Texas Instruments Incorporated (TXN) Shares Bought by Stephens Inc. AR

Stephens Inc. AR grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 6.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,213 shares of the semiconductor company’s stock after purchasing an additional 1,386 shares during the period. Stephens Inc. AR’s holdings in Texas Instruments were worth $1,863,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Beacon Advisors Inc. bought a new position in shares of Texas Instruments during the 1st quarter worth about $101,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Texas Instruments by 18.4% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,287 shares of the semiconductor company’s stock worth $101,000 after acquiring an additional 200 shares during the period. MV Capital Management Inc. lifted its holdings in shares of Texas Instruments by 7.6% during the 2nd quarter. MV Capital Management Inc. now owns 1,324 shares of the semiconductor company’s stock worth $102,000 after acquiring an additional 93 shares during the period. ClariVest Asset Management LLC lifted its holdings in shares of Texas Instruments by 8.4% during the 1st quarter. ClariVest Asset Management LLC now owns 1,296 shares of the semiconductor company’s stock worth $104,000 after acquiring an additional 100 shares during the period. Finally, Balentine LLC lifted its holdings in shares of Texas Instruments by 6.5% during the 1st quarter. Balentine LLC now owns 1,320 shares of the semiconductor company’s stock worth $106,000 after acquiring an additional 80 shares during the period. Institutional investors own 83.68% of the company’s stock.

Texas Instruments Incorporated (NASDAQ:TXN) opened at 91.58 on Tuesday. Texas Instruments Incorporated has a 52 week low of $66.80 and a 52 week high of $91.86. The company has a market capitalization of $90.67 billion, a P/E ratio of 22.91 and a beta of 1.24. The firm has a 50 day moving average of $85.06 and a 200-day moving average of $81.59.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.07. The firm had revenue of $3.69 billion during the quarter, compared to analysts’ expectations of $3.57 billion. Texas Instruments had a net margin of 28.68% and a return on equity of 36.52%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 earnings per share. On average, analysts forecast that Texas Instruments Incorporated will post $4.13 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Tuesday, October 31st will be issued a $0.62 dividend. The ex-dividend date of this dividend is Monday, October 30th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.71%. This is a boost from Texas Instruments’s previous quarterly dividend of $0.50. Texas Instruments’s dividend payout ratio is 50.51%.

Texas Instruments declared that its Board of Directors has initiated a share repurchase plan on Thursday, September 21st that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 74% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

TRADEMARK VIOLATION WARNING: “Texas Instruments Incorporated (TXN) Shares Bought by Stephens Inc. AR” was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/texas-instruments-incorporated-txn-shares-bought-by-stephens-inc-ar.html.

TXN has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Texas Instruments in a report on Tuesday, September 12th. BidaskClub raised shares of Texas Instruments from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 2nd. Jefferies Group LLC reaffirmed a “buy” rating on shares of Texas Instruments in a report on Monday, July 10th. Barclays PLC reduced their price objective on shares of Texas Instruments from $78.00 to $83.00 in a report on Wednesday, July 26th. Finally, Citigroup Inc. raised their price objective on shares of Texas Instruments from $87.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $86.51.

In other news, insider Ellen Barker sold 15,000 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $81.87, for a total value of $1,228,050.00. Following the completion of the transaction, the insider now owns 45,697 shares of the company’s stock, valued at $3,741,213.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carrie Smith Cox sold 14,000 shares of the stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $82.25, for a total transact

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Beacon Advisors Inc. bought a new position in shares of Texas Instruments during the 1st quarter worth about $101,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Texas Instruments by 18.4% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,287 shares of the semiconductor company’s stock worth $101,000 after acquiring an additional 200 shares during the period. MV Capital Management Inc. lifted its holdings in shares of Texas Instruments by 7.6% during the 2nd quarter. MV Capital Management Inc. now owns 1,324 shares of the semiconductor company’s stock worth $102,000 after acquiring an additional 93 shares during the period. ClariVest Asset Management LLC lifted its holdings in shares of Texas Instruments by 8.4% during the 1st quarter. ClariVest Asset Management LLC now owns 1,296 shares of the semiconductor company’s stock worth $104,000 after acquiring an additional 100 shares during the period. Finally, Balentine LLC lifted its holdings in shares of Texas Instruments by 6.5% during the 1st quarter. Balentine LLC now owns 1,320 shares of the semiconductor company’s stock worth $106,000 after acquiring an additional 80 shares during the period. Institutional investors own 83.68% of the company’s stock.

Texas Instruments Incorporated (NASDAQ:TXN) opened at 91.58 on Tuesday. Texas Instruments Incorporated has a 52 week low of $66.80 and a 52 week high of $91.86. The company has a market capitalization of $90.67 billion, a P/E ratio of 22.91 and a beta of 1.24. The firm has a 50 day moving average of $85.06 and a 200-day moving average of $81.59.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.07. The firm had revenue of $3.69 billion during the quarter, compared to analysts’ expectations of $3.57 billion. Texas Instruments had a net margin of 28.68% and a return on equity of 36.52%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 earnings per share. On average, analysts forecast that Texas Instruments Incorporated will post $4.13 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Tuesday, October 31st will be issued a $0.62 dividend. The ex-dividend date of this dividend is Monday, October 30th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.71%. This is a boost from Texas Instruments’s previous quarterly dividend of $0.50. Texas Instruments’s dividend payout ratio is 50.51%.

Texas Instruments declared that its Board of Directors has initiated a share repurchase plan on Thursday, September 21st that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 74% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

TRADEMARK VIOLATION WARNING: “Texas Instruments Incorporated (TXN) Shares Bought by Stephens Inc. AR” was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/texas-instruments-incorporated-txn-shares-bought-by-stephens-inc-ar.html.

TXN has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Texas Instruments in a report on Tuesday, September 12th. BidaskClub raised shares of Texas Instruments from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 2nd. Jefferies Group LLC reaffirmed a “buy” rating on shares of Texas Instruments in a report on Monday, July 10th. Barclays PLC reduced their price objective on shares of Texas Instruments from $78.00 to $83.00 in a report on Wednesday, July 26th. Finally, Citigroup Inc. raised their price objective on shares of Texas Instruments from $87.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $86.51.

In other news, insider Ellen Barker sold 15,000 shares of the stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $81.87, for a total value of $1,228,050.00. Following the completion of the transaction, the insider now owns 45,697 shares of the company’s stock, valued at $3,741,213.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carrie Smith Cox sold 14,000 shares of the stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $82.25, for a total transaction of $1,151,500.00. Following the completion of the transaction, the director now directly owns 38,435 shares of the company’s stock, valued at approximately $3,161,278.75. The disclosure for this sale can be found here. Insiders sold 211,301 shares of company stock valued at $17,259,256 in the last three months. Company insiders own 0.96% of the company’s stock.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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