Stratos Wealth Partners LTD. Lowers Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Stratos Wealth Partners LTD. decreased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,823 shares of the semiconductor company's stock after selling 2,095 shares during the quarter. Stratos Wealth Partners LTD.'s holdings in Texas Instruments were worth $8,234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TXN. Norges Bank bought a new position in shares of Texas Instruments in the 4th quarter valued at $2,584,490,000. GAMMA Investing LLC increased 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 last quarter. Invesco Ltd. increased its stake in shares of Texas Instruments by 15.4% in the 4th quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock valued at $2,230,086,000 after purchasing an additional 1,587,036 shares during the last quarter. Northern Trust Corp increased its stake in shares of Texas Instruments by 12.2% in the 4th quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock valued at $1,949,731,000 after purchasing an additional 1,132,187 shares during the last quarter. Finally, Capital International Investors increased its stake in shares of Texas Instruments by 26.3% in the 4th quarter. Capital International Investors now owns 5,194,675 shares of the semiconductor company's stock valued at $974,054,000 after purchasing an additional 1,080,782 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Down 0.1%

Shares of NASDAQ TXN traded down $0.24 during mid-day trading on Wednesday, reaching $216.39. 5,229,706 shares of the company's stock traded hands, compared to its average volume of 6,444,821. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The business has a 50-day simple moving average of $190.62 and a 200 day simple moving average of $183.68. The stock has a market cap of $196.58 billion, a P/E ratio of 41.06, a PEG ratio of 3.48 and a beta of 1.03. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued 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 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same period in the previous year, the company posted $1.10 EPS. The company's revenue for the quarter was up 11.1% on a year-over-year basis. On average, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal 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 paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Mizuho lifted their price target on Texas Instruments from $170.00 to $205.00 and gave the company a "neutral" rating in a research note on Tuesday. UBS Group raised their price objective on Texas Instruments from $215.00 to $245.00 and gave the company a "buy" rating in a report on Monday. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Barclays downgraded Texas Instruments from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $180.00 to $125.00 in a report on Tuesday, April 22nd. Finally, Citigroup upped their price target on Texas Instruments from $220.00 to $260.00 and gave the company a "buy" rating in a research report on Monday. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $196.91.

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.