. Ashton Thomas Securities LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at about $77,000. Nations Financial Group Inc. IA ADV raised its stake in shares of Taiwan Semiconductor Manufacturing by 3.5% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 8,888 shares of the semiconductor company’s stock valued at $1,544,000 after buying an additional 299 shares during the last quarter. Finally, Keystone Financial Services boosted its stake in shares of Taiwan Semiconductor Manufacturing by 11.6% in the third quarter. Keystone Financial Services now owns 1,403 shares of the semiconductor company’s stock worth $244,000 after buying an additional 146 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Up 0.4 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $171.30 on Wednesday. The company has a current ratio of 2.57, a quick ratio of 2.30 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 firm has a market capitalization of $888.45 billion, a PE ratio of 24.33, a P/E/G ratio of 0.66 and a beta of 1.13. The firm’s 50-day moving average price is $200.93 and its 200 day moving average price is $191.93.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its 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 return on equity of 30.47% and a net margin of 40.51%. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.60%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 30.68%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and set a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, February 18th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Finally, Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Two equities research 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, Taiwan Semiconductor Manufacturing has a consensus rating of “Moderate Buy” and an average target price of $220.00.

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.