Capital Analysts LLC Sells 373 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Capital Analysts LLC lowered its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.2% in the fourth quarter, HoldingsChannel reports. The firm owned 2,948 shares of the semiconductor company’s stock after selling 373 shares during the period. Capital Analysts LLC’s holdings in Texas Instruments were worth $502,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in TXN. Vanguard Group Inc. raised its position in shares of Texas Instruments by 0.5% in the third quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock valued at $14,129,979,000 after purchasing an additional 458,853 shares during the period. State Street Corp grew its stake in Texas Instruments by 1.9% in the 1st quarter. State Street Corp now owns 37,818,973 shares of the semiconductor company’s stock valued at $7,034,694,000 after buying an additional 721,775 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Texas Instruments by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 18,893,821 shares of the semiconductor company’s stock worth $2,986,123,000 after acquiring an additional 839,964 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Texas Instruments by 54.4% during the fourth quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock worth $2,434,572,000 after acquiring an additional 5,191,426 shares during the period. Finally, Northern Trust Corp grew its position in shares of Texas Instruments by 2.9% in the third quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company’s stock valued at $1,764,284,000 after purchasing an additional 315,302 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on TXN shares. KeyCorp raised their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Cantor Fitzgerald lifted their price target on shares of Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. Mizuho reduced their price target on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. Susquehanna reduced their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Wednesday, January 24th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a research note on Tuesday, January 23rd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $176.68.

Texas Instruments Stock Down 1.1 %

TXN opened at $165.70 on Thursday. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The company’s 50-day moving average price is $168.09 and its two-hundred day moving average price is $161.71. The stock has a market cap of $150.80 billion, a price-to-earnings ratio of 23.47, a PEG ratio of 3.61 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last posted its quarterly 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 company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The firm’s quarterly revenue was down 12.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.13 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Insider Activity at Texas Instruments

In related news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the transaction, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.68% of the stock is currently owned by corporate 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.