San Francisco Sentry Investment Group CA Buys 600 Shares of Texas Instruments Incorporated (TXN)

San Francisco Sentry Investment Group CA raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,250 shares of the semiconductor company’s stock after buying an additional 600 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in Texas Instruments were worth $560,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TXN. American Beacon Advisors Inc. purchased a new position in shares of Texas Instruments in the first quarter worth $101,000. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Texas Instruments by 18.4% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 1,287 shares of the semiconductor company’s stock worth $101,000 after purchasing an additional 200 shares during the last quarter. MV Capital Management Inc. raised its stake in shares of Texas Instruments by 7.6% in the second quarter. MV Capital Management Inc. now owns 1,324 shares of the semiconductor company’s stock worth $102,000 after purchasing an additional 93 shares during the last quarter. Acrospire Investment Management LLC raised its stake in shares of Texas Instruments by 55.6% in the second quarter. Acrospire Investment Management LLC now owns 1,400 shares of the semiconductor company’s stock worth $108,000 after purchasing an additional 500 shares during the last quarter. Finally, American National Bank raised its stake in shares of Texas Instruments by 2,470.9% in the second quarter. American National Bank now owns 1,414 shares of the semiconductor company’s stock worth $109,000 after purchasing an additional 1,359 shares during the last quarter. Institutional investors and hedge funds own 83.97% of the company’s stock.

Several research analysts have recently weighed in on the company. KeyCorp restated a “hold” rating on shares of Texas Instruments in a research note on Friday, November 24th. Drexel Hamilton restated a “buy” rating and issued a $110.00 price target (up previously from $95.00) on shares of Texas Instruments in a research note on Wednesday, October 25th. Credit Suisse Group restated an “outperform” rating and issued a $110.00 price target (up previously from $95.00) on shares of Texas Instruments in a research note on Wednesday, October 25th. Loop Capital reiterated a “hold” rating and set a $102.00 price objective (up previously from $90.00) on shares of Texas Instruments in a research report on Wednesday, October 25th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $98.00 price objective (up previously from $85.00) on shares of Texas Instruments in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the company. Texas Instruments has an average rating of “Buy” and an average target price of $93.85.

Shares of Texas Instruments Incorporated (NASDAQ TXN) opened at $97.02 on Thursday. Texas Instruments Incorporated has a fifty-two week low of $71.12 and a fifty-two week high of $99.79. The company has a current ratio of 3.89, a quick ratio of 2.96 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $95,620.00, a PE ratio of 23.87, a price-to-earnings-growth ratio of 2.32 and a beta of 1.27.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 24th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.14. Texas Instruments had a return on equity of 38.88% and a net margin of 29.98%. The business had revenue of $4.12 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the company posted $0.94 earnings per share. Texas Instruments’s revenue for the quarter was up 12.0% on a year-over-year basis. equities research analysts expect that Texas Instruments Incorporated will post 4.36 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 13th. Shareholders of record on Tuesday, October 31st were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend was Monday, October 30th. This is a positive change from Texas Instruments’s previous quarterly dividend of $0.50. Texas Instruments’s payout ratio is currently 56.49%.

Texas Instruments declared that its board has authorized a share repurchase program on Thursday, September 21st that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor company to reacquire up to 74% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

In other Texas Instruments news, Director Mark A. Blinn sold 16,990 shares of the business’s stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $96.44, for a total transaction of $1,638,515.60. Following the completion of the sale, the director now owns 18,495 shares of the company’s stock, valued at $1,783,657.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Richard K. Templeton sold 450,000 shares of the business’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $96.51, for a total value of $43,429,500.00. Following the sale, the chairman now directly owns 1,137,056 shares of the company’s stock, valued at approximately $109,737,274.56. The disclosure for this sale can be found here. Insiders have sold 1,362,293 shares of company stock valued at $131,754,396 in the last three months. 0.96% of the stock is currently owned by corporate insiders.

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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.

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

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