Taiwan Semiconductor Manufacturing Firm Restricted (NYSE:TSM – Get Ranking)’s inventory worth hit a brand new 52-week low throughout mid-day buying and selling on Thursday . The corporate traded as little as $104.47 and final traded at $107.81, with a quantity of 262403 shares. The inventory had beforehand closed at $115.90.
Various brokerages lately commented on TSM. Susquehanna Bancshares restated a “maintain” score and set a $130.00 goal worth on shares of Taiwan Semiconductor Manufacturing in a report on Monday, November twenty second. DZ Financial institution started protection on Taiwan Semiconductor Manufacturing in a report on Wednesday, January twelfth. They set a “purchase” score and a $145.00 goal worth for the corporate. Cowen raised their goal worth on Taiwan Semiconductor Manufacturing from $120.00 to $125.00 in a report on Tuesday, January eleventh. Morgan Stanley upgraded Taiwan Semiconductor Manufacturing from an “equal weight” score to an “obese” score in a report on Monday, February seventh. Lastly, Atlantic Securities upgraded Taiwan Semiconductor Manufacturing from a “impartial” score to an “obese” score and raised their goal worth for the corporate from $125.00 to $170.00 in a report on Thursday, January thirteenth. Three funding analysts have rated the inventory with a maintain score, 5 have given a purchase score and one has given a robust purchase score to the corporate. In keeping with information from MarketBeat, the inventory has a consensus score of “Purchase” and a median worth goal of $140.88.
The agency has a 50 day shifting common worth of $123.67 and a 200-day shifting common worth of $119.23. The corporate has a present ratio of two.09, a fast ratio of 1.81 and a debt-to-equity ratio of 0.23. The agency has a market cap of $576.85 billion, a PE ratio of 27.00, a PEG ratio of 1.11 and a beta of 0.90.
The enterprise additionally lately disclosed a quarterly dividend, which will likely be paid on Thursday, July 14th. Stockholders of report on Friday, June seventeenth will likely be paid a $0.3897 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Thursday, June sixteenth. Taiwan Semiconductor Manufacturing’s payout ratio is presently 38.11%.
Various hedge funds have lately purchased and offered shares of the inventory. Burns J W & Co. Inc. NY lifted its stake in Taiwan Semiconductor Manufacturing by 1.1% through the fourth quarter. Burns J W & Co. Inc. NY now owns 7,956 shares of the semiconductor firm’s inventory price $957,000 after buying a further 85 shares over the last quarter. Arthur M. Cohen & Associates LLC lifted its stake in Taiwan Semiconductor Manufacturing by 1.2% through the fourth quarter. Arthur M. Cohen & Associates LLC now owns 7,268 shares of the semiconductor firm’s inventory price $874,000 after buying a further 85 shares over the last quarter. Wealth Architects LLC lifted its stake in Taiwan Semiconductor Manufacturing by 3.7% through the third quarter. Wealth Architects LLC now owns 2,465 shares of the semiconductor firm’s inventory price $275,000 after buying a further 87 shares over the last quarter. Regal Funding Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 3.9% through the fourth quarter. Regal Funding Advisors LLC now owns 2,389 shares of the semiconductor firm’s inventory price $287,000 after buying a further 89 shares over the last quarter. Lastly, Girard Companions LTD. lifted its stake in Taiwan Semiconductor Manufacturing by 3.3% through the fourth quarter. Girard Companions LTD. now owns 2,790 shares of the semiconductor firm’s inventory price $335,000 after buying a further 90 shares over the last quarter.
About Taiwan Semiconductor Manufacturing (NYSE:TSM)
Taiwan Semiconductor Manufacturing Co, Ltd. engages within the manufacture and sale of built-in circuits and wafer semiconductor units. Its chips are utilized in private computer systems and peripheral merchandise; data purposes; wired and wi-fi communications techniques merchandise; automotive and industrial tools together with shopper electronics reminiscent of digital video compact disc participant, digital tv, sport consoles, and digital cameras.
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