Van Lanschot Kempen Investment Management N.V. Sells 103,070 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Van Lanschot Kempen Investment Management N.V. reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 40.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,774 shares of the semiconductor company's stock after selling 103,070 shares during the quarter. Van Lanschot Kempen Investment Management N.V.'s holdings in Texas Instruments were worth $27,897,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

TXN has been the topic of several research reports. Robert W. Baird upgraded shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a research note on Monday, April 7th. UBS Group dropped their price target on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a research report on Thursday. Citigroup reduced their price target on Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Barclays downgraded Texas Instruments from an "equal weight" rating to an "underweight" rating and cut their target price for the company from $180.00 to $125.00 in a research report on Tuesday. Finally, Summit Insights lowered shares of Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $189.41.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares of the company's stock, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction dated 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 sale, the chairman now owns 409,089 shares of the company's stock, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock worth $59,841,304 in the last ninety days. Corporate insiders own 0.57% of the company's stock.

Texas Instruments Trading Up 0.5 %

TXN stock traded up $0.73 during mid-day trading on Friday, reaching $162.86. The company's stock had a trading volume of 8,381,669 shares, compared to its average volume of 6,202,419. The company has a market cap of $148.19 billion, a price-to-earnings ratio of 31.38, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The business's 50 day moving average price is $174.68 and its 200 day moving average price is $188.09.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. On average, equities research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's payout ratio is 104.82%.

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.