Consolidated Planning Corp purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,142 shares of the semiconductor company’s stock, valued at approximately $215,000.
A number of other large investors have also recently bought and sold shares of the stock. Delta Asset Management LLC TN boosted its holdings in Texas Instruments by 198.2% during the fourth quarter. Delta Asset Management LLC TN now owns 170 shares of the semiconductor company’s stock worth $28,000 after buying an additional 113 shares in the last quarter. Atlas Private Wealth Advisors lifted its holdings in Texas Instruments by 512.5% during the first quarter. Atlas Private Wealth Advisors now owns 147 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 123 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Texas Instruments during the fourth quarter valued at $30,000. TRU Independence Asset Management 2 LLC purchased a new position in Texas Instruments during the fourth quarter valued at $30,000. Finally, Curi Capital purchased a new position in Texas Instruments during the fourth quarter valued at $30,000. 83.12% of the stock is owned by institutional investors.
Shares of Texas Instruments stock opened at $182.00 on Monday. The firm’s fifty day simple moving average is $187.87 and its 200-day simple moving average is $171.57. The stock has a market capitalization of $168.08 billion, a price-to-earnings ratio of 34.64, a PEG ratio of 3.10 and a beta of 1.06. Texas Instruments Incorporated has a 12 month low of $110.26 and a 12 month high of $197.58. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.24 and a quick ratio of 3.29.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 17th. Shareholders of record on Monday, May 3rd will be paid a $1.02 dividend. The ex-dividend date is Friday, April 30th. This represents a $4.08 annualized dividend and a yield of 2.24%. Texas Instruments’s dividend payout ratio is currently 77.86%.
Several research firms have recently weighed in on TXN. Citigroup raised their price target on shares of Texas Instruments from $201.00 to $215.00 in a research note on Wednesday, April 28th. JPMorgan Chase & Co. restated a “buy” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, February 5th. Jefferies Financial Group raised their price objective on shares of Texas Instruments from $206.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday, May 4th. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, January 27th. Finally, Stifel Nicolaus raised their price objective on shares of Texas Instruments from $170.00 to $190.00 and gave the stock a “hold” rating in a research report on Thursday, April 15th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the stock. Texas Instruments has an average rating of “Hold” and an average target price of $189.23.
About Texas Instruments
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.
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