Investors sold shares of Texas Instruments Incorporated (NASDAQ:TXN) on strength during trading hours on Thursday. $48.94 million flowed into the stock on the tick-up and $117.79 million flowed out of the stock on the tick-down, for a money net flow of $68.85 million out of the stock. Of all equities tracked, Texas Instruments had the 17th highest net out-flow for the day. Texas Instruments traded up $0.76 for the day and closed at $97.78

Several research analysts recently issued reports on the stock. KeyCorp reiterated a “hold” rating on shares of Texas Instruments in a research report on Friday, November 24th. Mizuho reiterated a “hold” rating on shares of Texas Instruments in a research report on Wednesday, October 25th. BMO Capital Markets reiterated a “buy” rating and issued a $105.00 target price on shares of Texas Instruments in a research report on Wednesday, October 25th. Deutsche Bank upped their target price on shares of Texas Instruments from $80.00 to $92.00 and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Finally, Bank of America upped their target price on shares of Texas Instruments from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating, thirteen have issued a buy rating and three have given a strong buy rating to the company’s stock. Texas Instruments currently has an average rating of “Buy” and an average price target of $93.85.

The company has a current ratio of 3.89, a quick ratio of 2.96 and a debt-to-equity ratio of 0.28. The stock has a market cap of $95,620.00, a PE ratio of 23.87, a PEG ratio of 2.32 and a beta of 1.27.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, October 24th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.14. The business had revenue of $4.12 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 29.98% and a return on equity of 38.88%. The company’s revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.94 earnings per share. equities research analysts predict that Texas Instruments Incorporated will post 4.36 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 13th. Stockholders of record on Tuesday, October 31st were paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.54%. This is an increase from Texas Instruments’s previous quarterly dividend of $0.50. The ex-dividend date was Monday, October 30th. Texas Instruments’s dividend payout ratio is 56.49%.

Texas Instruments declared that its Board of Directors has approved a stock repurchase plan on Thursday, September 21st that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor company to purchase up to 74% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.

In other news, CEO Richard K. Templeton sold 190,000 shares of the company’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $96.88, for a total transaction of $18,407,200.00. Following the completion of the transaction, the chief executive officer now directly owns 1,137,056 shares of the company’s stock, valued at $110,157,985.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 16,990 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $96.44, for a total transaction of $1,638,515.60. Following the completion of the transaction, the director now directly owns 18,495 shares of the company’s stock, valued at $1,783,657.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,362,293 shares of company stock valued at $131,754,396. Insiders own 0.96% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. American Beacon Advisors Inc. bought a new position in Texas Instruments in the first quarter worth about $101,000. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Texas Instruments by 18.4% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 1,287 shares of the semiconductor company’s stock valued at $101,000 after purchasing an additional 200 shares in the last quarter. MV Capital Management Inc. increased its stake in shares of Texas Instruments by 7.6% during the second quarter. MV Capital Management Inc. now owns 1,324 shares of the semiconductor company’s stock valued at $102,000 after purchasing an additional 93 shares in the last quarter. Acrospire Investment Management LLC increased its stake in shares of Texas Instruments by 55.6% during the second quarter. Acrospire Investment Management LLC now owns 1,400 shares of the semiconductor company’s stock valued at $108,000 after purchasing an additional 500 shares in the last quarter. Finally, American National Bank increased its stake in shares of Texas Instruments by 2,470.9% during the second quarter. American National Bank now owns 1,414 shares of the semiconductor company’s stock valued at $109,000 after purchasing an additional 1,359 shares in the last quarter. 83.97% of the stock is owned by institutional investors.

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About Texas Instruments

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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