Claraphi Advisory Network LLC purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,868 shares of the semiconductor company’s stock, valued at approximately $300,000.

Several other large investors have also bought and sold shares of TXN. Janus Henderson Group PLC grew its stake in shares of Texas Instruments by 729.1% during the second quarter. Janus Henderson Group PLC now owns 12,427,361 shares of the semiconductor company’s stock worth $955,996,000 after purchasing an additional 10,928,410 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in shares of Texas Instruments by 864.6% during the third quarter. Alyeska Investment Group L.P. now owns 2,378,461 shares of the semiconductor company’s stock worth $213,205,000 after purchasing an additional 2,131,883 shares in the last quarter. Jennison Associates LLC grew its stake in shares of Texas Instruments by 31.0% during the fourth quarter. Jennison Associates LLC now owns 8,708,463 shares of the semiconductor company’s stock worth $909,512,000 after purchasing an additional 2,061,255 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Texas Instruments by 2.1% during 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 in the last quarter. Finally, Koch Industries Inc. grew its stake in shares of Texas Instruments by 36,796.2% during the second quarter. Koch Industries Inc. now owns 1,359,255 shares of the semiconductor company’s stock worth $1,342,000 after purchasing an additional 1,355,571 shares in the last quarter. Institutional investors and hedge funds own 84.30% of the company’s stock.

A number of brokerages recently commented on TXN. Drexel Hamilton reiterated a “buy” rating and set a $130.00 target price (up previously from $110.00) on shares of Texas Instruments in a research note on Tuesday, January 23rd. Mizuho restated a “buy” rating and issued a $107.00 price objective (up previously from $96.00) on shares of Texas Instruments in a research note on Tuesday, January 23rd. Citigroup restated a “buy” rating and issued a $135.00 price objective (up previously from $110.00) on shares of Texas Instruments in a research note on Wednesday, January 24th. B. Riley restated a “neutral” rating and issued a $110.00 price objective (up previously from $97.00) on shares of Texas Instruments in a research note on Wednesday, January 24th. Finally, Wells Fargo & Co restated a “market perform” rating and issued a $110.00 price objective (up previously from $90.00) on shares of Texas Instruments in a research note on Wednesday, January 24th. They noted that the move was a valuation call. Sixteen analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Texas Instruments has a consensus rating of “Buy” and an average target price of $109.65.

In other news, Director Ralph W. Babb, Jr. sold 27,048 shares of the stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $110.13, for a total value of $2,978,796.24. Following the sale, the director now directly owns 34,952 shares in the company, valued at $3,849,263.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bing Xie sold 15,877 shares of the stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $109.21, for a total transaction of $1,733,927.17. Following the completion of the sale, the insider now owns 63,048 shares in the company, valued at $6,885,472.08. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 688,552 shares of company stock valued at $76,143,729. 0.96% of the stock is currently owned by corporate insiders.

Texas Instruments Incorporated (NASDAQ TXN) opened at $105.87 on Wednesday. Texas Instruments Incorporated has a 1-year low of $74.52 and a 1-year high of $120.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.87 and a quick ratio of 3.00. The stock has a market cap of $104,340.00, a PE ratio of 29.41, a price-to-earnings-growth ratio of 2.26 and a beta of 1.24.

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

The business also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Shareholders of record on Wednesday, January 31st will be issued a $0.62 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $2.48 dividend on an annualized basis and a yield of 2.34%. Texas Instruments’s dividend payout ratio (DPR) is presently 68.89%.

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Texas Instruments Profile

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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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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