SeaCrest Wealth Management LLC trimmed its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,207 shares of the semiconductor company’s stock after selling 568 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,314,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the business. Prospera Financial Services Inc purchased a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at $28,000. Moser Wealth Advisors LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $29,000. Firestone Capital Management lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 322.6% in the third quarter. Firestone Capital Management now owns 393 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 300 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth $43,000. Finally, Keebeck Wealth Management LLC bought a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth $36,000. 18.52% of the stock is currently owned by institutional investors. Get Taiwan Semiconductor Manufacturing alerts:
Shares of TSM traded down $1.74 during mid-day trading on Tuesday, hitting $96.39. 234,837 shares of the company were exchanged, compared to its average volume of 9,715,548. Taiwan Semiconductor Manufacturing Company Limited has a 1-year low of $42.70 and a 1-year high of $102.44. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.26 and a current ratio of 1.40. The company has a 50 day moving average of $89.13 and a 200-day moving average of $72.97. The stock has a market cap of $508.91 billion, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 1.18 and a beta of 0.93. The business also recently declared an annual dividend, which will be paid on Thursday, April 15th. Investors of record on Thursday, March 18th will be given a dividend of $0.3463 per share. The ex-dividend date is Wednesday, March 17th. This represents a dividend yield of 1.5%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 63.72%.
A number of analysts recently commented on TSM shares. New Street Research started coverage on Taiwan Semiconductor Manufacturing in a report on Friday, August 28th. They set a “buy” rating on the stock. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $97.00 price target on the stock in a report on Friday, October 9th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, July 27th. Finally, Credit Suisse Group upgraded Taiwan Semiconductor Manufacturing from a “neutral” rating to an “outperform” rating in a report on Monday, July 27th. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $68.50.
Taiwan Semiconductor Manufacturing Profile
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea. Receive News & Ratings for Taiwan Semiconductor Manufacturing analysts' ratings for Taiwan Semiconductor Manufacturing and related companies daily email newsletter . «

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