Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. increased its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 26.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,510 shares of the semiconductor company's stock after buying an additional 4,061 shares during the quarter. Centaurus Financial Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $3,853,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in TSM. Stonebridge Financial Group LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth $25,000. IMG Wealth Management Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $26,000. Hopwood Financial Services Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $27,000. Roxbury Financial LLC purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $29,000. Finally, Accredited Wealth Management LLC purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $31,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on TSM. Needham & Company LLC reissued a "buy" rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Barclays reissued a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Finally, Susquehanna reissued a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $212.00.

Taiwan Semiconductor Manufacturing Stock Down 1.9%

Shares of Taiwan Semiconductor Manufacturing stock traded down $3.79 during trading hours on Friday, hitting $193.36. 11,983,485 shares of the company's stock traded hands, compared to its average volume of 15,876,208. The stock has a 50 day simple moving average of $171.06 and a 200-day simple moving average of $187.43. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The company has a market cap of $1.00 trillion, a PE ratio of 27.47, a PEG ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $133.57 and a twelve month high of $226.40.

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

Taiwan Semiconductor Manufacturing Cuts Dividend

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

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.