Private Management Group Inc. Purchases 81 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Private Management Group Inc. lifted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 6.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,372 shares of the semiconductor company’s stock after acquiring an additional 81 shares during the period. Private Management Group Inc.’s holdings in Texas Instruments were worth $234,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Annapolis Financial Services LLC grew its stake in shares of Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 120 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in Texas Instruments during the third quarter worth about $25,000. Tennessee Valley Asset Management Partners bought a new stake in Texas Instruments during the fourth quarter worth about $25,000. Life Planning Partners Inc bought a new stake in Texas Instruments during the fourth quarter worth about $26,000. Finally, Riverview Trust Co lifted its position in Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 66 shares during the period. 84.99% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the firm’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now directly owns 11,693 shares in the company, valued at approximately $1,869,126.05. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.68% of the stock is owned by company insiders.

Analyst Ratings Changes

TXN has been the subject of several recent analyst reports. Morgan Stanley upped their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 24th. Oppenheimer reaffirmed a “market perform” rating on shares of Texas Instruments in a research report on Wednesday. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. KeyCorp upped their price objective 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. Finally, Barclays dropped their target price on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $181.79.

Texas Instruments Trading Up 5.6 %

Shares of TXN stock traded up $9.34 during trading hours on Wednesday, hitting $174.81. 13,846,170 shares of the company were exchanged, compared to its average volume of 5,623,271. The firm has a market cap of $159.09 billion, a P/E ratio of 24.81, a P/E/G ratio of 3.52 and a beta of 1.04. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. 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 company has a 50 day simple moving average of $168.32 and a two-hundred day simple moving average of $161.90.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.07 by $0.13. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter last year, the firm posted $1.85 EPS. The company’s quarterly revenue was down 16.4% on a year-over-year basis. Equities analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current year.

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.