Integrated Investment Consultants LLC Lowers Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Integrated Investment Consultants LLC lowered its holdings in Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 15.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,525 shares of the semiconductor company’s stock after selling 271 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Texas Instruments were worth $260,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TXN. Life Planning Partners Inc purchased a new stake in Texas Instruments in the fourth quarter valued at approximately $26,000. Annapolis Financial Services LLC grew its stake in shares of Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 120 shares in the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of Texas Instruments in the 3rd quarter valued at $25,000. Riverview Trust Co grew its position in Texas Instruments by 57.4% in the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 66 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new stake in Texas Instruments during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.68% of the stock is owned by insiders.

Texas Instruments Trading Down 0.6 %

NASDAQ:TXN traded down $0.97 during mid-day trading on Wednesday, reaching $169.39. The company’s stock had a trading volume of 409,944 shares, compared to its average volume of 5,519,424. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company’s fifty day simple moving average is $166.67 and its two-hundred day simple moving average is $161.08. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The stock has a market cap of $154.16 billion, a P/E ratio of 23.93, a P/E/G ratio of 3.73 and a beta of 1.04.

Texas Instruments (NASDAQ:TXNGet Free Report) last issued its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.03. The business had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business’s quarterly revenue was down 12.7% on a year-over-year basis. During the same period last year, the company posted $2.13 EPS. On average, equities analysts predict that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were given a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 3.07%. The ex-dividend date was Tuesday, January 30th. Texas Instruments’s dividend payout ratio is presently 73.65%.

Analysts Set New Price Targets

TXN has been the topic of a number of recent research reports. TD Cowen upped their price objective on Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 24th. Barclays reduced their price target on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 24th. Cantor Fitzgerald reissued a “neutral” rating and set a $170.00 price objective on shares of Texas Instruments in a research report on Monday, March 4th. Susquehanna reduced their target price on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Wednesday, January 24th. Finally, KeyCorp lifted their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $173.89.

Read Our Latest Stock Analysis on Texas Instruments

Texas Instruments Company Profile

(Free Report)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

Read More

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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