Callan Family Office LLC Has $1.29 Million Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Callan Family Office LLC raised its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 107.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,450 shares of the semiconductor company’s stock after buying an additional 3,865 shares during the quarter. Callan Family Office LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,294,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TSM. Prudential PLC boosted its holdings in Taiwan Semiconductor Manufacturing by 21.2% in the 4th quarter. Prudential PLC now owns 3,544 shares of the semiconductor company’s stock valued at $369,000 after purchasing an additional 619 shares during the period. Personal CFO Solutions LLC grew its position in Taiwan Semiconductor Manufacturing by 3.0% during the fourth quarter. Personal CFO Solutions LLC now owns 5,943 shares of the semiconductor company’s stock worth $618,000 after buying an additional 173 shares in the last quarter. XML Financial LLC bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $236,000. Cullen Capital Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 26.3% in the 4th quarter. Cullen Capital Management LLC now owns 382,206 shares of the semiconductor company’s stock valued at $39,749,000 after acquiring an additional 79,517 shares in the last quarter. Finally, Sirios Capital Management L P lifted its position in shares of Taiwan Semiconductor Manufacturing by 242.2% during the 4th quarter. Sirios Capital Management L P now owns 66,570 shares of the semiconductor company’s stock valued at $6,923,000 after acquiring an additional 47,117 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 1.8 %

Shares of TSM stock opened at $184.46 on Tuesday. The firm has a market capitalization of $956.69 billion, a P/E ratio of 35.14, a P/E/G ratio of 1.03 and a beta of 1.14. The company has a quick ratio of 2.21, a current ratio of 2.47 and a debt-to-equity ratio of 0.26. The stock’s fifty day simple moving average is $168.72 and its 200 day simple moving average is $160.79. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $84.95 and a twelve month high of $193.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, July 18th. The semiconductor company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.11. The business had revenue of $20.82 billion during the quarter, compared to analyst estimates of $20.33 billion. Taiwan Semiconductor Manufacturing had a return on equity of 25.54% and a net margin of 37.85%. Taiwan Semiconductor Manufacturing’s revenue for the quarter was up 34.6% compared to the same quarter last year. During the same period last year, the company earned $1.14 EPS. As a group, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 6.45 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be given a dividend of $0.4871 per share. This represents a $1.95 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Thursday, December 12th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 36.95%.

Analyst Ratings Changes

TSM has been the subject of a number of analyst reports. Needham & Company LLC boosted their price target on Taiwan Semiconductor Manufacturing from $168.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, July 15th. Sanford C. Bernstein raised their target price on Taiwan Semiconductor Manufacturing from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, June 20th. Susquehanna restated a “positive” rating and set a $250.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, August 14th. Finally, TD Cowen lifted their target price on Taiwan Semiconductor Manufacturing from $130.00 to $170.00 and gave the company a “hold” rating in a research report on Thursday, July 18th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $200.00.

Taiwan Semiconductor Manufacturing Company 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.