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Greenhouse Wealth Management LLC Makes New Investment in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Greenhouse Wealth Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 789 shares of the semiconductor company’s stock, valued at approximately $86,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Jennison Associates LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 554.5% in the 4th quarter. Jennison Associates LLC now owns 9,695,245 shares of the semiconductor company’s stock valued at $1,057,170,000 after purchasing an additional 8,213,857 shares during the period. SB Management Ltd acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $255,930,000. ARK Investment Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 2,395.0% in the 3rd quarter. ARK Investment Management LLC now owns 2,618,632 shares of the semiconductor company’s stock valued at $212,292,000 after purchasing an additional 2,513,677 shares during the period. Nikko Asset Management Americas Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 180.7% in the 3rd quarter. Nikko Asset Management Americas Inc. now owns 2,507,837 shares of the semiconductor company’s stock valued at $204,765,000 after purchasing an additional 1,614,557 shares during the period. Finally, Sands Capital Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 30.6% in the 3rd quarter. Sands Capital Management LLC now owns 6,804,403 shares of the semiconductor company’s stock valued at $551,633,000 after purchasing an additional 1,592,405 shares during the period. Institutional investors and hedge funds own 18.27% of the company’s stock.

Shares of TSM opened at $136.66 on Monday. The company has a current ratio of 1.75, a quick ratio of 1.56 and a debt-to-equity ratio of 0.14. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $42.70 and a 12-month high of $142.20. The firm has a 50-day moving average price of $126.15 and a 200 day moving average price of $98.29. The firm has a market capitalization of $708.73 billion, a P/E ratio of 40.19, a P/E/G ratio of 1.26 and a beta of 0.99.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, January 14th. The semiconductor company reported $0.97 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.05. Taiwan Semiconductor Manufacturing had a net margin of 37.94% and a return on equity of 28.73%. The firm had revenue of $12.68 billion during the quarter, compared to analyst estimates of $12.90 billion. Equities research analysts predict that Taiwan Semiconductor Manufacturing Company Limited will post 4.01 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 15th. Investors of record on Friday, June 18th will be issued a $0.3527 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 41.59%.

Several equities research analysts recently commented on TSM shares. Susquehanna Bancshares reissued a “sell” rating and issued a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Sanford C. Bernstein raised shares of Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price target for the company in a report on Tuesday, January 12th. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating and set a $126.00 price target for the company in a report on Thursday, January 7th. Finally, Susquehanna reissued a “sell” rating and issued a $74.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Two analysts have rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $105.75.

About Taiwan Semiconductor Manufacturing

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.

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