Nisa Investment Advisors LLC Buys 300 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Nisa Investment Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 16.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,117 shares of the semiconductor company’s stock after acquiring an additional 300 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $419,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in TSM. Genesis Private Wealth LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth $462,000. Simon Quick Advisors LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 15.6% in the fourth quarter. Simon Quick Advisors LLC now owns 6,581 shares of the semiconductor company’s stock worth $1,300,000 after acquiring an additional 888 shares during the period. Beaumont Financial Advisors LLC grew its holdings in Taiwan Semiconductor Manufacturing by 11.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,362 shares of the semiconductor company’s stock valued at $269,000 after buying an additional 137 shares in the last quarter. Howard Capital Management Group LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $188,000. Finally, Fort Washington Investment Advisors Inc. OH increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.6% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 592,060 shares of the semiconductor company’s stock worth $116,926,000 after purchasing an additional 3,765 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TSM. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday. Barclays raised their target price on shares of 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, Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

TSM opened at $202.46 on Thursday. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $112.61 and a twelve month high of $226.40. The firm has a market capitalization of $1.05 trillion, a PE ratio of 28.76, a PEG ratio of 0.74 and a beta of 1.07. The firm’s 50-day moving average price is $201.42 and its 200 day moving average price is $185.89. 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 posted its quarterly earnings data on Thursday, January 16th. The semiconductor company reported $2.24 EPS for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. As a group, sell-side 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 declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.5484 per share. This represents a $2.19 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Tuesday, March 18th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 31.11%.

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.