Shay Capital LLC Makes New $415,000 Investment in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Shay Capital LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,100 shares of the semiconductor company's stock, valued at approximately $415,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. Stonebridge Financial Group LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $25,000. IMG Wealth Management Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $26,000. Hopwood Financial Services Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $27,000. Roxbury Financial LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $29,000. Finally, Accredited Wealth Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $31,000. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 0.4%

TSM stock traded down $0.81 on Monday, reaching $193.41. 10,129,494 shares of the company traded hands, compared to its average volume of 15,918,467. Taiwan Semiconductor Manufacturing Company Limited has a one year low of $133.57 and a one year high of $226.40. 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 company has a market cap of $1.00 trillion, a P/E ratio of 27.47, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. The firm has a fifty day simple moving average of $167.42 and a 200-day simple moving average of $187.38.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $25.82 billion during the quarter, compared to analyst estimates of $834.10 billion. 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 business also recently disclosed 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 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Tuesday, September 16th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 27.76%.

Analysts Set New Price Targets

Several brokerages recently weighed in on TSM. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. StockNews.com downgraded shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Susquehanna reissued a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Finally, Barclays reissued a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and a consensus target price 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.