28,127 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Purchased by Life Planning Partners Inc

Life Planning Partners Inc acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 28,127 shares of the semiconductor company’s stock, valued at approximately $5,274,000.

A number of other large investors have also modified their holdings of TXN. Howard Capital Management Group LLC acquired a new stake in shares of Texas Instruments during the 3rd quarter valued at approximately $202,000. Public Sector Pension Investment Board raised its holdings in Texas Instruments by 14.6% during the third quarter. Public Sector Pension Investment Board now owns 40,108 shares of the semiconductor company’s stock worth $8,285,000 after purchasing an additional 5,100 shares during the last quarter. Financial Counselors Inc. boosted its position in Texas Instruments by 15.2% during the third quarter. Financial Counselors Inc. now owns 10,938 shares of the semiconductor company’s stock worth $2,260,000 after purchasing an additional 1,443 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Texas Instruments by 0.4% in the third quarter. Captrust Financial Advisors now owns 95,644 shares of the semiconductor company’s stock valued at $19,757,000 after buying an additional 354 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Texas Instruments by 207.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 467,811 shares of the semiconductor company’s stock worth $96,636,000 after buying an additional 315,672 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Wells Fargo & Company lowered their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Barclays dropped their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Benchmark restated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Mizuho cut their target price on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Down 2.5 %

Shares of NASDAQ TXN opened at $176.33 on Friday. The stock has a fifty day moving average price of $186.45 and a 200 day moving average price of $194.68. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.39. The company has a market cap of $160.45 billion, a P/E ratio of 33.97, a P/E/G ratio of 3.30 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the company posted $1.49 EPS. Research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.09%. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is currently owned by insiders.

About Texas Instruments

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.