Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 334,884 shares of the semiconductor company’s stock after selling 23,900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Texas Instruments were worth $60,179,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Gerber Kawasaki Wealth & Investment Management grew its stake in Texas Instruments by 1.8% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company’s stock valued at $598,000 after acquiring an additional 56 shares in the last quarter. Voya Financial Advisors Inc. lifted its holdings in Texas Instruments by 1.6% during the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company’s stock valued at $686,000 after buying an additional 58 shares in the last quarter. Dunhill Financial LLC raised its holdings in shares of Texas Instruments by 3.7% in the 4th quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company’s stock valued at $320,000 after purchasing an additional 61 shares in the last quarter. Prestige Wealth Management Group LLC raised its holdings in shares of Texas Instruments by 3.7% in the 4th quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company’s stock valued at $327,000 after purchasing an additional 62 shares in the last quarter. Finally, Main Street Research LLC grew its position in shares of Texas Instruments by 3.1% in the 4th quarter. Main Street Research LLC now owns 2,110 shares of the semiconductor company’s stock worth $396,000 after buying an additional 63 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

Shares of TXN opened at $195.00 on Friday. The firm has a market capitalization of $177.15 billion, a PE ratio of 37.57, a PEG ratio of 3.30 and a beta of 1.00. The company’s 50-day moving average is $172.92 and its 200-day moving average is $182.03. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company’s revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.10 earnings per share. Equities analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments’s payout ratio is presently 103.23%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. TD Securities restated a “hold” rating and set a $160.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. Rosenblatt Securities restated a “buy” rating and set a $216.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. JPMorgan Chase & Co. dropped their target price on shares of Texas Instruments from $230.00 to $195.00 and set an “overweight” rating on the stock in a research report on Thursday, April 24th. Cantor Fitzgerald dropped their target price on shares of Texas Instruments from $200.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, April 24th. Finally, Sanford C. Bernstein upgraded Texas Instruments from a “strong sell” rating to a “hold” rating in a report on Thursday, June 5th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $189.86.

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.