Mn Services Vermogensbeheer B.V. Sells 7,700 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Mn Services Vermogensbeheer B.V. lowered its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 351,284 shares of the semiconductor company’s stock after selling 7,700 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Texas Instruments were worth $72,565,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TXN. Tsfg LLC lifted its holdings in shares of Texas Instruments by 82.0% in the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares during the period. McClarren Financial Advisors Inc. purchased a new stake in shares of Texas Instruments during the third quarter valued at $43,000. Friedenthal Financial acquired a new stake in shares of Texas Instruments during the second quarter worth about $50,000. Baldwin Brothers LLC MA increased its stake in shares of Texas Instruments by 121.3% in the second quarter. Baldwin Brothers LLC MA now owns 301 shares of the semiconductor company’s stock worth $59,000 after acquiring an additional 165 shares during the period. Finally, Key Financial Inc lifted its position in Texas Instruments by 46.9% during the second quarter. Key Financial Inc now owns 313 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 100 shares during the period. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.1 %

Shares of Texas Instruments stock traded down $0.22 during trading on Monday, hitting $204.70. The stock had a trading volume of 583,506 shares, compared to its average volume of 5,465,495. The stock has a 50 day simple moving average of $203.81 and a 200 day simple moving average of $197.05. Texas Instruments Incorporated has a 1 year low of $143.08 and a 1 year high of $214.66. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $186.73 billion, a PE ratio of 37.96, a P/E/G ratio of 4.44 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.09. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The company had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter in the previous year, the business posted $1.80 EPS. The business’s revenue for the quarter was down 8.4% on a year-over-year basis. On average, research analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be given a dividend of $1.36 per share. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date is Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.66%. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

Insider Transactions at Texas Instruments

In related news, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $208.91, for a total value of $588,290.56. Following the transaction, the vice president now owns 24,112 shares in the company, valued at approximately $5,037,237.92. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now owns 20,461 shares in the company, valued at $4,272,256.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the transaction, the vice president now directly owns 24,112 shares of the company’s stock, valued at $5,037,237.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,548 shares of company stock valued at $5,341,235 in the last three months. Corporate insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on TXN. Stifel Nicolaus raised their target price on Texas Instruments from $172.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, July 18th. Benchmark reiterated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research report on Wednesday, October 23rd. Evercore ISI upped their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Robert W. Baird lowered their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Finally, Susquehanna lowered their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $206.95.

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.