Townsquare Capital LLC Has $18.67 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Townsquare Capital LLC boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.3% during the 4th quarter, HoldingsChannel reports. The firm owned 99,545 shares of the semiconductor company’s stock after buying an additional 5,856 shares during the quarter. Townsquare Capital LLC’s holdings in Texas Instruments were worth $18,666,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Promus Capital LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth approximately $25,000. Financial Life Planners purchased a new stake in Texas Instruments in the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC purchased a new stake in Texas Instruments in the 4th quarter worth approximately $27,000. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments during the 4th quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Texas Instruments during the 4th quarter valued at $28,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on TXN shares. Baird R W upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, April 7th. Barclays cut their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Wells Fargo & Company lowered their price target on 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. Benchmark reaffirmed a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $207.95.

Texas Instruments Price Performance

NASDAQ:TXN opened at $147.60 on Friday. 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 Incorporated has a one year low of $139.95 and a one year high of $220.39. The company has a fifty day moving average price of $180.26 and a 200 day moving average price of $191.36. The stock has a market cap of $134.30 billion, a P/E ratio of 28.44, a PEG ratio of 3.30 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating analysts’ consensus estimates 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 last year, the company earned $1.49 earnings per share. Analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.69%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is presently 104.82%.

Insider Activity

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now owns 409,089 shares in the company, valued at $82,930,522.08. This represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 297,655 shares of company stock worth $59,841,304. Company insiders own 0.57% of the company’s stock.

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.