Investors Sell Shares of Texas Instruments (TXN) on Strength (TXN)

Investors sold shares of Texas Instruments Incorporated (NASDAQ:TXN) on strength during trading hours on Monday. $118.91 million flowed into the stock on the tick-up and $236.54 million flowed out of the stock on the tick-down, for a money net flow of $117.63 million out of the stock. Of all equities tracked, Texas Instruments had the 0th highest net out-flow for the day. Texas Instruments traded up $1.45 for the day and closed at $101.94

A number of analysts recently commented on the company. Credit Suisse Group raised Texas Instruments to a “buy” rating and set a $125.00 price target for the company in a research note on Wednesday, February 7th. Argus raised their price target on Texas Instruments to $122.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Nomura raised their price target on Texas Instruments from $90.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 24th. JPMorgan Chase & Co. raised their price target on Texas Instruments from $110.00 to $122.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Finally, Robert W. Baird increased their price objective on Texas Instruments from $100.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, January 24th. Fifteen research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. Texas Instruments has an average rating of “Buy” and an average target price of $109.65.

The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.00 and a current ratio of 3.87. The stock has a market cap of $99,520.00, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share for the quarter, meeting the consensus estimate of $1.09. Texas Instruments had a return on equity of 40.83% and a net margin of 24.61%. The firm had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.74 billion. During the same period last year, the company earned $0.91 earnings per share. The company’s revenue was up 9.8% on a year-over-year basis. equities research analysts predict that Texas Instruments Incorporated will post 4.97 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, February 12th. Stockholders of record on Wednesday, January 31st were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $2.48 annualized dividend and a dividend yield of 2.46%. Texas Instruments’s payout ratio is presently 68.89%.

In related news, VP Haviv Ilan sold 23,831 shares of the stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the sale, the vice president now directly owns 131,153 shares of the company’s stock, valued at $14,474,045.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Cynthia Hoff Trochu sold 3,574 shares of the stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $110.65, for a total value of $395,463.10. Following the sale, the senior vice president now directly owns 68,918 shares in the company, valued at $7,625,776.70. The disclosure for this sale can be found here. Insiders have sold 707,677 shares of company stock valued at $78,161,034 over the last 90 days. Corporate insiders own 0.96% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Texas Instruments by 2.1% in the second quarter. Vanguard Group Inc. now owns 81,330,150 shares of the semiconductor company’s stock worth $6,256,728,000 after purchasing an additional 1,683,613 shares during the last quarter. BlackRock Inc. boosted its position in Texas Instruments by 2.5% in the fourth quarter. BlackRock Inc. now owns 68,815,117 shares of the semiconductor company’s stock worth $7,187,053,000 after purchasing an additional 1,682,070 shares during the last quarter. Capital International Investors boosted its position in Texas Instruments by 3.0% in the third quarter. Capital International Investors now owns 14,794,402 shares of the semiconductor company’s stock worth $1,326,170,000 after purchasing an additional 435,938 shares during the last quarter. Janus Henderson Group PLC boosted its position in Texas Instruments by 16.5% in the third quarter. Janus Henderson Group PLC now owns 14,482,401 shares of the semiconductor company’s stock worth $1,298,212,000 after purchasing an additional 2,055,040 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Texas Instruments by 0.4% in the second quarter. Northern Trust Corp now owns 13,556,007 shares of the semiconductor company’s stock worth $1,042,864,000 after purchasing an additional 53,846 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors.

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About Texas Instruments

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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