OneDigital Investment Advisors LLC Has $3.84 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

OneDigital Investment Advisors LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 29.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,469 shares of the semiconductor company’s stock after buying an additional 4,692 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Texas Instruments were worth $3,838,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Promus Capital LLC acquired a new position in Texas Instruments during the fourth quarter worth $25,000. Financial Life Planners bought a new stake in shares of Texas Instruments in the 4th quarter worth about $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments during the 4th quarter worth about $27,000. Summit Securities Group LLC bought a new position in Texas Instruments during the 4th quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Texas Instruments in the fourth quarter valued at about $28,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Up 0.8 %

Texas Instruments stock opened at $146.76 on Wednesday. The company’s 50 day simple moving average is $175.71 and its 200 day simple moving average is $188.61. The firm has a market capitalization of $133.54 billion, a price-to-earnings ratio of 28.28, a PEG ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the previous year, the firm posted $1.49 EPS. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th will be given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date is Wednesday, April 30th. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Buying and Selling

In other news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. This represents a 19.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on TXN shares. Robert W. Baird raised shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price objective for the company in a report on Monday, April 7th. UBS Group cut their price objective on Texas Instruments from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Citigroup decreased their target price on Texas Instruments from $235.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Finally, Baird R W upgraded shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 7th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $204.24.

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.