CENTRAL TRUST Co Acquires 482 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

CENTRAL TRUST Co boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,978 shares of the semiconductor company’s stock after acquiring an additional 482 shares during the quarter. CENTRAL TRUST Co’s holdings in Texas Instruments were worth $2,809,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Centaurus Financial Inc. raised its position in shares of Texas Instruments by 10.5% during the second quarter. Centaurus Financial Inc. now owns 2,537 shares of the semiconductor company’s stock worth $494,000 after acquiring an additional 241 shares during the last quarter. Czech National Bank increased its position in Texas Instruments by 7.2% in the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after purchasing an additional 12,496 shares during the period. GAMMA Investing LLC raised its holdings in Texas Instruments by 19.5% during the 3rd quarter. GAMMA Investing LLC now owns 15,519 shares of the semiconductor company’s stock worth $3,206,000 after purchasing an additional 2,532 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its position in Texas Instruments by 1.5% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock valued at $2,600,000 after purchasing an additional 188 shares during the period. Finally, Diversified Trust Co boosted its stake in shares of Texas Instruments by 30.3% in the 3rd quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock valued at $1,807,000 after purchasing an additional 2,033 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insiders Place Their Bets

In other news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.68% of the company’s stock.

Texas Instruments Trading Down 0.4 %

Shares of NASDAQ:TXN opened at $184.61 on Monday. The company’s 50-day moving average price is $191.69 and its two-hundred day moving average price is $198.78. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. 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 stock has a market capitalization of $168.40 billion, a PE ratio of 35.57, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its earnings results 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 return on equity of 28.08% and a net margin of 30.68%. During the same quarter last year, the firm earned $1.49 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.95%. Texas Instruments’s dividend payout ratio is presently 104.82%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TXN. Robert W. Baird dropped their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Bank of America reduced their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Evercore ISI upped their price objective on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Finally, Rosenblatt Securities restated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $209.20.

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.