Caprock Group LLC Sells 353 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Caprock Group LLC decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,176 shares of the semiconductor company’s stock after selling 353 shares during the period. Caprock Group LLC’s holdings in Texas Instruments were worth $4,721,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Retirement Wealth Solutions LLC bought a new stake in shares of Texas Instruments during the 4th quarter valued at $27,000. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments during the third quarter valued at about $28,000. Tsfg LLC lifted its position in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of Texas Instruments in the third quarter worth about $39,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of Texas Instruments during the third quarter worth about $41,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.4 %

TXN stock opened at $184.61 on Friday. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The stock has a market capitalization of $168.40 billion, a price-to-earnings ratio of 35.57, a price-to-earnings-growth ratio of 2.87 and a beta of 0.98. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The firm’s fifty day simple moving average is $191.95 and its two-hundred day simple moving average is $198.96.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the prior year, the business posted $1.49 EPS. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Robert W. Baird lowered their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Wells Fargo & Company cut their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Barclays cut their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Finally, Morgan Stanley boosted their target price on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $209.20.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.68% of the stock is owned by company insiders.

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.