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Koshinski Asset Management Inc. buys 617 shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM)


Koshinski Asset Management Inc. raised its position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Rating) by 16.7% in Q1, HoldingsChannel.com reports. The fund held 4,303 shares of the semiconductor company after acquiring 617 additional shares during the quarter. Koshinski Asset Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $449,000 when it last filed with the SEC.

Other hedge funds and other institutional investors have also been buying and selling shares of the company recently. Rise Advisors LLC bought a new stake in Taiwan Semiconductor Manufacturing stock in Q4 for $26,000. Curi Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter for a value of $28,000. Asset Dedication LLC increased its stake in Taiwan Semiconductor Manufacturing shares by 176.2% in Q4. Asset Dedication LLC now owns 290 shares of the semiconductor company worth $35,000 after acquiring 185 additional shares in the last quarter. Rather & Kittrell Inc. bought a new stake in Taiwan Semiconductor Manufacturing stock in Q4 worth $37,000. Finally, Retirement Planning Co of New England Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing in Q4 worth $37,000.

A number of stock analysts have weighed in on the stock recently. Loop Capital assumed coverage for shares of Taiwan Semiconductor Manufacturing in a Tuesday, June 21 report. They issued a “buy” rating on the stock. Needham & Company LLC reissued a “buy” rating and posted a price target of $125.00 on Taiwan Semiconductor Manufacturing shares in a Thursday, April 14 report. downgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Thursday, April 14. Finally, StockNews.com took over coverage of Taiwan Semiconductor Manufacturing stocks in a Thursday, March 31 report. They issued a “buy” rating on the stock. Four research analysts rated the stock with a hold rating and six assigned the company a buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $137.50.

NYSE TSM opened at $77.00 on Friday. The company has a market capitalization of $399.33 billion, a PE ratio of 16.89 and a beta of 0.94. Taiwan Semiconductor Manufacturing Company Limited has a 52 week low of $76.18 and a 52 week high of $145.00. The company has a quick ratio of 1.85, a current ratio of 2.09 and a leverage ratio of 0.28. The company’s 50-day simple moving average is $89.85 and its two-hundred-day simple moving average is $105.87.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Rating) last released quarterly earnings data on Thursday, April 14. The semiconductor company reported EPS of $1.40 for the quarter, beating the consensus estimate of $1.31 by $0.09. The company posted revenue of $491.08 billion for the quarter, versus a consensus estimate of $471.53 billion. Taiwan Semiconductor Manufacturing achieved a net margin of 38.44% and a return on equity of 30.84%. The company’s revenue increased by 35.5% compared to the same quarter last year. In the same period a year earlier, the company earned earnings per share of $0.96. As a group, equity research analysts expect Taiwan Semiconductor Manufacturing Company Limited to post EPS of 5.93 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 13. Shareholders of record on Friday, September 16 will receive a dividend of $0.4625 per share. The ex-dividend date is Thursday, September 15. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.39. This represents an annualized dividend of $1.85 and a yield of 2.40%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 32.46%.

Taiwan Semiconductor Manufacturing Profile (Get a rating)

Taiwan Semiconductor Manufacturing Company Limited manufactures, packages, tests and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States and the international. It provides complementary metal-oxide silicon wafer fabrication processes for fabricating logic, mixed-signal, radio-frequency, and embedded memory semiconductors.

See also

Want to see which other hedge funds hold TSM? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Rating).

Institutional ownership by quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)



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