Mount Yale Investment Advisors LLC Has $7.05 Million Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Mount Yale Investment Advisors LLC raised its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,709 shares of the semiconductor company’s stock after acquiring an additional 1,476 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 0.6% of Mount Yale Investment Advisors LLC’s investment portfolio, making the stock its 25th largest holding. Mount Yale Investment Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $7,052,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. ProShare Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 25.2% in the second quarter. ProShare Advisors LLC now owns 1,935 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 390 shares during the last quarter. Xponance Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 12.3% during the 2nd quarter. Xponance Inc. now owns 5,209 shares of the semiconductor company’s stock worth $905,000 after buying an additional 572 shares during the period. Lighthouse Investment Partners LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at about $362,000. Ascent Group LLC raised its holdings in Taiwan Semiconductor Manufacturing by 11.8% in the 2nd quarter. Ascent Group LLC now owns 4,993 shares of the semiconductor company’s stock valued at $868,000 after acquiring an additional 525 shares during the period. Finally, Full Sail Capital LLC lifted its position in Taiwan Semiconductor Manufacturing by 5.3% during the second quarter. Full Sail Capital LLC now owns 2,455 shares of the semiconductor company’s stock worth $427,000 after acquiring an additional 123 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on TSM. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. StockNews.com upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 1.3 %

Shares of NYSE TSM opened at $221.73 on Monday. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $112.61 and a 52 week high of $226.40. The stock’s fifty day moving average is $201.07 and its 200 day moving average is $185.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The stock has a market capitalization of $1.15 trillion, a P/E ratio of 31.50, a PEG ratio of 0.74 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a $0.5484 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 0.99%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 27.27%.

Taiwan Semiconductor Manufacturing 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.