Clarendon Private LLC Buys New Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Clarendon Private LLC purchased a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, Holdings Channel reports. The firm purchased 1,488 shares of the semiconductor company’s stock, valued at approximately $294,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. ProShare Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 25.2% in the 2nd quarter. ProShare Advisors LLC now owns 1,935 shares of the semiconductor company’s stock valued at $336,000 after acquiring an additional 390 shares in the last quarter. Xponance Inc. lifted its position in Taiwan Semiconductor Manufacturing by 12.3% in the second quarter. Xponance Inc. now owns 5,209 shares of the semiconductor company’s stock worth $905,000 after purchasing an additional 572 shares during the period. Lighthouse Investment Partners LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth $362,000. Scientech Research LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $1,321,000. Finally, First County Bank CT bought a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $226,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 1.3 %

Taiwan Semiconductor Manufacturing stock opened at $221.73 on Friday. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $112.61 and a one year high of $226.40. The company has a market cap of $1.15 trillion, a price-to-earnings ratio of 31.50, a P/E/G ratio of 0.74 and a beta of 1.07. 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 firm has a 50-day moving average of $201.07 and a 200-day moving average of $185.75.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates 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, equities 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. Shareholders 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 represents a $2.19 dividend on an annualized basis and a yield of 0.99%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 27.27%.

Analyst Ratings Changes

Several research analysts recently issued reports on TSM shares. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. 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. 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 report on Friday, January 17th. Finally, StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Monday, January 20th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.