FWG Holdings LLC Grows Stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

FWG Holdings LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 41.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,379 shares of the semiconductor company’s stock after purchasing an additional 1,273 shares during the period. FWG Holdings LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $875,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Mount Yale Investment Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 4.3% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock valued at $7,052,000 after buying an additional 1,476 shares during the last quarter. McHugh Group LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $605,000. OLD National Bancorp IN lifted its holdings in Taiwan Semiconductor Manufacturing by 2.1% during the fourth quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock valued at $22,357,000 after purchasing an additional 2,368 shares during the last quarter. Hardman Johnston Global Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 7.6% during the fourth quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company’s stock worth $75,329,000 after purchasing an additional 26,847 shares during the period. Finally, Private Client Services LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth about $201,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $176.58 on Monday. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $125.78 and a 52-week high of $226.40. The stock has a fifty day moving average of $202.05 and a 200 day moving average of $191.90. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The firm has a market capitalization of $915.80 billion, a price-to-earnings ratio of 25.08, a P/E/G ratio of 0.66 and a beta of 1.13.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share 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, research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. The ex-dividend date of this dividend is Thursday, June 12th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 annualized dividend and a dividend yield of 1.55%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 30.68%.

Wall Street Analyst Weigh In

TSM has been the topic of several recent research reports. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, February 18th. Finally, Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $220.00.

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.