M Holdings Securities Inc. Has $225,000 Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

M Holdings Securities Inc. lessened its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Rating) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,282 shares of the semiconductor company’s stock after selling 132 shares during the period. M Holdings Securities Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $225,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 7.9% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 7,006 shares of the semiconductor company’s stock valued at $481,000 after purchasing an additional 513 shares during the last quarter. Arbor Capital Management Inc. ADV lifted its stake in shares of Taiwan Semiconductor Manufacturing by 3.8% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 14,733 shares of the semiconductor company’s stock valued at $1,068,000 after purchasing an additional 534 shares during the last quarter. Anson Funds Management LP acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $686,000. Ascent Group LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 4.1% in the 3rd quarter. Ascent Group LLC now owns 3,925 shares of the semiconductor company’s stock valued at $242,000 after purchasing an additional 156 shares during the last quarter. Finally, Balyasny Asset Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 32.8% in the 3rd quarter. Balyasny Asset Management LLC now owns 1,580,221 shares of the semiconductor company’s stock valued at $108,340,000 after purchasing an additional 390,263 shares during the last quarter. Institutional investors and hedge funds own 16.79% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $86.70 on Thursday. The firm’s 50-day moving average is $89.82 and its 200-day moving average is $79.58. Taiwan Semiconductor Manufacturing Company Limited has a 52-week low of $59.43 and a 52-week high of $109.75. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.94 and a current ratio of 2.17. The company has a market cap of $449.63 billion, a price-to-earnings ratio of 13.22, a PEG ratio of 0.78 and a beta of 1.10.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Rating) last posted its quarterly earnings data on Thursday, January 12th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.02. Taiwan Semiconductor Manufacturing had a net margin of 44.81% and a return on equity of 37.99%. The company had revenue of $19.93 billion for the quarter, compared to the consensus estimate of $20.29 billion. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 5.57 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 13th. Stockholders of record on Friday, June 16th will be issued a dividend of $0.3597 per share. The ex-dividend date of this dividend is Thursday, June 15th. This represents a $1.44 annualized dividend and a dividend yield of 1.66%. Taiwan Semiconductor Manufacturing’s payout ratio is 21.49%.

Wall Street Analysts Forecast Growth

TSM has been the subject of a number of research analyst reports. Erste Group Bank raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Friday, November 18th. Needham & Company LLC reissued a “buy” rating and set a $110.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, March 10th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $90.25.

Taiwan Semiconductor Manufacturing Profile

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Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products, information applications, wired and wireless communications systems products, and automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras.