Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Sold by Advisors Preferred LLC

Advisors Preferred LLC decreased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 30.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 308 shares of the semiconductor company’s stock after selling 135 shares during the period. Advisors Preferred LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $62,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of TSM. Accel Wealth Management boosted its holdings in Taiwan Semiconductor Manufacturing by 2.5% in the fourth quarter. Accel Wealth Management now owns 2,037 shares of the semiconductor company’s stock valued at $402,000 after purchasing an additional 49 shares during the last quarter. FWG Holdings LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 1.6% during the 3rd quarter. FWG Holdings LLC now owns 3,106 shares of the semiconductor company’s stock worth $539,000 after purchasing an additional 50 shares during the last quarter. Elmwood Wealth Management Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 3.7% in the 4th quarter. Elmwood Wealth Management Inc. now owns 1,405 shares of the semiconductor company’s stock worth $277,000 after buying an additional 50 shares during the last quarter. Gilman Hill Asset Management LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 3.3% during the fourth quarter. Gilman Hill Asset Management LLC now owns 1,614 shares of the semiconductor company’s stock valued at $319,000 after acquiring an additional 52 shares during the last quarter. Finally, Traynor Capital Management Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 3.4% in the fourth quarter. Traynor Capital Management Inc. now owns 1,566 shares of the semiconductor company’s stock worth $309,000 after acquiring an additional 52 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Down 2.0 %

TSM stock opened at $206.25 on Friday. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $122.91 and a twelve month high of $226.40. The stock has a market cap of $1.07 trillion, a P/E ratio of 29.30, a PEG ratio of 0.70 and a beta of 1.06. The company’s 50 day moving average is $204.71 and its two-hundred day moving average is $187.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 27.27%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Barclays raised 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 note on Friday, January 17th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and an average target price of $220.00.

Taiwan Semiconductor Manufacturing 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.