Mindset Wealth Management LLC Buys 108 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Mindset Wealth Management LLC lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,938 shares of the semiconductor company’s stock after acquiring an additional 108 shares during the period. Mindset Wealth Management LLC’s holdings in Texas Instruments were worth $551,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TXN. Howard Capital Management Group LLC purchased a new position in Texas Instruments in the 3rd quarter worth $202,000. Thrivent Financial for Lutherans increased its position in shares of Texas Instruments by 1.5% in the third quarter. Thrivent Financial for Lutherans now owns 74,305 shares of the semiconductor company’s stock valued at $15,349,000 after acquiring an additional 1,095 shares during the period. Quest Partners LLC purchased a new position in shares of Texas Instruments in the third quarter valued at about $226,000. Prospera Financial Services Inc increased its position in shares of Texas Instruments by 16.8% in the third quarter. Prospera Financial Services Inc now owns 18,002 shares of the semiconductor company’s stock valued at $3,721,000 after acquiring an additional 2,593 shares during the period. Finally, Prospera Private Wealth LLC purchased a new position in shares of Texas Instruments in the third quarter valued at about $46,000. 84.99% of the stock is owned by institutional investors.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares in the company, valued at $82,930,522.08. This trade represents a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock valued at $59,841,304 over the last three months. Corporate insiders own 0.57% of the company’s stock.

Texas Instruments Stock Down 0.6 %

Shares of Texas Instruments stock opened at $180.68 on Friday. The company has a market cap of $164.40 billion, a price-to-earnings ratio of 34.81, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company’s 50 day moving average is $187.69 and its 200 day moving average is $195.62. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating 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 in the previous year, the company earned $1.49 earnings per share. Research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.01%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Benchmark reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Barclays reduced 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. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average 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.