Trust Co. of Vermont Purchases 16,376 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Trust Co. of Vermont increased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 51.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,475 shares of the semiconductor company’s stock after acquiring an additional 16,376 shares during the quarter. Trust Co. of Vermont’s holdings in Taiwan Semiconductor Manufacturing were worth $9,573,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blair William & Co. IL grew its stake in shares of Taiwan Semiconductor Manufacturing by 24.2% in the second quarter. Blair William & Co. IL now owns 79,627 shares of the semiconductor company’s stock worth $13,840,000 after acquiring an additional 15,522 shares during the last quarter. Waterloo Capital L.P. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 11.2% during the 2nd quarter. Waterloo Capital L.P. now owns 1,810 shares of the semiconductor company’s stock worth $315,000 after purchasing an additional 182 shares during the period. Glass Jacobson Investment Advisors llc raised its position in shares of Taiwan Semiconductor Manufacturing by 1,410.4% during the second quarter. Glass Jacobson Investment Advisors llc now owns 1,163 shares of the semiconductor company’s stock valued at $202,000 after buying an additional 1,086 shares during the last quarter. Inspire Investing LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 32.3% in the second quarter. Inspire Investing LLC now owns 11,286 shares of the semiconductor company’s stock valued at $1,962,000 after buying an additional 2,754 shares during the period. Finally, ProVise Management Group LLC grew its position in Taiwan Semiconductor Manufacturing by 5.3% during the second quarter. ProVise Management Group LLC now owns 1,769 shares of the semiconductor company’s stock worth $307,000 after buying an additional 89 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday. Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday. Finally, StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock traded down $3.27 during trading hours on Friday, hitting $211.52. 21,549,070 shares of the stock were exchanged, compared to its average volume of 11,245,926. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $109.48 and a 12 month high of $222.20. The business’s 50-day moving average is $197.81 and its two-hundred day moving average is $184.17. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The stock has a market capitalization of $1.10 trillion, a P/E ratio of 33.90, a P/E/G ratio of 0.76 and a beta of 1.07.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released 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 27.44% and a net margin of 39.10%. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 6.92 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business 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 $0.5484 dividend. This represents a $2.19 annualized dividend and a yield of 1.04%. 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 dividend payout ratio (DPR) is presently 30.77%.

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.