Impact Partnership Wealth LLC Has $247,000 Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Impact Partnership Wealth LLC reduced its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,253 shares of the semiconductor company’s stock after selling 91 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $247,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Reston Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing in the third quarter worth $25,000. Sugarloaf Wealth Management LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 77.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 186 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 81 shares during the last quarter. Archer Investment Corp lifted its position in Taiwan Semiconductor Manufacturing by 48.1% during the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after buying an additional 62 shares in the last quarter. American Capital Advisory LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth about $38,000. Finally, OLD Second National Bank of Aurora increased its position in Taiwan Semiconductor Manufacturing by 169.8% in the 3rd quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 146 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TSM. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Monday, January 20th. Finally, Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing Trading Down 1.3 %

Shares of NYSE TSM opened at $221.73 on Friday. The company’s 50 day simple moving average is $200.35 and its 200 day simple moving average is $185.51. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $112.61 and a fifty-two week high of $226.40. The firm has a market capitalization of $1.15 trillion, a P/E ratio of 31.50, a P/E/G ratio of 0.74 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly 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 30.47% and a net margin of 40.51%. On average, analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders 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 boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 dividend on an annualized basis and a dividend yield of 0.99%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 27.27%.

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.