Intellectus Partners LLC Has $766,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Intellectus Partners LLC grew its position in Texas Instruments Incorporated (NASDAQ:TXN) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,496 shares of the semiconductor company’s stock after acquiring an additional 218 shares during the quarter. Intellectus Partners LLC’s holdings in Texas Instruments were worth $766,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Howard Financial Services LTD. raised its holdings in shares of Texas Instruments by 3.1% in the 4th quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock worth $371,000 after buying an additional 66 shares in the last quarter. Sandy Spring Bank grew its holdings in shares of Texas Instruments by 3.5% in the 4th quarter. Sandy Spring Bank now owns 1,934 shares of the semiconductor company’s stock worth $330,000 after purchasing an additional 66 shares during the last quarter. Harbour Investments Inc. lifted its holdings in Texas Instruments by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 3,197 shares of the semiconductor company’s stock valued at $508,000 after purchasing an additional 67 shares during the last quarter. Pinnacle Financial Partners Inc boosted its position in Texas Instruments by 0.5% in the third quarter. Pinnacle Financial Partners Inc now owns 12,470 shares of the semiconductor company’s stock valued at $1,983,000 after buying an additional 68 shares in the last quarter. Finally, Hartford Financial Management Inc. grew its stake in Texas Instruments by 0.4% during the fourth quarter. Hartford Financial Management Inc. now owns 18,044 shares of the semiconductor company’s stock worth $3,076,000 after buying an additional 68 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TXN shares. KeyCorp boosted their target price on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Benchmark restated a “buy” rating and set a $210.00 target price on shares of Texas Instruments in a research report on Wednesday, April 24th. Susquehanna lifted their price objective on Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, April 24th. Rosenblatt Securities reiterated a “buy” rating and set a $210.00 price target on shares of Texas Instruments in a research report on Wednesday, April 24th. Finally, Robert W. Baird increased their price objective on shares of Texas Instruments from $125.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $180.74.

Insider Buying and Selling

In other news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the transaction, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Up 1.3 %

Shares of TXN opened at $177.48 on Monday. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $161.59 billion, a PE ratio of 27.69, a P/E/G ratio of 3.78 and a beta of 1.04. The firm’s 50 day moving average is $169.29 and its 200-day moving average is $162.29. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $188.12.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The company had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. During the same quarter last year, the business earned $1.85 earnings per share. Texas Instruments’s revenue was down 16.4% on a year-over-year basis. Equities research analysts forecast that Texas Instruments Incorporated will post 5.21 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is 81.12%.

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.