Ewa LLC Purchases 106 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Ewa LLC raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 8.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,333 shares of the semiconductor company’s stock after acquiring an additional 106 shares during the period. Ewa LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Gateway Investment Advisers LLC purchased a new position in Taiwan Semiconductor Manufacturing in the second quarter worth about $325,000. RFG Advisory LLC raised its holdings in Taiwan Semiconductor Manufacturing by 64.6% during the 2nd quarter. RFG Advisory LLC now owns 4,338 shares of the semiconductor company’s stock valued at $754,000 after buying an additional 1,703 shares during the period. Park National Corp OH bought a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth $417,000. Dynamic Advisor Solutions LLC boosted its stake in Taiwan Semiconductor Manufacturing by 33.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 20,026 shares of the semiconductor company’s stock worth $3,481,000 after buying an additional 5,025 shares during the period. Finally, Sequoia Financial Advisors LLC increased its position in Taiwan Semiconductor Manufacturing by 0.8% during the second quarter. Sequoia Financial Advisors LLC now owns 42,730 shares of the semiconductor company’s stock valued at $7,427,000 after acquiring an additional 358 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $203.02 on Monday. The firm has a market cap of $1.05 trillion, a price-to-earnings ratio of 32.54, a PEG ratio of 0.94 and a beta of 1.09. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $97.89 and a one year high of $212.60. The firm’s fifty day moving average is $191.11 and its two-hundred day moving average is $176.97. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. The business had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $22.72 billion. Research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This represents a $2.19 annualized dividend and a yield of 1.08%. The ex-dividend date is Tuesday, March 18th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s payout ratio is 31.57%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Barclays lifted their price target on shares of Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Needham & Company LLC reaffirmed a “buy” rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Finally, Susquehanna restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of “Moderate Buy” and an average price target of $214.00.

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.