Dynamic Advisor Solutions LLC Sells 624 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Dynamic Advisor Solutions LLC lowered its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMGet Rating) by 5.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,580 shares of the semiconductor company’s stock after selling 624 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,103,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rise Advisors LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $26,000. Curi Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $28,000. Asset Dedication LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 176.2% during the fourth quarter. Asset Dedication LLC now owns 290 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 185 shares during the period. Rather & Kittrell Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $37,000. Finally, Retirement Planning Co of New England Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $37,000.

NYSE:TSM opened at $84.91 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.85 and a current ratio of 2.09. The firm has a market cap of $440.35 billion, a price-to-earnings ratio of 18.62 and a beta of 0.94. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $83.95 and a 52 week high of $145.00. The firm has a 50-day moving average price of $91.94 and a two-hundred day moving average price of $107.72.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Rating) last posted its quarterly earnings data on Thursday, April 14th. The semiconductor company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.31 by $0.09. The firm had revenue of $491.08 billion during the quarter, compared to analyst estimates of $471.53 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.44% and a return on equity of 30.84%. The company’s revenue for the quarter was up 35.5% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 5.93 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 13th. Shareholders of record on Friday, September 16th will be paid a $0.4625 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. The ex-dividend date is Thursday, September 15th. This represents a $1.85 annualized dividend and a yield of 2.18%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 32.46%.

Several equities analysts have recently weighed in on TSM shares. lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Thursday, April 14th. Loop Capital initiated coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday. They issued a “buy” rating on the stock. Needham & Company LLC restated a “buy” rating and issued a $125.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 14th. Finally, StockNews.com initiated coverage on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, March 31st. They issued a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of “Moderate Buy” and a consensus price target of $137.50.

Taiwan Semiconductor Manufacturing Company Profile (Get Rating)

Taiwan Semiconductor Manufacturing Company Limited 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 complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors.

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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