Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by KBC Group NV

KBC Group NV cut its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 11.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,632 shares of the semiconductor company's stock after selling 19,892 shares during the period. KBC Group NV's holdings in Texas Instruments were worth $27,788,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of TXN. Promus Capital LLC purchased a new position in shares of Texas Instruments in the fourth quarter worth about $25,000. Summit Securities Group LLC acquired a new position in Texas Instruments in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Texas Instruments during the 4th quarter worth approximately $28,000. Copia Wealth Management purchased a new position in Texas Instruments during the 4th quarter worth approximately $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new stake in Texas Instruments during the 1st quarter valued at approximately $34,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analysts Set New Price Targets

TXN has been the topic of a number of research reports. Morgan Stanley reiterated an "underweight" rating and issued a $148.00 price objective (up previously from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Cantor Fitzgerald cut their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. Baird R W upgraded Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Stifel Nicolaus decreased their price objective on Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a report on Thursday, April 17th. Finally, DZ Bank raised Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 target price on the stock in a report on Friday, April 25th. Four investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $191.49.

Texas Instruments Price Performance

Shares of Texas Instruments stock traded down $0.03 during mid-day trading on Thursday, reaching $215.57. 2,558,614 shares of the stock traded hands, compared to its average volume of 6,412,827. The stock has a market capitalization of $195.83 billion, a PE ratio of 40.90, a PEG ratio of 3.43 and a beta of 1.03. The business has a 50-day moving average of $186.36 and a 200 day moving average of $182.92. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.06 by $0.22. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm's revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 EPS. On average, analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a yield of 2.52%. Texas Instruments's payout ratio is presently 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.