Wolf Group Capital Advisors Sells 11,977 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Wolf Group Capital Advisors cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 82.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 2,569 shares of the semiconductor company’s stock after selling 11,977 shares during the period. Wolf Group Capital Advisors’ holdings in Texas Instruments were worth $462,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Promus Capital LLC bought a new stake in shares of Texas Instruments in the fourth quarter valued at about $25,000. Summit Securities Group LLC bought a new stake in shares of Texas Instruments in the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Texas Instruments in the fourth quarter valued at about $28,000. Copia Wealth Management bought a new stake in shares of Texas Instruments in the fourth quarter valued at about $30,000. Finally, Quintet Private Bank Europe S.A. bought a new stake in shares of Texas Instruments in the first quarter valued at about $34,000. 84.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TXN shares. Wells Fargo & Company boosted their price target on Texas Instruments from $175.00 to $190.00 and gave the company an “equal weight” rating in a report on Monday. Argus raised Texas Instruments to a “strong-buy” rating in a research report on Friday, April 25th. Robert W. Baird raised Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 target price on the stock in a research report on Monday, April 7th. KeyCorp lowered their target price on Texas Instruments from $250.00 to $215.00 and set an “overweight” rating on the stock in a research report on Thursday, April 24th. Finally, Barclays downgraded Texas Instruments from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $180.00 to $125.00 in a research report on Tuesday, April 22nd. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $190.55.

Texas Instruments Price Performance

Texas Instruments stock opened at $197.69 on Wednesday. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The stock’s 50 day moving average is $174.54 and its 200-day moving average is $182.01. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $179.60 billion, a price-to-earnings ratio of 37.51, a PEG ratio of 3.24 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. Equities research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date was Wednesday, April 30th. Texas Instruments’s dividend payout ratio is currently 103.23%.

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.