Core Alternative Capital Buys 383 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Core Alternative Capital lifted its stake in Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 2.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 19,204 shares of the semiconductor company’s stock after purchasing an additional 383 shares during the quarter. Core Alternative Capital’s holdings in Texas Instruments were worth $3,619,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. CarsonAllaria Wealth Management Ltd. bought a new stake in Texas Instruments during the 4th quarter valued at approximately $26,000. Stuart Chaussee & Associates Inc. raised its stake in Texas Instruments by 81.7% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 149 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 67 shares during the period. Widmann Financial Services Inc. purchased a new position in Texas Instruments during the 4th quarter valued at approximately $30,000. Horan Securities Inc. purchased a new position in Texas Instruments during the 4th quarter valued at approximately $32,000. Finally, Ten Capital Wealth Advisors LLC grew its holdings in Texas Instruments by 542.9% during the 3rd quarter. Ten Capital Wealth Advisors LLC now owns 180 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 152 shares in the last quarter. 83.96% of the stock is currently owned by institutional investors.

Shares of TXN stock traded up $5.07 on Tuesday, reaching $173.57. 166,841 shares of the company’s stock were exchanged, compared to its average volume of 6,845,083. Texas Instruments Incorporated has a 52 week low of $160.50 and a 52 week high of $202.26. The company has a current ratio of 5.54, a quick ratio of 4.73 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $160.05 billion, a PE ratio of 19.28, a P/E/G ratio of 2.07 and a beta of 0.95. The company’s fifty day simple moving average is $175.45 and its 200 day simple moving average is $180.32.

Texas Instruments (NASDAQ:TXNGet Rating) last issued its earnings results on Tuesday, April 26th. The semiconductor company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.18 by $0.17. The business had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.73 billion. Texas Instruments had a return on equity of 64.89% and a net margin of 43.34%. Texas Instruments’s revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.87 EPS. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 8.77 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 17th. Shareholders of record on Monday, May 9th will be given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend is Friday, May 6th. Texas Instruments’s dividend payout ratio (DPR) is presently 52.63%.

Several equities analysts have weighed in on the company. StockNews.com upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Monday. Evercore ISI cut their price target on Texas Instruments from $210.00 to $190.00 and set an “in-line” rating for the company in a report on Wednesday, January 26th. UBS Group cut their price target on Texas Instruments from $180.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, April 27th. Edward Jones cut Texas Instruments from a “buy” rating to a “hold” rating in a report on Friday, February 11th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Texas Instruments from $170.00 to $180.00 in a report on Wednesday, January 26th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $193.53.

Texas Instruments Company Profile (Get Rating)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

Recommended Stories

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXNGet Rating).

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

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.