Sii Investments Inc. WI cut its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 4,651 shares of the semiconductor company’s stock after selling 157 shares during the period. Sii Investments Inc. WI’s holdings in Texas Instruments were worth $374,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Koshinski Asset Management Inc. bought a new position in Texas Instruments during the first quarter worth approximately $256,000. Pennsylvania Trust Co boosted its position in shares of Texas Instruments by 1,441.9% in the first quarter. Pennsylvania Trust Co now owns 90,601 shares of the semiconductor company’s stock valued at $7,299,000 after buying an additional 84,725 shares during the last quarter. Legacy Private Trust Co. boosted its position in shares of Texas Instruments by 21.7% in the first quarter. Legacy Private Trust Co. now owns 73,098 shares of the semiconductor company’s stock valued at $5,889,000 after buying an additional 13,027 shares during the last quarter. TNB Financial acquired a new position in shares of Texas Instruments during the first quarter valued at about $231,000. Finally, Honkamp Krueger Financial Services Inc. boosted its position in shares of Texas Instruments by 241.8% in the first quarter. Honkamp Krueger Financial Services Inc. now owns 10,069 shares of the semiconductor company’s stock valued at $811,000 after buying an additional 7,123 shares during the last quarter. Hedge funds and other institutional investors own 84.64% of the company’s stock.

Texas Instruments Incorporated (NASDAQ TXN) traded down 0.79% during trading on Thursday, reaching $81.63. 612,319 shares of the company’s stock were exchanged. The stock has a market capitalization of $80.82 billion, a PE ratio of 20.42 and a beta of 1.21. Texas Instruments Incorporated has a 52 week low of $66.30 and a 52 week high of $84.65. The stock has a 50-day moving average of $80.17 and a 200-day moving average of $79.62.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.07. Texas Instruments had a return on equity of 36.52% and a net margin of 28.68%. The business had revenue of $3.69 billion during the quarter, compared to analysts’ expectations of $3.57 billion. During the same quarter in the prior year, the business earned $0.76 earnings per share. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. On average, equities research analysts anticipate that Texas Instruments Incorporated will post $4.13 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 14th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Thursday, July 27th. Texas Instruments’s dividend payout ratio (DPR) is presently 50.51%.

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Several research analysts have issued reports on the stock. Drexel Hamilton reiterated a “buy” rating and set a $93.00 target price on shares of Texas Instruments in a report on Wednesday, April 26th. Royal Bank Of Canada increased their target price on shares of Texas Instruments from $95.00 to $96.00 and gave the stock an “outperform” rating in a report on Wednesday, July 26th. Instinet reiterated a “neutral” rating and set a $75.00 target price (up from $70.00) on shares of Texas Instruments in a report on Saturday, April 29th. UBS AG reiterated a “buy” rating and set a $93.00 target price (up from $91.00) on shares of Texas Instruments in a report on Wednesday, July 26th. Finally, Loop Capital reiterated a “hold” rating and set a $84.00 target price (up from $79.00) on shares of Texas Instruments in a report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $85.96.

In other Texas Instruments news, Director Robert E. Sanchez sold 26,905 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $81.48, for a total value of $2,192,219.40. Following the completion of the transaction, the director now owns 27,565 shares in the company, valued at $2,245,996.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Niels Anderskouv sold 32,420 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of $80.61, for a total value of $2,613,376.20. Following the completion of the transaction, the insider now owns 102,028 shares of the company’s stock, valued at approximately $8,224,477.08. The disclosure for this sale can be found here. Insiders have sold 123,325 shares of company stock valued at $10,011,596 in the last 90 days. Company insiders own 0.96% of the company’s stock.

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

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