Capital Advisors Inc. OK Sells 2,153 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Capital Advisors Inc. OK lessened its position in Texas Instruments Incorporated (NASDAQ:TXN) by 1.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 206,875 shares of the semiconductor company’s stock after selling 2,153 shares during the period. Capital Advisors Inc. OK’s holdings in Texas Instruments were worth $38,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Life Planners acquired a new stake in shares of Texas Instruments during the 4th quarter worth about $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments during the 4th quarter worth about $27,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments during the 3rd quarter worth about $28,000. Tsfg LLC lifted its stake in shares of Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Texas Instruments during the 3rd quarter worth about $39,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.6 %

Shares of Texas Instruments stock opened at $179.25 on Wednesday. The firm has a market capitalization of $163.52 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The firm’s 50 day moving average is $189.32 and its 200 day moving average is $197.91. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter last year, the firm posted $1.49 EPS. Equities research analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now directly owns 11,717 shares of the company’s stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TXN. Evercore ISI raised their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Robert W. Baird cut their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Mizuho dropped their price objective 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. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Bank of America dropped their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $209.20.

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.