Moser Wealth Advisors LLC Acquires 425 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Moser Wealth Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 44.0% during the 4th quarter, Holdings Channel reports. The firm owned 1,390 shares of the semiconductor company’s stock after acquiring an additional 425 shares during the period. Moser Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $275,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Northeast Investment Management grew its position in shares of Taiwan Semiconductor Manufacturing by 33.9% during the 4th quarter. Northeast Investment Management now owns 5,901 shares of the semiconductor company’s stock worth $1,165,000 after buying an additional 1,495 shares during the period. RFP Financial Group LLC bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $205,000. Empowered Funds LLC grew its holdings in Taiwan Semiconductor Manufacturing by 25.8% during the fourth quarter. Empowered Funds LLC now owns 25,253 shares of the semiconductor company’s stock valued at $4,987,000 after purchasing an additional 5,180 shares during the period. Pacific Wealth Strategies Group Inc. bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $1,002,000. Finally, Farmers & Merchants Investments Inc. raised its holdings in Taiwan Semiconductor Manufacturing by 3.7% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 86,962 shares of the semiconductor company’s stock worth $17,174,000 after purchasing an additional 3,078 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $206.25 on Friday. The stock has a market cap of $1.07 trillion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06. The stock has a 50-day moving average price of $204.71 and a two-hundred day moving average price of $187.47. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $122.91 and a 1 year high of $226.40. 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 announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating 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%. Equities analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.06%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 27.27%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TSM shares. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Needham & Company LLC restated a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $220.00.

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.