Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 9.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,317 shares of the semiconductor company’s stock after purchasing an additional 200 shares during the period. Nisa Investment Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $386,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. City Holding Co. increased its position in shares of Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 119 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $31,000. Signature Resources Capital Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 138.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 111 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its position in shares of Taiwan Semiconductor Manufacturing by 289.4% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 183 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 136 shares during the last quarter. Finally, Nemes Rush Group LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 1,810.0% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 181 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Needham & Company LLC increased their target price on shares of Taiwan Semiconductor Manufacturing from $225.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, July 1st. Susquehanna set a $265.00 target price on shares of Taiwan Semiconductor Manufacturing and gave the company a “positive” rating in a research report on Monday. Finally, Barclays reaffirmed an “overweight” rating and issued a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and a consensus target price of $236.25.

Taiwan Semiconductor Manufacturing Trading Up 0.3%

NYSE TSM opened at $237.72 on Thursday. The company has a market capitalization of $1.23 trillion, a price-to-earnings ratio of 30.56, a price-to-earnings-growth ratio of 1.28 and a beta of 1.29. The firm’s fifty day moving average price is $210.05 and its 200 day moving average price is $193.12. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.39 and a quick ratio of 2.18. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $133.57 and a 12 month high of $238.31.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.09. The firm had revenue of $25.82 billion during the quarter, compared to analysts’ expectations of $834.10 billion. Taiwan Semiconductor Manufacturing had a net margin of 41.67% and a return on equity of 31.43%. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.6499 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Tuesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 31.75%.

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.