Capitolis Liquid Global Markets LLC Sells 45,000 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Capitolis Liquid Global Markets LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 598,000 shares of the semiconductor company's stock after selling 45,000 shares during the period. Texas Instruments makes up 1.1% of Capitolis Liquid Global Markets LLC's portfolio, making the stock its 21st biggest holding. Capitolis Liquid Global Markets LLC owned approximately 0.07% of Texas Instruments worth $112,131,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TXN. BOKF NA boosted its holdings in Texas Instruments by 3.5% in the 4th quarter. BOKF NA now owns 36,765 shares of the semiconductor company's stock valued at $6,991,000 after purchasing an additional 1,238 shares during the period. Blue Capital Inc. acquired a new stake in Texas Instruments during the fourth quarter worth about $217,000. Brevan Howard Capital Management LP bought a new position in Texas Instruments during the fourth quarter valued at about $2,251,000. Captrust Financial Advisors raised its holdings in Texas Instruments by 5.9% in the 4th quarter. Captrust Financial Advisors now owns 101,324 shares of the semiconductor company's stock valued at $18,999,000 after acquiring an additional 5,680 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth approximately $15,866,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now owns 10,816 shares in the company, valued at $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Richard K. Templeton sold 97,000 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the completion of the sale, the chairman now directly owns 409,089 shares in the company, valued at $80,872,804.41. This represents a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 297,065 shares of company stock worth $59,734,685. Company insiders own 0.57% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TXN shares. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. Morgan Stanley reiterated an "underweight" rating and set a $148.00 target price (up from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Truist Financial dropped their price target on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Finally, Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective on the stock in a report on Monday, April 7th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $189.41.

Texas Instruments Price Performance

Shares of TXN stock opened at $162.42 on Tuesday. The firm's 50 day moving average price is $169.55 and its two-hundred day moving average price is $185.90. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39. The stock has a market cap of $147.55 billion, a PE ratio of 31.29, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The business had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. As a group, analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.35%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's payout ratio is presently 103.23%.

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.

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