MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Has $182,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lowered its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 71.6% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,011 shares of the semiconductor company's stock after selling 2,550 shares during the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in Texas Instruments were worth $182,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Texas Instruments in the fourth quarter worth about $2,584,490,000. GAMMA Investing LLC grew its stake in shares of Texas Instruments by 21,778.6% in the 1st quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock valued at $614,938,000 after purchasing an additional 3,406,386 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Texas Instruments by 11.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock worth $4,029,115,000 after buying an additional 2,237,035 shares in the last quarter. Invesco Ltd. lifted its position in shares of Texas Instruments by 15.4% during the 4th quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock worth $2,230,086,000 after buying an additional 1,587,036 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Texas Instruments in the 4th quarter valued at $295,665,000. 84.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on TXN shares. Citigroup lifted their price target on shares of Texas Instruments from $210.00 to $220.00 and gave the company a "buy" rating in a report on Monday, June 9th. KeyCorp cut their target price on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. TD Securities reissued a "hold" rating and issued a $160.00 price target on shares of Texas Instruments in a report on Thursday, April 24th. Cantor Fitzgerald dropped their price objective on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $216.00 target price on shares of Texas Instruments in a research note on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $190.55.

Texas Instruments Stock Up 2.2%

Shares of NASDAQ TXN traded up $4.22 during trading hours on Monday, hitting $199.22. The company had a trading volume of 5,863,234 shares, compared to its average volume of 6,376,664. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The firm's 50 day moving average is $172.92 and its 200-day moving average is $181.91. The stock has a market capitalization of $180.99 billion, a P/E ratio of 38.39, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00.

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

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.

About Texas Instruments

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.