Optimum Investment Advisors Sells 250 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Optimum Investment Advisors lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN – Get Rating) by 43.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 326 shares of the semiconductor company’s stock after selling 250 shares during the quarter. Optimum Investment Advisors’ holdings in Texas Instruments were worth $54,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its stake in Texas Instruments by 43.1% in the second quarter. Price T Rowe Associates Inc. MD now owns 21,113,372 shares of the semiconductor company’s stock valued at $3,244,069,000 after acquiring an additional 6,363,962 shares during the period. Franklin Resources Inc. grew its stake in Texas Instruments by 18.0% in the second quarter. Franklin Resources Inc. now owns 13,183,584 shares of the semiconductor company’s stock valued at $2,025,659,000 after acquiring an additional 2,014,373 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Texas Instruments by 13.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after acquiring an additional 1,779,273 shares during the period. Barclays PLC grew its stake in Texas Instruments by 125.9% in the third quarter. Barclays PLC now owns 3,093,266 shares of the semiconductor company’s stock valued at $478,775,000 after acquiring an additional 1,723,725 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Texas Instruments by 182.1% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 1,628,890 shares of the semiconductor company’s stock worth $252,120,000 after buying an additional 1,051,548 shares during the period. Institutional investors own 83.12% of the company’s stock.

Insider Buying and Selling

In other news, VP Ahmad Bahai sold 1,200 shares of Texas Instruments stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $176.67, for a total value of $212,004.00. Following the completion of the transaction, the vice president now directly owns 30,357 shares of the company’s stock, valued at approximately $5,363,171.19. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, VP Ahmad Bahai sold 1,200 shares of Texas Instruments stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $176.67, for a total value of $212,004.00. Following the completion of the transaction, the vice president now directly owns 30,357 shares of the company’s stock, valued at approximately $5,363,171.19. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 3,068 shares of Texas Instruments stock in a transaction dated Friday, February 3rd. The stock was sold at an average price of $181.69, for a total value of $557,424.92. Following the completion of the transaction, the director now directly owns 11,773 shares of the company’s stock, valued at $2,139,036.37. The disclosure for this sale can be found here. 0.54% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TXN shares. BMO Capital Markets upped their price objective on Texas Instruments from $195.00 to $215.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 25th. Benchmark increased their price target on Texas Instruments from $189.00 to $203.00 and gave the company a “buy” rating in a research report on Wednesday, January 25th. UBS Group increased their price target on Texas Instruments from $165.00 to $190.00 and gave the company a “neutral” rating in a research report on Wednesday, January 25th. Deutsche Bank Aktiengesellschaft increased their price target on Texas Instruments from $155.00 to $158.00 in a research report on Wednesday, December 14th. Finally, Cowen raised their target price on Texas Instruments from $160.00 to $175.00 and gave the company a “market perform” rating in a report on Wednesday, January 25th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $179.70.

Texas Instruments Stock Down 0.8 %

Shares of NASDAQ:TXN opened at $175.71 on Friday. The firm has a market cap of $159.23 billion, a P/E ratio of 18.69, a P/E/G ratio of 2.50 and a beta of 1.04. The company has a quick ratio of 3.77, a current ratio of 4.70 and a debt-to-equity ratio of 0.56. Texas Instruments Incorporated has a 12-month low of $144.46 and a 12-month high of $191.34. The business has a fifty day simple moving average of $175.62 and a 200 day simple moving average of $169.48.

Texas Instruments (NASDAQ:TXN – Get Rating) last announced its earnings results on Tuesday, January 24th. The semiconductor company reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.17. The business had revenue of $4.67 billion during the quarter, compared to analyst estimates of $4.64 billion. Texas Instruments had a return on equity of 61.06% and a net margin of 43.68%. Texas Instruments’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period last year, the company earned $2.27 EPS. Analysts predict that Texas Instruments Incorporated will post 7.53 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 14th. Investors of record on Tuesday, January 31st were given a dividend of $1.24 per share. This represents a $4.96 annualized dividend and a yield of 2.82%. The ex-dividend date was Monday, January 30th. Texas Instruments’s dividend payout ratio is currently 52.77%.

Texas Instruments Company Profile

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Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through Analog and Embedded Processing segments. The Analog segment includes semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors.