MHI Funds LLC lessened its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 18.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,324 shares of the semiconductor company’s stock after selling 5,858 shares during the period. Texas Instruments makes up about 3.1% of MHI Funds LLC’s portfolio, making the stock its 9th biggest position. MHI Funds LLC’s holdings in Texas Instruments were worth $2,686,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Iberiabank Corp grew its position in Texas Instruments by 4.4% during the 1st quarter. Iberiabank Corp now owns 24,104 shares of the semiconductor company’s stock worth $2,557,000 after purchasing an additional 1,009 shares during the last quarter. Miller Howard Investments Inc. NY boosted its holdings in shares of Texas Instruments by 3.6% in the 1st quarter. Miller Howard Investments Inc. NY now owns 775,968 shares of the semiconductor company’s stock valued at $82,307,000 after acquiring an additional 26,955 shares during the last quarter. Horan Capital Advisors LLC. purchased a new stake in shares of Texas Instruments in the 1st quarter valued at $46,000. CWM LLC boosted its holdings in shares of Texas Instruments by 27.4% in the 1st quarter. CWM LLC now owns 7,559 shares of the semiconductor company’s stock valued at $802,000 after acquiring an additional 1,624 shares during the last quarter. Finally, Heathbridge Capital Management Ltd. boosted its holdings in shares of Texas Instruments by 2.1% in the 1st quarter. Heathbridge Capital Management Ltd. now owns 278,820 shares of the semiconductor company’s stock valued at $29,574,000 after acquiring an additional 5,800 shares during the last quarter. 86.64% of the stock is currently owned by institutional investors.

Shares of TXN traded down $0.56 during trading hours on Monday, hitting $114.95. The stock had a trading volume of 3,387,816 shares, compared to its average volume of 5,594,897. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.27 and a quick ratio of 2.38. The stock has a market cap of $107.76 billion, a P/E ratio of 21.21, a P/E/G ratio of 2.20 and a beta of 1.17. Texas Instruments Incorporated has a fifty-two week low of $87.70 and a fifty-two week high of $118.48.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, January 23rd. The semiconductor company reported $1.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.03. The company had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.75 billion. Texas Instruments had a net margin of 35.35% and a return on equity of 53.05%. The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the business posted $1.09 earnings per share. Equities analysts expect that Texas Instruments Incorporated will post 5.19 EPS for the current year.

Several analysts have recently commented on the stock. Bank of America downgraded shares of Texas Instruments from a “buy” rating to a “neutral” rating and set a $89.50 price objective on the stock. in a report on Friday, January 4th. Zacks Investment Research downgraded shares of Texas Instruments from a “hold” rating to a “sell” rating in a report on Tuesday, January 15th. Longbow Research downgraded shares of Texas Instruments from a “buy” rating to a “neutral” rating and set a $116.20 price objective on the stock. in a report on Wednesday, April 17th. Nomura reaffirmed a “neutral” rating and issued a $95.00 price objective (down from $100.00) on shares of Texas Instruments in a report on Thursday, January 24th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $115.00 price objective on shares of Texas Instruments in a report on Wednesday, January 23rd. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have assigned a buy rating to the company. Texas Instruments has an average rating of “Hold” and an average price target of $109.25.

In other Texas Instruments news, VP Ahmad Bahai sold 5,165 shares of the company’s stock in a transaction on Friday, February 15th. The shares were sold at an average price of $107.30, for a total transaction of $554,204.50. Following the completion of the transaction, the vice president now directly owns 41,911 shares in the company, valued at $4,497,050.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Haren Julie Van sold 3,953 shares of the company’s stock in a transaction on Monday, January 28th. The stock was sold at an average price of $101.88, for a total transaction of $402,731.64. Following the transaction, the vice president now owns 30,523 shares of the company’s stock, valued at $3,109,683.24. The disclosure for this sale can be found here. Insiders have sold 256,061 shares of company stock valued at $26,536,471 over the last 90 days. 0.89% of the stock is currently owned by company insiders.

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Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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