Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,830 shares of the semiconductor company’s stock after buying an additional 6,832 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Texas Instruments were worth $22,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Salem Investment Counselors Inc. raised its stake in Texas Instruments by 16.8% in the 1st quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock worth $77,000 after acquiring an additional 60 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Texas Instruments by 2.8% in the first quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock worth $416,000 after purchasing an additional 61 shares during the last quarter. Polar Capital Holdings Plc lifted its holdings in shares of Texas Instruments by 0.6% during the first quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock worth $1,802,000 after purchasing an additional 63 shares during the period. Riverview Trust Co increased its holdings in Texas Instruments by 57.4% in the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after buying an additional 66 shares during the period. Finally, Howard Financial Services LTD. raised its position in Texas Instruments by 3.1% during the 4th quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock worth $371,000 after buying an additional 66 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Down 1.9 %

Shares of TXN opened at $162.58 on Thursday. The stock has a 50 day moving average price of $168.09 and a 200 day moving average price of $161.71. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The stock has a market capitalization of $147.96 billion, a price-to-earnings ratio of 23.47, a PEG ratio of 3.61 and a beta of 1.04. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $188.12.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. The business had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company’s quarterly revenue was down 12.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.13 earnings per share. Equities research analysts forecast that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares in the company, valued at $1,869,126.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Morgan Stanley increased their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 24th. Susquehanna reduced their price target on Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a research report on Wednesday, January 24th. Mizuho lowered their price objective 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. Cantor Fitzgerald lifted their target price on shares of Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of Texas Instruments in a report on Tuesday, January 23rd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $176.68.

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.