Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Schrum Private Wealth Management LLC

Schrum Private Wealth Management LLC decreased its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 42.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 8,101 shares of the semiconductor company’s stock after selling 5,863 shares during the period. Taiwan Semiconductor Manufacturing makes up about 1.4% of Schrum Private Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Schrum Private Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,600,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Stonebridge Financial Group LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $25,000. Roxbury Financial LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $29,000. Archer Investment Corp lifted its stake in Taiwan Semiconductor Manufacturing by 48.1% in the 3rd quarter. Archer Investment Corp now owns 191 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 62 shares in the last quarter. American Capital Advisory LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the third quarter valued at $38,000. Finally, OLD Second National Bank of Aurora raised its position in shares of Taiwan Semiconductor Manufacturing by 169.8% in the third quarter. OLD Second National Bank of Aurora now owns 232 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 146 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $184.33 on Thursday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40. The stock has a 50-day moving average of $203.09 and a 200-day moving average of $191.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The company has a market cap of $956.03 billion, a PE ratio of 26.18, a P/E/G ratio of 0.66 and a beta of 1.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, topping the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 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, July 10th. Investors of record on Thursday, June 12th will be given a $0.6855 dividend. This represents a $2.74 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 31.11%.

Wall Street Analysts Forecast Growth

TSM has been the subject of a number of research reports. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Needham & Company LLC restated a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, Barclays boosted their price target 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average 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.