1,248 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Bought by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,248 shares of the semiconductor company’s stock, valued at approximately $210,000.

Several other institutional investors have also modified their holdings of the stock. Annapolis Financial Services LLC lifted its holdings in Texas Instruments by 333.3% in the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in Texas Instruments in the 3rd quarter valued at $25,000. Riverview Trust Co grew its position in shares of Texas Instruments by 57.4% in the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 66 shares during the last quarter. Coppell Advisory Solutions Corp. bought a new position in Texas Instruments during the fourth quarter valued at $30,000. Finally, AMH Equity Ltd bought a new position in shares of Texas Instruments in the third quarter worth $32,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Up 0.8 %

NASDAQ:TXN traded up $1.34 during mid-day trading on Thursday, reaching $174.21. 4,416,867 shares of the company’s stock traded hands, compared to its average volume of 5,693,491. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12. The firm has a market capitalization of $158.54 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 3.61 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The company has a 50 day moving average price of $166.63 and a 200-day moving average price of $160.86.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The firm had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same period last year, the firm earned $2.13 earnings per share. The company’s quarterly revenue was down 12.7% on a year-over-year basis. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were paid a dividend of $1.30 per share. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 annualized dividend and a yield of 2.98%. Texas Instruments’s dividend payout ratio (DPR) is 73.65%.

Wall Street Analyst Weigh In

A number of research firms have commented on TXN. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and raised their price target for the company from $170.00 to $195.00 in a report on Friday, January 19th. Barclays reduced their price objective on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 24th. KeyCorp increased their price objective on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Mizuho cut their price target on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 24th. Finally, Morgan Stanley boosted their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $173.89.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the transaction, the director now owns 11,693 shares in the company, valued at approximately $1,869,126.05. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.68% of the stock is currently owned by insiders.

Texas Instruments Company Profile

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.