Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Lifted by Proficio Capital Partners LLC

Proficio Capital Partners LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 31,596.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 718,865 shares of the semiconductor company’s stock after buying an additional 716,597 shares during the quarter. Proficio Capital Partners LLC’s holdings in Texas Instruments were worth $134,794,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TXN. Financial Life Planners purchased a new position in Texas Instruments in the fourth quarter valued at about $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $27,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Texas Instruments in the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new position in Texas Instruments in the third quarter worth approximately $39,000. Finally, FSA Wealth Management LLC bought a new position in Texas Instruments during the third quarter valued at approximately $41,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.9 %

Shares of TXN stock opened at $198.24 on Thursday. The stock has a market cap of $180.46 billion, a P/E ratio of 38.20, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The stock has a fifty day moving average price of $189.17 and a 200 day moving average price of $197.70. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 company posted $1.49 EPS. Analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Mizuho dropped their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Barclays lowered their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Finally, Wells Fargo & Company lowered their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. 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 MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $209.20.

Insider Activity at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now owns 10,816 shares in the company, valued at approximately $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 200,655 shares of company stock valued at $40,665,374 in the last 90 days. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Company Profile

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.