San Francisco Sentry Investment Group CA Sells 540 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

San Francisco Sentry Investment Group CA lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 9.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,147 shares of the semiconductor company’s stock after selling 540 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Texas Instruments were worth $665,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dowling & Yahnke LLC boosted its position in shares of Texas Instruments by 0.7% during the 2nd quarter. Dowling & Yahnke LLC now owns 62,176 shares of the semiconductor company’s stock valued at $7,135,000 after purchasing an additional 422 shares in the last quarter. ARP Americas LP boosted its position in shares of Texas Instruments by 233.4% during the 2nd quarter. ARP Americas LP now owns 21,998 shares of the semiconductor company’s stock valued at $2,524,000 after purchasing an additional 15,400 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Texas Instruments by 16.5% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,216 shares of the semiconductor company’s stock valued at $373,000 after purchasing an additional 456 shares in the last quarter. Alberta Investment Management Corp boosted its position in shares of Texas Instruments by 17.8% during the 2nd quarter. Alberta Investment Management Corp now owns 66,200 shares of the semiconductor company’s stock valued at $7,597,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Berman Capital Advisors LLC boosted its position in shares of Texas Instruments by 23.2% during the 2nd quarter. Berman Capital Advisors LLC now owns 680 shares of the semiconductor company’s stock valued at $78,000 after purchasing an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 85.49% of the company’s stock.

A number of analysts have commented on the stock. ValuEngine lowered shares of Texas Instruments from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Charter Equity lowered shares of Texas Instruments from a “buy” rating to a “market perform” rating in a research note on Wednesday, October 23rd. Goldman Sachs Group reaffirmed a “neutral” rating and set a $111.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Deutsche Bank reduced their price objective on shares of Texas Instruments from $120.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, October 23rd. Finally, Credit Suisse Group increased their price target on shares of Texas Instruments from $130.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 24th. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $120.97.

Shares of NASDAQ TXN traded up $0.19 during midday trading on Friday, reaching $120.11. 3,804,800 shares of the company traded hands, compared to its average volume of 5,050,332. The firm has a market cap of $112.04 billion, a PE ratio of 22.16, a PEG ratio of 2.40 and a beta of 1.23. Texas Instruments Incorporated has a 12 month low of $87.70 and a 12 month high of $132.20. The stock’s 50-day simple moving average is $125.47 and its 200-day simple moving average is $119.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.32 and a current ratio of 4.34.

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

The company also recently announced 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. The ex-dividend date is Wednesday, October 30th. This represents a $3.60 annualized dividend and a yield of 3.00%. Texas Instruments’s payout ratio is presently 66.42%.

Texas Instruments Company 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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