Peoples Bank KS Sells 490 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Peoples Bank KS trimmed its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 7.8% during the 4th quarter, Holdings Channel reports. The firm owned 5,825 shares of the semiconductor company’s stock after selling 490 shares during the period. Peoples Bank KS’s holdings in Taiwan Semiconductor Manufacturing were worth $1,150,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Birch Capital Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.4% in the fourth quarter. Birch Capital Management LLC now owns 19,345 shares of the semiconductor company’s stock valued at $3,820,000 after acquiring an additional 85 shares in the last quarter. Fortem Financial Group LLC raised its stake in Taiwan Semiconductor Manufacturing by 4.8% during the 4th quarter. Fortem Financial Group LLC now owns 8,985 shares of the semiconductor company’s stock valued at $1,774,000 after purchasing an additional 409 shares during the period. Capital Market Strategies LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 8.2% in the 4th quarter. Capital Market Strategies LLC now owns 12,311 shares of the semiconductor company’s stock worth $2,431,000 after purchasing an additional 935 shares in the last quarter. Silverleafe Capital Partners LLC bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $893,000. Finally, Modus Advisors LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 4.2% during the fourth quarter. Modus Advisors LLC now owns 3,534 shares of the semiconductor company’s stock valued at $698,000 after buying an additional 144 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 3.8 %

Shares of NYSE TSM opened at $211.75 on Wednesday. The stock has a market capitalization of $1.10 trillion, a price-to-earnings ratio of 33.93, a P/E/G ratio of 0.93 and a beta of 1.07. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $99.98 and a 12-month high of $222.20. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $196.05 and its 200-day moving average price is $182.61.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.20. The business had revenue of $23.50 billion during the quarter, compared to analyst estimates of $22.72 billion. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 6.95 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, April 10th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.5484 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. 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 1.04%. Taiwan Semiconductor Manufacturing’s payout ratio is 35.10%.

Analyst Upgrades and Downgrades

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