Mn Services Vermogensbeheer B.V. Has $60.18 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Mn Services Vermogensbeheer B.V. trimmed its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 6.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 334,884 shares of the semiconductor company's stock after selling 23,900 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Texas Instruments were worth $60,179,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Texas Instruments by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company's stock worth $17,544,800,000 after buying an additional 649,620 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Texas Instruments by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock worth $4,032,599,000 after acquiring an additional 267,352 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Texas Instruments by 11.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock worth $4,029,115,000 after purchasing an additional 2,237,035 shares in the last quarter. Norges Bank purchased a new position in Texas Instruments in the 4th quarter valued at $2,584,490,000. Finally, Alliancebernstein L.P. grew its holdings in shares of Texas Instruments by 6.9% during the fourth quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock worth $2,382,684,000 after buying an additional 822,797 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Up 1.8%

Shares of NASDAQ TXN traded up $3.48 during mid-day trading on Monday, reaching $198.48. 1,116,782 shares of the company traded hands, compared to its average volume of 7,439,264. The company's fifty day moving average is $172.92 and its two-hundred day moving average is $181.91. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The stock has a market cap of $180.32 billion, a PE ratio of 38.25, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the firm earned $1.10 EPS. The firm's revenue 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 year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders 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 yield of 2.74%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's payout ratio is 103.23%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Sanford C. Bernstein raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Seaport Res Ptn upgraded Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Cantor Fitzgerald cut their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, UBS Group reduced their price objective on Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $190.55.

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.