Nicholas Hoffman & Company LLC. Has $961,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Nicholas Hoffman & Company LLC. boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 17.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,125 shares of the semiconductor company’s stock after acquiring an additional 778 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in Texas Instruments were worth $961,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Americana Partners LLC raised its position in shares of Texas Instruments by 11.4% in the 4th quarter. Americana Partners LLC now owns 18,013 shares of the semiconductor company’s stock valued at $3,378,000 after buying an additional 1,849 shares in the last quarter. Sierra Ocean LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at approximately $83,000. Valmark Advisers Inc. raised its position in shares of Texas Instruments by 5.5% in the 4th quarter. Valmark Advisers Inc. now owns 2,360 shares of the semiconductor company’s stock valued at $443,000 after buying an additional 122 shares in the last quarter. L.M. Kohn & Company raised its position in shares of Texas Instruments by 4.2% in the 4th quarter. L.M. Kohn & Company now owns 1,601 shares of the semiconductor company’s stock valued at $300,000 after buying an additional 64 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at approximately $23,569,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Up 1.2 %

Shares of NASDAQ TXN opened at $183.03 on Monday. The company has a market capitalization of $166.96 billion, a P/E ratio of 35.27, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 52-week low of $158.90 and a 52-week high of $220.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The company’s 50 day moving average price is $188.18 and its 200-day moving average price is $197.36.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the firm posted $1.49 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.97%. Texas Instruments’s payout ratio is presently 104.82%.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Morgan Stanley lifted their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Monday, October 21st. Robert W. Baird decreased their price target on shares of 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 decreased their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target 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.