Life Planning Partners Inc Acquires New Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Life Planning Partners Inc acquired a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 28,127 shares of the semiconductor company's stock, valued at approximately $5,274,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Promus Capital LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth approximately $25,000. Financial Life Planners bought a new stake in shares of Texas Instruments in the 4th quarter worth about $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments in the 4th quarter valued at about $27,000. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments in the 4th quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Texas Instruments during the fourth quarter worth about $28,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Trading Down 1.0 %

Shares of Texas Instruments stock traded down $1.71 on Tuesday, reaching $177.99. 5,962,793 shares of the company were exchanged, compared to its average volume of 5,723,211. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.39. The firm has a market capitalization of $161.96 billion, a price-to-earnings ratio of 34.29, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. The stock has a fifty day moving average price of $186.20 and a 200-day moving average price of $194.51.

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Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate 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 period in the previous year, the business earned $1.49 earnings per share. On average, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued 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 3.06%. Texas Instruments's payout ratio is currently 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the sale, the director now owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction 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 completion of the transaction, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. 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 quarter. Company insiders own 0.57% of the company's stock.

Analysts Set New Price Targets

Several brokerages have issued reports on TXN. Mizuho cut their price objective on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. Rosenblatt Securities restated a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Benchmark reiterated a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Barclays decreased their price target on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a report on Friday, January 24th. Finally, Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $209.20.

About Texas Instruments

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.