Nations Financial Group Inc. IA ADV Purchases 124 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Nations Financial Group Inc. IA ADV lifted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,732 shares of the semiconductor company’s stock after acquiring an additional 124 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Taiwan Semiconductor Manufacturing were worth $1,012,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TSM. Van ECK Associates Corp boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 29.6% in the third quarter. Van ECK Associates Corp now owns 14,795,582 shares of the semiconductor company’s stock worth $1,285,736,000 after acquiring an additional 3,381,514 shares during the period. Morgan Stanley boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.2% in the third quarter. Morgan Stanley now owns 23,804,180 shares of the semiconductor company’s stock worth $2,068,583,000 after acquiring an additional 2,400,882 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 28,443,595 shares of the semiconductor company’s stock worth $2,958,134,000 after acquiring an additional 1,649,279 shares during the period. Lone Pine Capital LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 21.7% in the third quarter. Lone Pine Capital LLC now owns 7,800,152 shares of the semiconductor company’s stock worth $677,833,000 after acquiring an additional 1,389,785 shares during the period. Finally, American Century Companies Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 56.2% in the third quarter. American Century Companies Inc. now owns 3,473,637 shares of the semiconductor company’s stock worth $301,859,000 after acquiring an additional 1,250,290 shares during the period. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Trading Up 1.9 %

Shares of NYSE TSM traded up $2.91 during trading hours on Friday, hitting $160.00. The company’s stock had a trading volume of 11,908,211 shares, compared to its average volume of 11,598,357. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.39. The stock has a market cap of $829.83 billion, a price-to-earnings ratio of 30.48, a P/E/G ratio of 1.15 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $84.01 and a 12 month high of $160.78. The business has a 50-day simple moving average of $142.03 and a 200-day simple moving average of $122.82.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, April 18th. The semiconductor company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.09. The company had revenue of $18.87 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Taiwan Semiconductor Manufacturing had a return on equity of 24.75% and a net margin of 38.15%. On average, analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.13 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be given a dividend of $0.4865 per share. This represents a $1.95 annualized dividend and a yield of 1.22%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.44. The ex-dividend date is Thursday, September 12th. Taiwan Semiconductor Manufacturing’s payout ratio is presently 32.76%.

Analysts Set New Price Targets

A number of research firms have recently commented on TSM. Susquehanna raised their price target on Taiwan Semiconductor Manufacturing from $160.00 to $180.00 and gave the stock a “positive” rating in a report on Tuesday, April 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $168.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday. StockNews.com upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Friday, April 19th. Finally, TD Cowen lifted their price objective on Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the stock a “hold” rating in a report on Thursday, April 18th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $157.00.

About Taiwan Semiconductor Manufacturing

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.