Sentinus LLC Sells 55,019 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Sentinus LLC reduced its holdings in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 96.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,885 shares of the semiconductor company’s stock after selling 55,019 shares during the quarter. Sentinus LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $372,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of TSM. Stonebridge Financial Group LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $25,000. IMG Wealth Management Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $26,000. Hopwood Financial Services Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $27,000. Roxbury Financial LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $29,000. Finally, Accredited Wealth Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $31,000. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $193.94 on Friday. The stock has a market cap of $1.01 trillion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $133.57 and a fifty-two week high of $226.40. 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 fifty day moving average of $167.42 and a 200-day moving average of $187.40.

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

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Tuesday, September 16th will be given a dividend of $0.6499 per share. This represents a $2.60 annualized dividend and a yield of 1.34%. The ex-dividend date is Tuesday, September 16th. Taiwan Semiconductor Manufacturing’s payout ratio is 27.76%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Needham & Company LLC reissued a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 17th. Susquehanna reiterated a “positive” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Barclays reiterated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Finally, StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and an average price target of $212.00.

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.