Citizens Financial Group Inc. RI Sells 208 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Citizens Financial Group Inc. RI lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,814 shares of the semiconductor company’s stock after selling 208 shares during the period. Citizens Financial Group Inc. RI’s holdings in Texas Instruments were worth $4,912,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Golden State Equity Partners raised its stake in Texas Instruments by 35.0% in the 4th quarter. Golden State Equity Partners now owns 6,663 shares of the semiconductor company’s stock valued at $1,136,000 after acquiring an additional 1,728 shares during the period. Spinnaker Trust increased its position in Texas Instruments by 3.8% during the 4th quarter. Spinnaker Trust now owns 50,496 shares of the semiconductor company’s stock worth $8,608,000 after buying an additional 1,857 shares during the period. VCI Wealth Management LLC bought a new position in Texas Instruments during the 4th quarter worth $1,101,000. Syon Capital LLC increased its position in Texas Instruments by 22.8% during the 4th quarter. Syon Capital LLC now owns 6,122 shares of the semiconductor company’s stock worth $1,044,000 after buying an additional 1,135 shares during the period. Finally, Lyell Wealth Management LP increased its position in Texas Instruments by 62.0% during the 4th quarter. Lyell Wealth Management LP now owns 2,875 shares of the semiconductor company’s stock worth $490,000 after buying an additional 1,100 shares during the period. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Stifel Nicolaus increased their price objective on Texas Instruments from $160.00 to $172.00 and gave the stock a “hold” rating in a research report on Wednesday. KeyCorp increased their price objective on Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. The Goldman Sachs Group raised their price target on Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a research report on Wednesday. Barclays decreased their price target on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 24th. Finally, UBS Group upgraded Texas Instruments from a “neutral” rating to a “buy” rating and raised their price target for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $180.74.

Texas Instruments Trading Up 1.3 %

Shares of Texas Instruments stock traded up $2.23 during midday trading on Friday, reaching $177.48. The company had a trading volume of 5,401,860 shares, compared to its average volume of 5,477,503. The stock has a fifty day moving average price of $169.29 and a 200 day moving average price of $162.22. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.35. The firm has a market cap of $161.59 billion, a PE ratio of 27.69, a P/E/G ratio of 3.75 and a beta of 1.04. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. The company had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The firm’s quarterly revenue was down 16.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.85 earnings per share. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.2 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Tuesday, May 7th. Texas Instruments’s dividend payout ratio is currently 81.12%.

Insider Buying and Selling

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares in the company, valued at $1,869,126.05. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.68% of the stock is owned by insiders.

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.