Capital Investment Advisors LLC Purchases 3,871 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Financial Advisors


Capital Investment Advisors LLC acquired new shares in Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE: TSM – Get Rating) in the first quarter, according to the latest Form 13F filed with the SEC. The institutional investor acquired 3,871 shares of the semiconductor company, worth about $360,000.

Several other large investors have also recently added or removed stakes in TSM. Putnam Investments LLC increased its stake in Taiwan Semiconductor Manufacturing Co. by 3.7% during the third quarter. Putnam Investments LLC acquired an additional 5,031 shares in the previous quarter and now owns 141,215 shares of the company, valued at $9,681,000. Financial Management Professionals Inc. increased his stake in Taiwan Semiconductor Manufacturing by 75.9% in the fourth quarter. Financial Management Professionals Inc. acquired an additional 300 shares last quarter and now owns 695 shares of the semiconductor company, valued at $52,000. Stephens Inc. AR increased his stake in Taiwan Semiconductor Manufacturing by 325.8% in the fourth quarter. Stephens Inc. AR now owns 52,688 shares of the company, valued at $3,925,000, after acquiring an additional 40,315 of his shares last quarter. Hall Laurie J Trustee purchased new shares in Taiwan Semiconductor Manufacturing Co. in the first quarter for a value of approximately $36,000. Finally, the South Dakota Investment Council increased its position in Taiwan semiconductor manufacturing by 10.3% during the fourth quarter. The South Dakota Investment Council acquired an additional 1,750 shares during the last quarter and now owns 18,812 shares of the company, valued at $1,401,000. Currently 16.41% of the shares are owned by hedge funds and other institutional investors.

Wall Street analysts forecast growth

Many equity analysts have been paying close attention to stock prices lately. KGI Securities began coverage of Taiwan Semiconductor Manufacturing Co. in its research report on Wednesday, March 29. They gave the company an “outperform” rating. Needham & Company LLC raised its target price for Taiwan Semiconductor Manufacturing Co. Ltd. shares from $110.00 to $118.00 in a report on Thursday, June 1. In a report on Monday, April 17, Susquehanna upgraded Taiwan Semiconductor Manufacturing’s stock from a “neutral” rating to a “positive” rating and set a price target of $126.00. Finally, StockNews.com upgraded Taiwan Semiconductor Circuit Manufacturing’s shares from a ‘hold’ rating to a ‘buy’ rating in a research report on Saturday, June 3rd. One research analyst rated the company as a hold, while six rated the company as a buy. The company’s consensus rating is currently “moderate buy” with an average price target of $101.75, according to data from MarketBeat.com.

Taiwan semiconductor manufacturing inventory rises 1.5%

NYSE TSM shares opened Friday at $103.13. The stock has a market capitalization of $534.84 billion, a P/E of 15.94 times and a beta of 1.10 times. His 50-day moving average for this company is $93.08 and his 200-day moving average is $89.08. Taiwan Semiconductor Circuit Manufacturing Co., Ltd. hit a 52-week low of $59.43 and a 52-week high of $110.69. The company has a debt to equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.29.

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM – Get Rating) last reported quarterly results on Thursday, April 20. The company reported earnings per share (EPS) of $1.31 for the quarter, beating analyst consensus expectations of $1.21 by $0.10. The business had sales of $16.72 billion in the quarter, up from $17.3 billion expected by analysts. Return on equity of Taiwan Semiconductor Circuit Manufacturing was 36.02% and net profit margin was 44.72%. Equity research analysts expect the group as a whole to post earnings per share of 5.32 per share for the current financial year.

Taiwanese integrated circuit manufacturing, dividend increase

The company also recently announced a quarterly dividend to be paid out on Thursday, October 12th. Shareholders of record on Friday, September 15 will be issued a dividend of $0.489 per share for him. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.36. This equates to an annualized dividend of $1.96 and a yield of 1.90%. The ex-dividend date is Thursday, September 14th. The dividend payout ratio of Taiwan Semiconductor Circuit Manufacturing is currently 21.79%.

About Taiwan Semiconductor Circuit Manufacturing

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Taiwan Semiconductor Manufacturing Co., Ltd., 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 overseas. We offer complementary metal oxide silicon wafer fabrication processes for manufacturing logic, mixed-signal, radio frequency, and embedded memory semiconductors.

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Quarterly Institutional Ownership of Taiwan Semiconductor Manufacturing (NYSE:TSM)

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