Rothschild Investment LLC Reduces Position in Texas Instruments Incorporated (NASDAQ:TXN)

Rothschild Investment LLC cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,098 shares of the semiconductor company’s stock after selling 72 shares during the quarter. Rothschild Investment LLC’s holdings in Texas Instruments were worth $206,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TXN. Howard Capital Management Group LLC purchased a new stake in Texas Instruments during the third quarter valued at about $202,000. Salomon & Ludwin LLC increased its position in shares of Texas Instruments by 16.2% during the third quarter. Salomon & Ludwin LLC now owns 459 shares of the semiconductor company’s stock valued at $95,000 after buying an additional 64 shares during the period. Patriot Financial Group Insurance Agency LLC increased its position in shares of Texas Instruments by 4.0% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,848 shares of the semiconductor company’s stock valued at $795,000 after buying an additional 148 shares during the period. Autumn Glory Partners LLC increased its position in shares of Texas Instruments by 41.5% during the third quarter. Autumn Glory Partners LLC now owns 7,286 shares of the semiconductor company’s stock valued at $1,508,000 after buying an additional 2,136 shares during the period. Finally, Strategic Wealth Investment Group LLC increased its position in shares of Texas Instruments by 4.0% during the third quarter. Strategic Wealth Investment Group LLC now owns 34,676 shares of the semiconductor company’s stock valued at $6,991,000 after buying an additional 1,332 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Down 0.4 %

Shares of NASDAQ TXN opened at $199.98 on Wednesday. The firm’s 50 day simple moving average is $188.91 and its two-hundred day simple moving average is $197.69. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38. The stock has a market capitalization of $182.05 billion, a P/E ratio of 38.53, a PEG ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the business earned $1.49 earnings per share. As a group, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TXN shares. Wells Fargo & Company decreased their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Mizuho decreased their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Finally, Benchmark restated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and a consensus price target of $209.20.

Insider Buying and Selling

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now 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 Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. This trade represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 200,655 shares of company stock valued at $40,665,374 over the last quarter. 0.68% of the stock is owned by company insiders.

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.