Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Bought by Mather Group LLC.

Mather Group LLC. lifted its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Rating) by 4.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,553 shares of the semiconductor company’s stock after acquiring an additional 237 shares during the quarter. Mather Group LLC.’s holdings in Taiwan Semiconductor Manufacturing were worth $381,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TSM. Pinnacle Holdings LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $25,000. Investors Asset Management of Georgia Inc. GA ADV lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 121.2% in the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 365 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Zeal Asset Management Ltd bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $28,000. Lowe Wealth Advisors LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $31,000. Finally, CoreCap Advisors LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 16.79% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Up 1.8 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $89.29 on Wednesday. The business’s fifty day moving average price is $89.61 and its two-hundred day moving average price is $79.53. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.94. The company has a market capitalization of $463.07 billion, a P/E ratio of 13.61, a PEG ratio of 0.78 and a beta of 1.10. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $59.43 and a 1-year high of $109.75.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Rating) last announced its earnings results on Thursday, January 12th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.02. Taiwan Semiconductor Manufacturing had a return on equity of 37.99% and a net margin of 44.81%. The firm had revenue of $19.93 billion for the quarter, compared to the consensus estimate of $20.29 billion. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 5.58 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 13th. Stockholders of record on Friday, June 16th will be paid a $0.3597 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Thursday, June 15th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 21.49%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Friday, March 10th. Erste Group Bank raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Friday, November 18th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $90.25.

Taiwan Semiconductor Manufacturing Profile

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Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products, information applications, wired and wireless communications systems products, and automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras.