Roundview Capital LLC Lowers Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Roundview Capital LLC trimmed its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 27.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,272 shares of the semiconductor company's stock after selling 8,114 shares during the period. Roundview Capital LLC's holdings in Texas Instruments were worth $3,823,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TXN. Summit Securities Group LLC bought a new position in shares of Texas Instruments in the fourth quarter worth approximately $27,000. Cloud Capital Management LLC purchased a new stake in Texas Instruments in the 1st quarter worth approximately $28,000. Copia Wealth Management bought a new stake in shares of Texas Instruments in the 4th quarter worth approximately $30,000. Quintet Private Bank Europe S.A. purchased a new position in shares of Texas Instruments during the first quarter valued at approximately $34,000. Finally, Park Square Financial Group LLC bought a new position in shares of Texas Instruments during the fourth quarter valued at approximately $41,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Down 0.3%

Shares of TXN traded down $0.56 during midday trading on Thursday, hitting $185.69. 9,036,559 shares of the company's stock traded hands, compared to its average volume of 7,393,341. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The firm's fifty day moving average is $200.41 and its 200-day moving average is $185.61. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $168.69 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 3.50 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09. The firm had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 29.90%. The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.17 earnings per share. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Thursday, July 31st. Texas Instruments's payout ratio is 103.23%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. DZ Bank reissued a "sell" rating and set a $158.00 price objective on shares of Texas Instruments in a research report on Wednesday. Stifel Nicolaus boosted their price objective on shares of Texas Instruments from $160.00 to $192.00 and gave the company a "hold" rating in a research report on Friday, July 18th. JPMorgan Chase & Co. increased their price objective on shares of Texas Instruments from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday. Barclays cut Texas Instruments from an "equal weight" rating to an "underweight" rating and lowered their price target for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Finally, Mizuho decreased their target price on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating on the stock in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $209.20.

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.