Mn Services Vermogensbeheer B.V. Sells 12,800 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Mn Services Vermogensbeheer B.V. decreased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,984 shares of the semiconductor company's stock after selling 12,800 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Texas Instruments were worth $73,125,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Simplicity Wealth LLC bought a new position in Texas Instruments during the fourth quarter valued at about $599,000. Outlook Wealth Advisors LLC grew its position in Texas Instruments by 42.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 2,016 shares of the semiconductor company's stock valued at $344,000 after buying an additional 602 shares during the period. Louisiana State Employees Retirement System bought a new position in Texas Instruments during the fourth quarter valued at about $21,665,000. WCM Investment Management LLC bought a new position in Texas Instruments during the fourth quarter valued at about $239,000. Finally, Crestwood Advisors Group LLC grew its position in Texas Instruments by 0.5% during the fourth quarter. Crestwood Advisors Group LLC now owns 37,113 shares of the semiconductor company's stock valued at $6,326,000 after buying an additional 172 shares during the period. Institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

TXN traded down $4.87 on Friday, reaching $166.33. The company had a trading volume of 5,473,566 shares, compared to its average volume of 5,009,015. The business has a 50 day simple moving average of $167.61 and a 200 day simple moving average of $161.54. The company has a market cap of $151.37 billion, a price-to-earnings ratio of 23.56, a P/E/G ratio of 3.68 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $188.12.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.46 by $0.03. The business had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. Texas Instruments's quarterly revenue was down 12.7% on a year-over-year basis. During the same period last year, the firm posted $2.13 earnings per share. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend was Tuesday, January 30th. Texas Instruments's payout ratio is currently 73.65%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now directly owns 11,693 shares in the company, valued at $1,869,126.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.68% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. UBS Group raised shares of Texas Instruments from a "neutral" rating to a "buy" rating and upped their price objective for the company from $170.00 to $195.00 in a report on Friday, January 19th. TD Cowen upped their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the company a "market perform" rating in a report on Wednesday, January 24th. Morgan Stanley upped their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the company an "underweight" rating in a report on Wednesday, January 24th. KeyCorp upped their price objective on shares of Texas Instruments from $180.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, January 24th. Finally, Barclays dropped their price objective on shares of Texas Instruments from $160.00 to $150.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $174.42.

Texas Instruments Company 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.