GYL Financial Synergies LLC Takes $767,000 Position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)

GYL Financial Synergies LLC bought a new position in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 18,735 shares of the semiconductor company’s stock, valued at approximately $767,000.

A number of other institutional investors have also recently modified their holdings of the stock. Alera Investment Advisors LLC raised its position in Taiwan Semiconductor Mfg. by 19.7% in the 1st quarter. Alera Investment Advisors LLC now owns 2,023 shares of the semiconductor company’s stock worth $83,000 after purchasing an additional 333 shares during the period. Westwood Holdings Group Inc. boosted its stake in shares of Taiwan Semiconductor Mfg. by 6.3% during the first quarter. Westwood Holdings Group Inc. now owns 803,792 shares of the semiconductor company’s stock valued at $32,924,000 after purchasing an additional 47,539 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of Taiwan Semiconductor Mfg. by 32.8% during the first quarter. Lazard Asset Management LLC now owns 15,770,378 shares of the semiconductor company’s stock valued at $645,953,000 after purchasing an additional 3,897,469 shares in the last quarter. Aspire Private Capital LLC bought a new position in shares of Taiwan Semiconductor Mfg. during the first quarter valued at approximately $76,000. Finally, Jaffetilchin Investment Partners LLC boosted its stake in shares of Taiwan Semiconductor Mfg. by 3.4% during the first quarter. Jaffetilchin Investment Partners LLC now owns 13,042 shares of the semiconductor company’s stock valued at $534,000 after purchasing an additional 430 shares in the last quarter. 19.60% of the stock is owned by institutional investors.

Several equities research analysts have weighed in on TSM shares. ValuEngine upgraded shares of Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Friday, April 19th. Goldman Sachs Group initiated coverage on shares of Taiwan Semiconductor Mfg. in a research note on Tuesday, May 7th. They issued a “buy” rating and a $50.00 target price for the company. Finally, Zacks Investment Research upgraded shares of Taiwan Semiconductor Mfg. from a “sell” rating to a “hold” rating in a research note on Saturday, April 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. Taiwan Semiconductor Mfg. currently has an average rating of “Hold” and a consensus target price of $48.00.

TSM traded down $0.40 on Friday, reaching $39.93. The stock had a trading volume of 3,149,340 shares, compared to its average volume of 7,737,784. The company has a market cap of $207.08 billion, a P/E ratio of 17.83, a P/E/G ratio of 3.20 and a beta of 1.03. The company has a 50-day moving average price of $39.16. The company has a current ratio of 2.62, a quick ratio of 2.33 and a debt-to-equity ratio of 0.03. Taiwan Semiconductor Mfg. Co. Ltd. has a 12-month low of $34.22 and a 12-month high of $45.64.

Taiwan Semiconductor Mfg. (NYSE:TSM) last released its earnings results on Thursday, April 18th. The semiconductor company reported $0.38 EPS for the quarter, hitting analysts’ consensus estimates of $0.38. The business had revenue of $7.10 billion during the quarter. Taiwan Semiconductor Mfg. had a net margin of 32.20% and a return on equity of 19.91%. Analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post 1.97 EPS for the current year.

The firm also recently declared an annual dividend, which will be paid on Thursday, July 18th. Investors of record on Tuesday, June 25th will be given a dividend of $1.2756 per share. The ex-dividend date of this dividend is Monday, June 24th. This represents a yield of 2.56%. Taiwan Semiconductor Mfg.’s payout ratio is presently 45.09%.

Taiwan Semiconductor Mfg. Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, engages in manufacturing, selling, packaging, testing, and computer-aided design of integrated circuits and other semiconductor devices. The company manufactures masks and electronic spare parts; researches, develops, designs, manufactures, sells, packages, and tests color filters; and offers customer and engineering support services.

Recommended Story: Municipal Bonds

Institutional Ownership by Quarter for Taiwan Semiconductor Mfg. (NYSE:TSM)

Receive News & Ratings for Taiwan Semiconductor Mfg. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Mfg. and related companies with MarketBeat.com's FREE daily email newsletter.