Valley National Advisers Inc. Purchases 137 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Valley National Advisers Inc. grew its position in Texas Instruments Incorporated (NASDAQ:TXN) by 27.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 644 shares of the semiconductor company’s stock after acquiring an additional 137 shares during the period. Valley National Advisers Inc.’s holdings in Texas Instruments were worth $120,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Retirement Wealth Solutions LLC bought a new stake in Texas Instruments during the fourth quarter valued at about $27,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of Texas Instruments during the third quarter worth about $28,000. Tsfg LLC raised its stake in Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Texas Instruments in the third quarter worth $39,000. Finally, FSA Wealth Management LLC bought a new position in shares of Texas Instruments during the third quarter worth $41,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $184.61 on Monday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The stock’s fifty day moving average is $191.69 and its two-hundred day moving average is $198.78. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. The company has a market capitalization of $168.40 billion, a PE ratio of 35.57, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last posted its quarterly 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 prior year, the firm posted $1.49 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.95%. Texas Instruments’s payout ratio is 104.82%.

Insider Buying and Selling

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.68% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of research reports. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Evercore ISI boosted their target price on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Wells Fargo & Company cut their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Robert W. Baird decreased their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Finally, Barclays cut their target price 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. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus 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.