Public Employees Retirement Association of Colorado grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 457.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 948,682 shares of the semiconductor company’s stock after purchasing an additional 778,539 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Texas Instruments were worth $122,608,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of TXN. Delta Asset Management LLC TN grew its holdings in shares of Texas Instruments by 890.9% during the 3rd quarter. Delta Asset Management LLC TN now owns 218 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 196 shares in the last quarter. Lenox Wealth Management Inc. boosted its stake in Texas Instruments by 766.7% in the third quarter. Lenox Wealth Management Inc. now owns 260 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 230 shares in the last quarter. Financial Advantage Inc. acquired a new stake in Texas Instruments in the third quarter valued at about $34,000. Shine Investment Advisory Services Inc. boosted its stake in Texas Instruments by 348.8% in the second quarter. Shine Investment Advisory Services Inc. now owns 359 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 279 shares in the last quarter. Finally, Garrett Wealth Advisory Group LLC acquired a new stake in Texas Instruments in the third quarter valued at about $48,000. Institutional investors own 85.49% of the company’s stock.

Shares of TXN traded up $0.19 during mid-day trading on Friday, reaching $120.11. 3,804,800 shares of the company were exchanged, compared to its average volume of 5,050,332. Texas Instruments Incorporated has a 52 week low of $87.70 and a 52 week high of $132.20. The business has a 50 day simple moving average of $125.47 and a two-hundred day simple moving average of $119.20. The stock has a market capitalization of $112.04 billion, a PE ratio of 22.16, a PEG ratio of 2.40 and a beta of 1.23. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.32 and a current ratio of 4.34.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating the Zacks’ consensus estimate of $1.42 by $0.07. The business had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.82 billion. Texas Instruments had a return on equity of 58.00% and a net margin of 35.10%. The business’s quarterly revenue was down 11.5% on a year-over-year basis. During the same period last year, the firm earned $1.56 earnings per share. On average, analysts predict that Texas Instruments Incorporated will post 4.94 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 18th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.90 per share. The ex-dividend date of this dividend is Wednesday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $0.77. This represents a $3.60 dividend on an annualized basis and a yield of 3.00%. Texas Instruments’s dividend payout ratio (DPR) is currently 66.42%.

TXN has been the subject of several research reports. Morgan Stanley dropped their target price on Texas Instruments from $110.00 to $109.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 23rd. UBS Group increased their target price on Texas Instruments from $100.00 to $110.00 and gave the company a “sell” rating in a research report on Wednesday, October 23rd. Stifel Nicolaus set a $117.00 target price on Texas Instruments and gave the company a “hold” rating in a research report on Monday, October 21st. Credit Suisse Group increased their target price on Texas Instruments from $130.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. Finally, CIBC increased their target price on Texas Instruments from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have assigned a buy rating to the company’s stock. Texas Instruments currently has a consensus rating of “Hold” and a consensus target price of $120.97.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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