Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by First American Trust FSB

First American Trust FSB boosted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 25.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,289 shares of the semiconductor company’s stock after buying an additional 663 shares during the quarter. First American Trust FSB’s holdings in Taiwan Semiconductor Manufacturing were worth $650,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TSM. Kingsview Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 5.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,935 shares of the semiconductor company’s stock valued at $2,941,000 after acquiring an additional 849 shares in the last quarter. Larson Financial Group LLC increased its stake in Taiwan Semiconductor Manufacturing by 153.4% during the third quarter. Larson Financial Group LLC now owns 2,035 shares of the semiconductor company’s stock valued at $353,000 after purchasing an additional 1,232 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 20.1% during the third quarter. Centaurus Financial Inc. now owns 15,449 shares of the semiconductor company’s stock worth $2,683,000 after purchasing an additional 2,590 shares during the period. Summit Trail Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 51.9% in the 3rd quarter. Summit Trail Advisors LLC now owns 3,839 shares of the semiconductor company’s stock worth $669,000 after buying an additional 1,311 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 23,148 shares of the semiconductor company’s stock valued at $4,021,000 after buying an additional 1,600 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analyst Ratings Changes

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

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM opened at $181.29 on Tuesday. The company has a 50-day moving average price of $195.27 and a two-hundred day moving average price of $192.45. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $125.78 and a 52 week high of $226.40. The stock has a market cap of $940.27 billion, a price-to-earnings ratio of 25.75, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13. 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 (NYSE:TSM) last issued its quarterly earnings data 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%. Analysts forecast 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. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.51%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 30.68%.

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.