Signaturefd LLC Has $733,000 Position in Texas Instruments Incorporated (TXN)
Signaturefd LLC raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,016 shares of the semiconductor company’s stock after purchasing an additional 655 shares during the period. Signaturefd LLC’s holdings in Texas Instruments were worth $733,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the stock. BerganKDV Wealth Management LLC raised its position in shares of Texas Instruments by 53.3% in the 3rd quarter. BerganKDV Wealth Management LLC now owns 12,034 shares of the semiconductor company’s stock worth $1,079,000 after acquiring an additional 4,182 shares in the last quarter. Ingalls & Snyder LLC raised its position in shares of Texas Instruments by 9.6% in the 3rd quarter. Ingalls & Snyder LLC now owns 12,600 shares of the semiconductor company’s stock worth $1,129,000 after acquiring an additional 1,100 shares in the last quarter. PGGM Investments raised its position in shares of Texas Instruments by 102.8% in the 3rd quarter. PGGM Investments now owns 956,619 shares of the semiconductor company’s stock worth $85,751,000 after acquiring an additional 484,906 shares in the last quarter. National Pension Service raised its position in shares of Texas Instruments by 3.1% in the 4th quarter. National Pension Service now owns 848,127 shares of the semiconductor company’s stock worth $88,578,000 after acquiring an additional 25,667 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Texas Instruments by 1.6% in the 3rd quarter. Legal & General Group Plc now owns 5,172,444 shares of the semiconductor company’s stock worth $463,650,000 after acquiring an additional 83,416 shares in the last quarter. 84.26% of the stock is owned by institutional investors and hedge funds.
In other news, insider Kevin J. Ritchie sold 49,955 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $103.00, for a total value of $5,145,365.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Brian T. Crutcher sold 267,201 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $111.08, for a total value of $29,680,687.08. Following the completion of the transaction, the chief operating officer now owns 246,961 shares in the company, valued at approximately $27,432,427.88. The disclosure for this sale can be found here. Insiders sold a total of 757,632 shares of company stock worth $83,306,399 in the last 90 days. Company insiders own 0.96% of the company’s stock.
Texas Instruments Incorporated (TXN) opened at $108.22 on Monday. The stock has a market capitalization of $106,465.49, a PE ratio of 25.34, a price-to-earnings-growth ratio of 2.27 and a beta of 1.22. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.00 and a current ratio of 3.87. Texas Instruments Incorporated has a 12 month low of $75.92 and a 12 month high of $120.75.
Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.09. Texas Instruments had a return on equity of 40.83% and a net margin of 24.61%. The business had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.74 billion. During the same quarter in the previous year, the business earned $0.91 EPS. The company’s quarterly revenue was up 9.8% on a year-over-year basis. equities research analysts expect that Texas Instruments Incorporated will post 4.97 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, February 12th. Stockholders of record on Wednesday, January 31st were paid a $0.62 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.29%. Texas Instruments’s payout ratio 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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