111 Capital Buys New Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

111 Capital bought a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,837 shares of the semiconductor company's stock, valued at approximately $1,470,000.

A number of other hedge funds also recently made changes to their positions in the business. Promus Capital LLC purchased a new stake in Texas Instruments in the fourth quarter worth $25,000. Financial Life Planners purchased a new position in shares of Texas Instruments during the 4th quarter valued at $26,000. Summit Securities Group LLC bought a new position in shares of Texas Instruments during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Texas Instruments in the 4th quarter worth about $28,000. Finally, Copia Wealth Management purchased a new stake in Texas Instruments in the 4th quarter worth about $30,000. 84.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on TXN. Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a research report on Friday, April 25th. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. UBS Group cut their price objective on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Wells Fargo & Company dropped their target price on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Finally, Citigroup cut their price target on Texas Instruments from $235.00 to $210.00 and set a "buy" rating for the company in a report on Friday, April 11th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and a consensus target price of $189.41.

Texas Instruments Price Performance

TXN stock traded down $4.14 during midday trading on Friday, reaching $180.85. The company had a trading volume of 15,099,736 shares, compared to its average volume of 6,347,959. The firm has a 50-day moving average price of $168.00 and a 200-day moving average price of $182.90. The company has a market capitalization of $164.30 billion, a P/E ratio of 34.85, a P/E/G ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

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

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a dividend of $1.36 per share. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.01%. Texas Instruments's dividend payout ratio is 103.23%.

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.