Albert D Mason Inc. Buys 163 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Albert D Mason Inc. raised its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,647 shares of the semiconductor company’s stock after acquiring an additional 163 shares during the period. Albert D Mason Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,510,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Trinity Street Asset Management LLP increased its position in shares of Taiwan Semiconductor Manufacturing by 7.5% during the 4th quarter. Trinity Street Asset Management LLP now owns 947,805 shares of the semiconductor company’s stock worth $187,182,000 after purchasing an additional 66,300 shares in the last quarter. Somerset Trust Co increased its holdings in shares of Taiwan Semiconductor Manufacturing by 5.2% during the fourth quarter. Somerset Trust Co now owns 5,674 shares of the semiconductor company’s stock worth $1,121,000 after buying an additional 279 shares in the last quarter. Merit Financial Group LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 64.3% during the fourth quarter. Merit Financial Group LLC now owns 10,937 shares of the semiconductor company’s stock worth $2,160,000 after buying an additional 4,281 shares in the last quarter. Chemistry Wealth Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $267,000. Finally, Wealthcare Advisory Partners LLC grew its position in Taiwan Semiconductor Manufacturing by 4.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,531 shares of the semiconductor company’s stock worth $1,092,000 after acquiring an additional 254 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TSM has been the subject of a number of research analyst reports. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. Finally, Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Down 1.5 %

Taiwan Semiconductor Manufacturing stock opened at $211.52 on Friday. The company has a 50 day moving average of $197.81 and a 200-day moving average of $184.17. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $109.48 and a twelve month high of $222.20. The stock has a market capitalization of $1.10 trillion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared 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 is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.04%. Taiwan Semiconductor Manufacturing’s payout ratio is 30.77%.

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.