Money Concepts Capital Corp Has $946,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

Money Concepts Capital Corp boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,048 shares of the semiconductor company’s stock after buying an additional 125 shares during the quarter. Money Concepts Capital Corp’s holdings in Texas Instruments were worth $946,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Czech National Bank grew its position in Texas Instruments by 7.2% in the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock valued at $38,421,000 after purchasing an additional 12,496 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in shares of Texas Instruments by 14.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 3,648 shares of the semiconductor company’s stock worth $754,000 after buying an additional 470 shares during the last quarter. Trust Co of Kansas acquired a new stake in shares of Texas Instruments in the third quarter valued at about $208,000. Brookstone Capital Management raised its holdings in Texas Instruments by 0.4% during the third quarter. Brookstone Capital Management now owns 17,569 shares of the semiconductor company’s stock worth $3,629,000 after acquiring an additional 67 shares in the last quarter. Finally, Howard Financial Services LTD. raised its holdings in Texas Instruments by 6.5% during the third quarter. Howard Financial Services LTD. now owns 2,365 shares of the semiconductor company’s stock worth $488,000 after acquiring an additional 144 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TXN. Barclays lowered their price target on 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. Morgan Stanley upped their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Finally, Susquehanna reduced their price target on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $181.59 on Thursday. 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 Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38. The company’s 50 day moving average price is $190.84 and its two-hundred day moving average price is $198.44. The firm has a market cap of $165.65 billion, a PE ratio of 34.99, a PEG ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the company earned $1.49 EPS. Equities research analysts predict that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.00%. Texas Instruments’s dividend payout ratio is 104.82%.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the firm’s 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 sale, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

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.