Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Stratos Investment Management LLC

Stratos Investment Management LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 17.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,990 shares of the semiconductor company’s stock after selling 1,701 shares during the period. Stratos Investment Management LLC’s holdings in Texas Instruments were worth $1,498,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Czech National Bank lifted its stake in shares of Texas Instruments by 7.2% in the 3rd quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after acquiring an additional 12,496 shares during the period. Azzad Asset Management Inc. ADV lifted its stake in shares of 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 acquiring an additional 188 shares during the period. Diversified Trust Co lifted its stake in shares of Texas Instruments by 30.3% in the 3rd quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock worth $1,807,000 after acquiring an additional 2,033 shares during the period. Miracle Mile Advisors LLC lifted its stake in shares of Texas Instruments by 13.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 9,830 shares of the semiconductor company’s stock worth $2,031,000 after acquiring an additional 1,183 shares during the period. Finally, Fulton Bank N.A. lifted its stake in shares of Texas Instruments by 1.3% in the 3rd quarter. Fulton Bank N.A. now owns 7,466 shares of the semiconductor company’s stock worth $1,542,000 after acquiring an additional 93 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Down 0.2 %

Shares of NASDAQ:TXN opened at $180.56 on Wednesday. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The company’s 50-day moving average price is $191.25 and its two-hundred day moving average price is $198.57. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The firm has a market cap of $164.71 billion, a P/E ratio of 34.79, a P/E/G ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates 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 company posted $1.49 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.01%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

Wall Street Analyst Weigh In

TXN has been the topic of a number of research reports. Susquehanna dropped their target price 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. Mizuho dropped their target price on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Evercore ISI boosted their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Barclays dropped their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Finally, Wells Fargo & Company dropped their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $209.20.

Insider Buying and Selling

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction that occurred on 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 sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.68% of the stock is owned by 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.