Commerce Bank Acquires 168 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Commerce Bank lifted its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,739 shares of the semiconductor company’s stock after purchasing an additional 168 shares during the period. Commerce Bank’s holdings in Taiwan Semiconductor Manufacturing were worth $10,415,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TSM. Mount Yale Investment Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 4.3% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock valued at $7,052,000 after acquiring an additional 1,476 shares during the last quarter. McHugh Group LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $605,000. OLD National Bancorp IN lifted its stake in shares of Taiwan Semiconductor Manufacturing by 2.1% in the fourth quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock worth $22,357,000 after buying an additional 2,368 shares during the last quarter. Guardian Partners Inc. acquired a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $9,222,000. Finally, Hardman Johnston Global Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 7.6% in the 4th quarter. Hardman Johnston Global Advisors LLC now owns 381,432 shares of the semiconductor company’s stock worth $75,329,000 after acquiring an additional 26,847 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday. StockNews.com downgraded Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Susquehanna reduced their price objective on Taiwan Semiconductor Manufacturing from $265.00 to $250.00 and set a “positive” rating for the company in a research report on Thursday. Finally, Barclays upped 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 note on Friday, January 17th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $220.00.

Taiwan Semiconductor Manufacturing Stock Up 0.1 %

Shares of TSM stock opened at $151.86 on Friday. The stock has a market cap of $787.61 billion, a P/E ratio of 21.57, a price-to-earnings-growth ratio of 0.66 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. The stock has a fifty day moving average price of $173.73 and a 200 day moving average price of $189.98. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $125.78 and a one year high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.09. The firm had revenue of $25.82 billion during the quarter, compared to analyst estimates of $834.10 billion. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. Analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.6855 per share. The ex-dividend date is Thursday, June 12th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.81%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 30.68%.

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.