GPS Wealth Strategies Group LLC Reduces Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

GPS Wealth Strategies Group LLC decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,392 shares of the semiconductor company’s stock after selling 179 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Texas Instruments were worth $261,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Centaurus Financial Inc. lifted its position in shares of Texas Instruments by 10.5% during the second quarter. Centaurus Financial Inc. now owns 2,537 shares of the semiconductor company’s stock worth $494,000 after acquiring an additional 241 shares in the last quarter. Czech National Bank lifted its holdings in Texas Instruments by 7.2% during the 3rd quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after purchasing an additional 12,496 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Texas Instruments by 19.5% during the 3rd quarter. GAMMA Investing LLC now owns 15,519 shares of the semiconductor company’s stock worth $3,206,000 after purchasing an additional 2,532 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its stake in Texas Instruments by 1.5% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock worth $2,600,000 after purchasing an additional 188 shares during the period. Finally, Diversified Trust Co grew its holdings in Texas Instruments by 30.3% during the 3rd quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock valued at $1,807,000 after buying an additional 2,033 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of analyst reports. Barclays cut their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Monday, October 21st. Benchmark reissued a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Evercore ISI upped their target price on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Two investment 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, Texas Instruments presently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $184.61 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38. The company has a fifty day moving average of $191.69 and a 200-day moving average of $198.78. The stock has a market capitalization of $168.40 billion, a price-to-earnings ratio of 35.57, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) 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 business earned $1.49 earnings per share. Equities research analysts expect that Texas Instruments Incorporated will post 5.42 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a $1.36 dividend. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.95%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Texas Instruments 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.