Values First Advisors Inc. Purchases 1,277 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Values First Advisors Inc. grew its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 34.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,032 shares of the semiconductor company’s stock after buying an additional 1,277 shares during the quarter. Values First Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in TSM. LGT Capital Partners LTD. lifted its position in shares of Taiwan Semiconductor Manufacturing by 6.1% during the fourth quarter. LGT Capital Partners LTD. now owns 1,648,910 shares of the semiconductor company’s stock worth $171,487,000 after purchasing an additional 94,120 shares in the last quarter. Ritholtz Wealth Management lifted its position in shares of Taiwan Semiconductor Manufacturing by 11.9% during the fourth quarter. Ritholtz Wealth Management now owns 57,293 shares of the semiconductor company’s stock worth $5,959,000 after purchasing an additional 6,101 shares in the last quarter. Trueblood Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $679,000. FLC Capital Advisors lifted its position in shares of Taiwan Semiconductor Manufacturing by 13.6% during the fourth quarter. FLC Capital Advisors now owns 7,847 shares of the semiconductor company’s stock worth $816,000 after purchasing an additional 940 shares in the last quarter. Finally, MJP Associates Inc. ADV acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $289,000. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Trading Down 0.5 %

TSM traded down $0.64 during mid-day trading on Thursday, hitting $136.05. The stock had a trading volume of 9,919,903 shares, compared to its average volume of 15,691,698. The stock’s fifty day simple moving average is $129.10 and its 200-day simple moving average is $106.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.40 and a quick ratio of 2.13. The firm has a market capitalization of $705.61 billion, a price-to-earnings ratio of 26.28, a price-to-earnings-growth ratio of 1.06 and a beta of 1.15. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $81.21 and a 1-year high of $158.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, January 18th. The semiconductor company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.07. Taiwan Semiconductor Manufacturing had a net margin of 38.80% and a return on equity of 25.24%. The company had revenue of $19.62 billion for the quarter, compared to analyst estimates of $18.99 billion. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 6.16 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Stockholders of record on Thursday, June 13th will be given a dividend of $0.4408 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Thursday, June 13th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 33.78%.

Wall Street Analysts Forecast Growth

TSM has been the topic of several analyst reports. Needham & Company LLC increased their price objective on shares of Taiwan Semiconductor Manufacturing from $115.00 to $133.00 and gave the company a “buy” rating in a report on Friday, January 19th. StockNews.com upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Friday, December 8th. Barclays increased their price objective on shares of Taiwan Semiconductor Manufacturing from $110.00 to $125.00 and gave the company an “overweight” rating in a report on Friday, January 19th. Susquehanna increased their price objective on shares of Taiwan Semiconductor Manufacturing from $130.00 to $160.00 and gave the company a “positive” rating in a report on Tuesday, February 13th. Finally, TD Cowen increased their price objective on shares of Taiwan Semiconductor Manufacturing from $85.00 to $95.00 and gave the company a “market perform” rating in a report on Friday, January 12th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.25.

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 complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors.