HWG Holdings LP Invests $4.53 Million in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

HWG Holdings LP bought a new position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 22,939 shares of the semiconductor company's stock, valued at approximately $4,530,000. Taiwan Semiconductor Manufacturing makes up 1.5% of HWG Holdings LP's portfolio, making the stock its 21st biggest holding.

A number of other large investors have also bought and sold shares of the business. Capital A Wealth Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $64,000. Discipline Wealth Solutions LLC bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $323,000. Lakeshore Capital Group Inc. acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $2,225,000. Infinitum Asset Management LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $6,912,000. Finally, Heck Capital Advisors LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $416,000. 16.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on TSM shares. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Needham & Company LLC reaffirmed a "buy" rating and set a $225.00 price target 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. Finally, Barclays reissued a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $212.00.

Taiwan Semiconductor Manufacturing Trading Up 0.6%

Shares of TSM stock traded up $1.15 during trading hours on Thursday, hitting $197.29. 7,558,150 shares of the company's stock traded hands, compared to its average volume of 15,839,420. The stock has a market cap of $1.02 trillion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing Company Limited has a 12 month low of $133.57 and a 12 month high of $226.40. The stock's 50 day simple moving average is $170.49 and its 200 day simple moving average is $187.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $25.82 billion for the quarter, compared to analyst estimates of $834.10 billion. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 16th will be paid a $0.6499 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a yield of 1.32%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 27.76%.

Taiwan Semiconductor Manufacturing Company 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.