Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 5.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,163 shares of the semiconductor company’s stock after purchasing an additional 927 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Texas Instruments were worth $3,267,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AXQ Capital LP lifted its stake in Texas Instruments by 64.3% in the third quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock worth $731,000 after acquiring an additional 1,800 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services lifted its position in shares of Texas Instruments by 0.4% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock worth $7,182,000 after buying an additional 155 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in shares of Texas Instruments by 39.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 8,405 shares of the semiconductor company’s stock worth $1,336,000 after buying an additional 2,397 shares during the last quarter. Salem Investment Counselors Inc. lifted its position in shares of Texas Instruments by 2.2% during the 4th quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock worth $1,403,000 after buying an additional 177 shares during the last quarter. Finally, Chicago Capital LLC lifted its position in shares of Texas Instruments by 182.7% during the 4th quarter. Chicago Capital LLC now owns 12,859 shares of the semiconductor company’s stock worth $2,192,000 after buying an additional 8,311 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Trading Down 0.4 %

Shares of TXN stock traded down $0.65 during trading hours on Thursday, hitting $174.16. 4,408,270 shares of the company were exchanged, compared to its average volume of 5,648,605. The firm has a market cap of $158.50 billion, a PE ratio of 27.27, a PEG ratio of 3.56 and a beta of 1.04. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The firm has a fifty day moving average of $168.66 and a 200 day moving average of $161.99.

Texas Instruments (NASDAQ:TXNGet Free Report) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.13. The business had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.54%. The company’s revenue was down 16.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.85 EPS. Analysts expect that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Stifel Nicolaus lifted their target price on shares of Texas Instruments from $160.00 to $172.00 and gave the company a “hold” rating in a report on Wednesday. Barclays cut their target price on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $180.00 target price on shares of Texas Instruments in a report on Wednesday. Susquehanna boosted their price objective on shares of Texas Instruments from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday. Finally, TD Cowen boosted their price objective on shares of Texas Instruments from $160.00 to $175.00 and gave the company a “hold” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average target price of $180.74.

Get Our Latest Analysis on TXN

About Texas Instruments

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXNFree Report).

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

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.