Vontobel Holding Ltd. Cuts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Vontobel Holding Ltd. lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 44.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 57,032 shares of the semiconductor company’s stock after selling 45,601 shares during the quarter. Vontobel Holding Ltd.’s holdings in Texas Instruments were worth $10,694,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MidAtlantic Capital Management Inc. acquired a new stake in Texas Instruments during the 3rd quarter worth $28,000. Financial Life Planners acquired a new stake in Texas Instruments during the 4th quarter worth $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments during the 4th quarter worth $27,000. Capital Performance Advisors LLP acquired a new stake in Texas Instruments during the 3rd quarter worth $39,000. Finally, FSA Wealth Management LLC acquired a new stake in Texas Instruments during the 3rd quarter worth $41,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Up 1.2 %

NASDAQ TXN opened at $183.03 on Friday. The firm’s 50-day moving average is $188.38 and its two-hundred day moving average is $197.51. Texas Instruments Incorporated has a 12 month low of $158.90 and a 12 month high of $220.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The stock has a market capitalization of $166.96 billion, a P/E ratio of 35.27, a PEG ratio of 2.95 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter last year, the firm earned $1.49 EPS. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.38 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.97%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Insiders Place Their Bets

In related news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now owns 11,717 shares in the company, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TXN shares. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Bank of America lowered their target price on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Robert W. Baird lowered their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Morgan Stanley boosted their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Barclays lowered their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.