Rational Advisors LLC cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 57.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,550 shares of the semiconductor company’s stock after selling 3,470 shares during the quarter. Rational Advisors LLC’s holdings in Texas Instruments were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in TXN. Westside Investment Management Inc. grew its holdings in shares of Texas Instruments by 6.9% during the 2nd quarter. Westside Investment Management Inc. now owns 1,552 shares of the semiconductor company’s stock valued at $122,000 after purchasing an additional 100 shares during the last quarter. Zions Bancorporation grew its holdings in shares of Texas Instruments by 915.6% during the 3rd quarter. Zions Bancorporation now owns 1,564 shares of the semiconductor company’s stock valued at $140,000 after purchasing an additional 1,410 shares during the last quarter. Willingdon Wealth Management bought a new stake in shares of Texas Instruments during the 3rd quarter valued at approximately $141,000. Advantage Investment Management LLC grew its holdings in shares of Texas Instruments by 156.9% during the 3rd quarter. Advantage Investment Management LLC now owns 1,757 shares of the semiconductor company’s stock valued at $158,000 after purchasing an additional 1,073 shares during the last quarter. Finally, SevenBridge Financial Group LLC grew its holdings in shares of Texas Instruments by 96.7% during the 3rd quarter. SevenBridge Financial Group LLC now owns 1,770 shares of the semiconductor company’s stock valued at $159,000 after purchasing an additional 870 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors.

Texas Instruments Incorporated (NASDAQ TXN) opened at $102.68 on Thursday. The stock has a market cap of $101,200.00, a P/E ratio of 28.52, a PEG ratio of 2.14 and a beta of 1.24. Texas Instruments Incorporated has a 1 year low of $74.93 and a 1 year high of $120.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.87 and a quick ratio of 3.00.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.09. The firm had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.74 billion. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.91 EPS. equities research analysts forecast that Texas Instruments Incorporated will post 4.97 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, February 12th. Stockholders of record on Wednesday, January 31st were given a $0.62 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.42%. Texas Instruments’s dividend payout ratio (DPR) is currently 68.89%.

In related news, insider Stephen A. Anderson sold 141,638 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $111.12, for a total transaction of $15,738,814.56. Following the transaction, the insider now owns 178,200 shares in the company, valued at approximately $19,801,584. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Haviv Ilan sold 23,831 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the transaction, the vice president now owns 131,153 shares in the company, valued at approximately $14,474,045.08. The disclosure for this sale can be found here. Insiders sold a total of 707,677 shares of company stock worth $78,161,034 in the last 90 days. Corporate insiders own 0.96% of the company’s stock.

A number of research firms have weighed in on TXN. BMO Capital Markets reissued a “buy” rating and set a $105.00 target price on shares of Texas Instruments in a report on Wednesday, October 25th. Bank of America boosted their target price on shares of Texas Instruments from $100.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Oppenheimer reissued a “buy” rating and set a $110.00 target price (up from $92.00) on shares of Texas Instruments in a report on Wednesday, October 25th. Drexel Hamilton reissued a “buy” rating and set a $110.00 target price (up from $95.00) on shares of Texas Instruments in a report on Wednesday, October 25th. Finally, Royal Bank of Canada reissued a “buy” rating and set a $112.00 target price on shares of Texas Instruments in a report on Thursday, January 4th. Fifteen investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Texas Instruments presently has a consensus rating of “Buy” and an average target price of $109.65.

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Texas Instruments Company Profile

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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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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