Baader Bank Aktiengesellschaft Sells 223 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Baader Bank Aktiengesellschaft lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.3% during the fourth quarter, Holdings Channel reports. The fund owned 4,928 shares of the semiconductor company’s stock after selling 223 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Texas Instruments were worth $924,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments during the 3rd quarter worth about $28,000. Retirement Wealth Solutions LLC acquired a new position in Texas Instruments during the 4th quarter valued at about $27,000. Tsfg LLC lifted its position in Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 82 shares during the period. Capital Performance Advisors LLP acquired a new position in Texas Instruments during the 3rd quarter valued at about $39,000. Finally, FSA Wealth Management LLC acquired a new position in Texas Instruments during the 3rd quarter valued at about $41,000. Institutional investors own 84.99% of the company’s stock.

Insider Activity at Texas Instruments

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

Texas Instruments Trading Down 0.2 %

Shares of Texas Instruments stock opened at $180.27 on Thursday. The business has a fifty day simple moving average of $192.56 and a two-hundred day simple moving average of $199.19. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The company has a market capitalization of $164.45 billion, a price-to-earnings ratio of 33.51, a P/E/G ratio of 3.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same quarter in the prior year, the company earned $1.49 earnings per share. Research analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Dividend Announcement

The business 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 $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

Analyst Upgrades and Downgrades

TXN has been the topic of a number of research reports. Bank of America cut their target price on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Robert W. Baird cut their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Morgan Stanley increased their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Evercore ISI increased their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $209.20.

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.