GSA Capital Partners LLP Takes $872,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

GSA Capital Partners LLP purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,222 shares of the semiconductor company's stock, valued at approximately $872,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Tsfg LLC boosted its position in shares of Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 82 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Texas Instruments in the third quarter valued at approximately $39,000. McClarren Financial Advisors Inc. acquired a new position in shares of Texas Instruments in the 3rd quarter valued at approximately $43,000. Friedenthal Financial acquired a new stake in Texas Instruments during the second quarter valued at approximately $50,000. Finally, Beacon Capital Management LLC lifted its stake in Texas Instruments by 42.1% during the first quarter. Beacon Capital Management LLC now owns 331 shares of the semiconductor company's stock worth $58,000 after purchasing an additional 98 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Jefferies Financial Group increased their price target on Texas Instruments from $175.00 to $185.00 and gave the company a "hold" rating in a research report on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Texas Instruments from $160.00 to $185.00 and gave the stock a "hold" rating in a report on Wednesday, July 24th. Morgan Stanley raised their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the company an "underweight" rating in a report on Wednesday, October 23rd. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, Texas Instruments currently has a consensus rating of "Hold" and a consensus target price of $206.95.

Insider Buying and Selling at Texas Instruments

In other news, CAO Julie C. Knecht sold 7,764 shares of the firm's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the completion of the transaction, the chief accounting officer now directly owns 11,806 shares in the company, valued at $2,473,238.94. This trade represents a 39.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the company's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. This trade represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,548 shares of company stock valued at $5,341,235. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Down 2.4 %

Texas Instruments stock traded down $4.88 during mid-day trading on Friday, reaching $201.12. The company's stock had a trading volume of 5,970,371 shares, compared to its average volume of 5,990,772. The business's 50 day simple moving average is $204.39 and its 200 day simple moving average is $199.79. Texas Instruments Incorporated has a 12 month low of $150.81 and a 12 month high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The company has a market capitalization of $183.47 billion, a price-to-earnings ratio of 37.38, a price-to-earnings-growth ratio of 4.40 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The firm's revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.80 EPS. As a group, research analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were given a dividend of $1.36 per share. This is a boost from Texas Instruments's previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $5.44 annualized dividend and a yield of 2.70%. Texas Instruments's dividend payout ratio is currently 101.12%.

Texas Instruments 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.