Tiedemann Advisors LLC Sells 564 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Tiedemann Advisors LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 24.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,772 shares of the semiconductor company’s stock after selling 564 shares during the quarter. Tiedemann Advisors LLC’s holdings in Texas Instruments were worth $229,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TXN. Rational Advisors LLC grew its holdings in shares of Texas Instruments by 1,839.0% during the third quarter. Rational Advisors LLC now owns 3,335 shares of the semiconductor company’s stock valued at $431,000 after buying an additional 3,163 shares during the last quarter. Shoker Investment Counsel Inc. raised its position in shares of Texas Instruments by 1.1% during the 3rd quarter. Shoker Investment Counsel Inc. now owns 16,425 shares of the semiconductor company’s stock valued at $2,122,000 after purchasing an additional 183 shares during the period. Bogart Wealth LLC raised its position in shares of Texas Instruments by 2.9% during the 3rd quarter. Bogart Wealth LLC now owns 6,062 shares of the semiconductor company’s stock valued at $783,000 after purchasing an additional 168 shares during the period. Banco Santander S.A. bought a new stake in shares of Texas Instruments during the 3rd quarter valued at $726,000. Finally, Vaughan Nelson Investment Management L.P. raised its position in shares of Texas Instruments by 1.2% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 667,693 shares of the semiconductor company’s stock valued at $86,292,000 after purchasing an additional 7,750 shares during the period. 85.72% of the stock is owned by hedge funds and other institutional investors.

In other Texas Instruments news, VP Hagop H. Kozanian sold 5,383 shares of Texas Instruments stock in a transaction on Friday, November 8th. The shares were sold at an average price of $119.51, for a total value of $643,322.33. Following the completion of the transaction, the vice president now directly owns 41,839 shares of the company’s stock, valued at approximately $5,000,178.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.89% of the company’s stock.

Several analysts have recently commented on TXN shares. UBS Group raised their price objective on shares of Texas Instruments from $100.00 to $110.00 and gave the company a “sell” rating in a research report on Wednesday, October 23rd. Morgan Stanley decreased their price objective on shares of Texas Instruments from $110.00 to $109.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 23rd. BMO Capital Markets raised their price objective on shares of Texas Instruments from $130.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. Mizuho decreased their price objective on shares of Texas Instruments from $116.00 to $113.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Finally, Zacks Investment Research downgraded shares of Texas Instruments from a “buy” rating to a “hold” rating and set a $126.00 price objective on the stock. in a research report on Monday, August 26th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $120.97.

TXN traded up $0.64 during trading on Friday, hitting $118.21. 190,840 shares of the company traded hands, compared to its average volume of 5,373,485. The company has a market cap of $111.26 billion, a PE ratio of 21.81, a P/E/G ratio of 2.38 and a beta of 1.23. The stock’s 50-day simple moving average is $124.69 and its two-hundred day simple moving average is $119.26. Texas Instruments Incorporated has a 1 year low of $87.70 and a 1 year high of $132.20. The company has a current ratio of 4.34, a quick ratio of 3.32 and a debt-to-equity ratio of 0.59.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.07. The company had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Texas Instruments had a net margin of 35.10% and a return on equity of 58.00%. Texas Instruments’s quarterly revenue was down 11.5% on a year-over-year basis. During the same period last year, the company posted $1.56 earnings per share. Equities analysts expect that Texas Instruments Incorporated will post 4.94 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Shareholders of record on Thursday, October 31st will be paid a $0.90 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $0.77. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Wednesday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 66.42%.

Texas Instruments Profile

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, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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