Endeavor Private Wealth Inc. Takes $40,000 Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Endeavor Private Wealth Inc. purchased a new stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 204 shares of the semiconductor company’s stock, valued at approximately $40,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of TSM. ProShare Advisors LLC lifted its position in shares of 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 holdings in shares of Taiwan Semiconductor Manufacturing by 12.3% in the second quarter. Xponance Inc. now owns 5,209 shares of the semiconductor company’s stock valued at $905,000 after purchasing an additional 572 shares in the last quarter. Bwcp LP boosted its position in shares of Taiwan Semiconductor Manufacturing by 48.0% in the second quarter. Bwcp LP now owns 139,501 shares of the semiconductor company’s stock worth $24,247,000 after buying an additional 45,241 shares during the period. Insigneo Advisory Services LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 27.3% during the second quarter. Insigneo Advisory Services LLC now owns 10,435 shares of the semiconductor company’s stock valued at $1,814,000 after buying an additional 2,236 shares in the last quarter. Finally, Fred Alger Management LLC raised its position in Taiwan Semiconductor Manufacturing by 1.2% during the second quarter. Fred Alger Management LLC now owns 1,905,729 shares of the semiconductor company’s stock valued at $331,235,000 after buying an additional 22,743 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on TSM shares. StockNews.com upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Monday. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, Susquehanna reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Trading Up 2.1 %

Shares of NYSE:TSM opened at $223.33 on Thursday. Taiwan Semiconductor Manufacturing Company Limited has a 1 year low of $112.61 and a 1 year high of $225.43. The firm has a fifty day moving average price of $199.64 and a 200 day moving average price of $185.24. The stock has a market capitalization of $1.16 trillion, a PE ratio of 31.72, a P/E/G ratio of 0.72 and a beta of 1.07. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data 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%. Analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 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. Investors of record on Tuesday, March 18th will be issued a dividend of $0.5484 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. This represents a $2.19 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 27.27%.

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.