Sentinus LLC Has $372,000 Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Sentinus LLC lessened its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 96.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,885 shares of the semiconductor company’s stock after selling 55,019 shares during the period. Sentinus LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $372,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Shay Capital LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $415,000. Skye Global Management LP acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $140,613,000. Silvercrest Asset Management Group LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 81.9% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 134,128 shares of the semiconductor company’s stock valued at $26,489,000 after buying an additional 60,385 shares during the period. Raiffeisen Bank International AG acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $49,732,000. Finally, Redwood Financial Network Corp increased its stake in shares of Taiwan Semiconductor Manufacturing by 6.1% in the fourth quarter. Redwood Financial Network Corp now owns 1,460 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 84 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 0.1%

Shares of Taiwan Semiconductor Manufacturing stock opened at $193.94 on Friday. 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 stock’s 50-day moving average is $167.42 and its 200 day moving average is $187.40. The firm has a market cap of $1.01 trillion, a price-to-earnings ratio of 27.55, a PEG ratio of 0.66 and a beta of 1.21.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.09. The business had revenue of $25.82 billion for the quarter, compared to analyst estimates 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 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Susquehanna reissued a “positive” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, April 17th. 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 three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $212.00.

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.