Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,062,604 shares of the semiconductor company's stock after buying an additional 288,672 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.88% of Texas Instruments worth $1,511,819,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Promus Capital LLC acquired a new stake in Texas Instruments during the fourth quarter valued at $25,000. Financial Life Planners bought a new position in shares of Texas Instruments during the 4th quarter worth about $26,000. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $28,000. Finally, Atala Financial Inc bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $37,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares in the company, valued at approximately $2,202,353.92. This represents a 35.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the transaction, the chairman now directly owns 409,089 shares in the company, valued at approximately $80,872,804.41. This trade represents a 19.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 297,065 shares of company stock worth $59,734,685. 0.57% of the stock is owned by insiders.

Texas Instruments Trading Down 0.1%

Texas Instruments stock opened at $188.34 on Tuesday. The company has a market capitalization of $171.10 billion, a price-to-earnings ratio of 36.29, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The business's fifty day simple moving average is $167.54 and its two-hundred day simple moving average is $184.17.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts' expectations of $3.91 billion. During the same period in the prior year, the firm posted $1.10 EPS. The firm's quarterly revenue was up 11.1% on a year-over-year basis. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced 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. This represents a $5.44 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.

Wall Street Analyst Weigh In

TXN has been the topic of several recent analyst reports. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Mizuho set a $170.00 price objective on Texas Instruments in a research note on Thursday, April 24th. Wells Fargo & Company lowered their target price on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. Morgan Stanley reaffirmed an "underweight" rating and issued a $148.00 price target (up from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Finally, Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $189.41.

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.

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