Guardian Wealth Advisors LLC NC Takes $314,000 Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Guardian Wealth Advisors LLC NC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,589 shares of the semiconductor company's stock, valued at approximately $314,000.

A number of other hedge funds also recently modified their holdings of TSM. ST Germain D J Co. Inc. raised its stake in Taiwan Semiconductor Manufacturing by 0.7% in the 4th quarter. ST Germain D J Co. Inc. now owns 9,339 shares of the semiconductor company's stock worth $1,844,000 after purchasing an additional 61 shares in the last quarter. Paragon Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.3% in the fourth quarter. Paragon Advisors LLC now owns 43,777 shares of the semiconductor company's stock worth $8,646,000 after acquiring an additional 2,996 shares during the last quarter. Aprio Wealth Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 20.1% during the fourth quarter. Aprio Wealth Management LLC now owns 10,570 shares of the semiconductor company's stock worth $2,087,000 after buying an additional 1,772 shares during the last quarter. Matrix Trust Co acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $170,000. Finally, Headwater Capital Co Ltd bought a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $49,372,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TSM shares. Needham & Company LLC restated a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, April 17th. StockNews.com lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Susquehanna reaffirmed a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Finally, Barclays restated a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and an average target price of $212.00.

Taiwan Semiconductor Manufacturing Trading Up 0.8 %

Shares of Taiwan Semiconductor Manufacturing stock opened at $176.65 on Friday. The company's 50-day moving average price is $165.73 and its 200-day moving average price is $187.57. The company has a market cap of $916.18 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 0.66 and a beta of 1.21. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $133.57 and a 12-month high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.09. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. The firm had revenue of $25.82 billion for the quarter, compared to analyst estimates of $834.10 billion. On average, equities analysts expect that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Thursday, June 12th will be paid a $0.6855 dividend. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. This represents a $2.74 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Thursday, June 12th. Taiwan Semiconductor Manufacturing's payout ratio is 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.

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