Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 6,626 shares of the semiconductor company’s stock after selling 300 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Texas Instruments were worth $1,242,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. purchased a new stake in Texas Instruments during the 3rd quarter worth $28,000. Financial Life Planners acquired a new position in Texas Instruments in the 4th quarter worth $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments during the fourth quarter valued at about $27,000. Tsfg LLC lifted its stake in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 82 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in Texas Instruments during the 3rd quarter valued at approximately $39,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Price Performance

NASDAQ TXN opened at $183.28 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The firm has a market capitalization of $167.19 billion, a PE ratio of 35.31, a P/E/G ratio of 2.94 and a beta of 0.97. The company’s 50 day simple moving average is $190.49 and its 200 day simple moving average is $198.32. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period in the previous year, the company posted $1.49 EPS. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TXN shares. Benchmark restated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Barclays dropped their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Susquehanna decreased their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research report on Monday, October 21st. Mizuho lowered their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Finally, Robert W. Baird dropped their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average price target of $209.20.

Texas Instruments 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.