Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Raised by Ibex Wealth Advisors

Ibex Wealth Advisors grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 15.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,394 shares of the semiconductor company’s stock after buying an additional 8,487 shares during the quarter. Texas Instruments accounts for 2.5% of Ibex Wealth Advisors’ portfolio, making the stock its 5th largest position. Ibex Wealth Advisors’ holdings in Texas Instruments were worth $8,261,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Eagle Asset Management Inc. bought a new position in Texas Instruments in the third quarter worth approximately $125,245,000. Public Employees Retirement Association of Colorado raised its position in shares of Texas Instruments by 457.6% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 948,682 shares of the semiconductor company’s stock valued at $122,608,000 after purchasing an additional 778,539 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Texas Instruments by 84.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,456,439 shares of the semiconductor company’s stock valued at $188,230,000 after purchasing an additional 666,577 shares during the period. California Public Employees Retirement System raised its position in shares of Texas Instruments by 14.1% during the 3rd quarter. California Public Employees Retirement System now owns 3,386,148 shares of the semiconductor company’s stock valued at $437,626,000 after purchasing an additional 419,738 shares during the period. Finally, Wedge Capital Management L L P NC raised its position in shares of Texas Instruments by 17,054.7% during the 3rd quarter. Wedge Capital Management L L P NC now owns 370,199 shares of the semiconductor company’s stock valued at $47,845,000 after purchasing an additional 368,041 shares during the period. Hedge funds and other institutional investors own 85.03% of the company’s stock.

Several analysts have recently commented on TXN shares. Bank of America decreased their price objective on shares of Texas Instruments from $150.00 to $140.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Charter Equity cut shares of Texas Instruments from a “buy” rating to a “market perform” rating in a research note on Wednesday, October 23rd. ValuEngine cut shares of Texas Instruments from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Citigroup raised their target price on shares of Texas Instruments from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Oppenheimer raised their target price on shares of Texas Instruments from to in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and ten have assigned a buy rating to the company. Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $127.41.

In other Texas Instruments news, VP Ahmad Bahai sold 1,550 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $117.99, for a total transaction of $182,884.50. Following the completion of the transaction, the vice president now owns 25,354 shares of the company’s stock, valued at $2,991,518.46. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Hagop H. Kozanian sold 5,383 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $119.51, for a total transaction of $643,322.33. Following the transaction, the vice president now directly owns 41,839 shares of the company’s stock, valued at approximately $5,000,178.89. The disclosure for this sale can be found here. Corporate insiders own 0.89% of the company’s stock.

Shares of NASDAQ:TXN traded down $4.28 on Friday, reaching $129.97. The company’s stock had a trading volume of 336,252 shares, compared to its average volume of 4,013,755. Texas Instruments Incorporated has a 52-week low of $97.80 and a 52-week high of $135.70. The company has a market cap of $124.64 billion, a P/E ratio of 24.90, a PEG ratio of 2.64 and a beta of 1.21. The company has a 50-day simple moving average of $128.12 and a 200 day simple moving average of $124.31. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.32 and a current ratio of 4.34.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Wednesday, January 22nd. The semiconductor company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.10. Texas Instruments had a net margin of 34.83% and a return on equity of 56.61%. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.21 billion. During the same period last year, the company posted $1.27 EPS. The business’s revenue was down 9.9% on a year-over-year basis. On average, equities research analysts forecast that Texas Instruments Incorporated will post 4.98 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 31st will be issued a $0.90 dividend. The ex-dividend date is Thursday, January 30th. This represents a $3.60 annualized dividend and a dividend yield of 2.77%. Texas Instruments’s dividend payout ratio (DPR) is presently 68.70%.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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