Wealth Science Advisors LLC Has $2.31 Million Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Wealth Science Advisors LLC lifted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMFree Report) by 38.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,845 shares of the semiconductor company’s stock after acquiring an additional 1,342 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 1.0% of Wealth Science Advisors LLC’s holdings, making the stock its 19th largest position. Wealth Science Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,314,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Exchange Bank raised its holdings in shares of Taiwan Semiconductor Manufacturing by 4.8% during the second quarter. Exchange Bank now owns 1,314 shares of the semiconductor company’s stock valued at $628,000 after acquiring an additional 60 shares during the period. Whitaker Myers Wealth Managers LTD. acquired a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $205,000. GoalVest Advisory LLC grew its position in Taiwan Semiconductor Manufacturing by 708.8% during the 2nd quarter. GoalVest Advisory LLC now owns 647 shares of the semiconductor company’s stock worth $309,000 after purchasing an additional 567 shares in the last quarter. Aletheian Wealth Advisors LLC grew its position in Taiwan Semiconductor Manufacturing by 32.4% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 1,903 shares of the semiconductor company’s stock worth $909,000 after purchasing an additional 466 shares in the last quarter. Finally, Tactive Advisors LLC raised its stake in Taiwan Semiconductor Manufacturing by 69.9% during the 2nd quarter. Tactive Advisors LLC now owns 3,706 shares of the semiconductor company’s stock valued at $1,770,000 after purchasing an additional 1,525 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Up 0.4%

TSM opened at $419.94 on Friday. The business has a 50 day moving average price of $427.01 and a 200 day moving average price of $387.09. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $223.70 and a twelve month high of $479.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 2.46. The firm has a market cap of $2.18 trillion, a P/E ratio of 30.30, a price-to-earnings-growth ratio of 0.96 and a beta of 1.38.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%.The company had revenue of $39.89 billion for the quarter. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be issued a dividend of $1.1136 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.45 annualized dividend and a dividend yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing’s payout ratio is currently 21.43%.

More Taiwan Semiconductor Manufacturing News

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

Analyst Upgrades and Downgrades

TSM has been the topic of several recent analyst reports. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Bank of America lifted their target price on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Finally, Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a research report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $496.25.

View Our Latest Report on Taiwan Semiconductor Manufacturing

Insider Buying and Selling

In other news, VP Shyue-Shyh Lin bought 1,000 shares of the stock in a transaction that occurred on Tuesday, July 21st. The shares were acquired at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the purchase, the vice president owned 30,269 shares of the company’s stock, valued at $2,243,840.97. This represents a 3.42% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lipen Yuan bought 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average price of $79.19 per share, for a total transaction of $79,190.00. Following the acquisition, the vice president directly owned 5,000 shares in the company, valued at approximately $395,950. This trade represents a 25.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 16,697 shares of company stock valued at $1,228,663. Company insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Profile

(Free Report)

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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