Yousif Capital Management LLC Reduces Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Yousif Capital Management LLC reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 121,222 shares of the semiconductor company's stock after selling 2,164 shares during the quarter. Yousif Capital Management LLC's holdings in Texas Instruments were worth $21,784,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC increased its position in Texas Instruments by 33.4% during the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after purchasing an additional 4,218 shares during the period. Union Bancaire Privee UBP SA purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $6,544,000. Golden State Wealth Management LLC purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $139,000. WCM Investment Management LLC grew its holdings in Texas Instruments by 150.5% during the fourth quarter. WCM Investment Management LLC now owns 27,147 shares of the semiconductor company's stock worth $5,103,000 after acquiring an additional 16,311 shares during the period. Finally, Stephens Inc. AR raised its position in Texas Instruments by 12.5% in the fourth quarter. Stephens Inc. AR now owns 30,436 shares of the semiconductor company's stock worth $5,707,000 after acquiring an additional 3,372 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Analysts Set New Price Targets

TXN has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Sanford C. Bernstein raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Thursday, June 5th. TD Securities reiterated a "hold" rating and set a $160.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Finally, UBS Group lowered their price target on Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $189.86.

Texas Instruments Trading Down 2.3%

Shares of Texas Instruments stock traded down $4.66 during trading hours on Friday, reaching $195.00. 5,138,164 shares of the company's stock were exchanged, compared to its average volume of 6,367,122. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39. The company has a fifty day moving average of $171.94 and a 200-day moving average of $182.19. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $177.15 billion, a price-to-earnings ratio of 37.57, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results 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. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 earnings per share. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's payout ratio is currently 103.23%.

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.