Alpha Omega Wealth Management LLC Has $538,000 Holdings in Texas Instruments Incorporated (TXN)

Alpha Omega Wealth Management LLC lessened its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,153 shares of the semiconductor company’s stock after selling 525 shares during the quarter. Alpha Omega Wealth Management LLC’s holdings in Texas Instruments were worth $538,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Janus Henderson Group PLC lifted its stake in shares of Texas Instruments by 729.1% during the 2nd quarter. Janus Henderson Group PLC now owns 12,427,361 shares of the semiconductor company’s stock worth $955,996,000 after purchasing an additional 10,928,410 shares during the period. Alyeska Investment Group L.P. lifted its stake in shares of Texas Instruments by 864.6% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,378,461 shares of the semiconductor company’s stock worth $213,205,000 after purchasing an additional 2,131,883 shares during the period. Jennison Associates LLC lifted its stake in shares of Texas Instruments by 31.0% during the 4th quarter. Jennison Associates LLC now owns 8,708,463 shares of the semiconductor company’s stock worth $909,512,000 after purchasing an additional 2,061,255 shares during the period. Vanguard Group Inc. lifted its stake in shares of Texas Instruments by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 81,330,150 shares of the semiconductor company’s stock worth $6,256,728,000 after purchasing an additional 1,683,613 shares during the period. Finally, Koch Industries Inc. lifted its stake in shares of Texas Instruments by 36,796.2% during the 2nd quarter. Koch Industries Inc. now owns 1,359,255 shares of the semiconductor company’s stock worth $1,342,000 after purchasing an additional 1,355,571 shares during the period. Hedge funds and other institutional investors own 84.30% of the company’s stock.

Texas Instruments Incorporated (NASDAQ TXN) opened at $100.49 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.87 and a quick ratio of 3.00. Texas Instruments Incorporated has a 52-week low of $74.52 and a 52-week high of $120.75. The company has a market capitalization of $101,910.00, a PE ratio of 27.91, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, January 23rd. The semiconductor company reported $1.09 EPS for the quarter, meeting the consensus estimate of $1.09. Texas Instruments had a return on equity of 40.83% and a net margin of 24.61%. The company had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.74 billion. During the same period last year, the company posted $0.91 earnings per share. The firm’s revenue was up 9.8% compared to the same quarter last year. equities research analysts anticipate that Texas Instruments Incorporated will post 4.97 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 12th. Shareholders of record on Wednesday, January 31st will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend is Tuesday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 68.89%.

A number of research analysts have weighed in on the company. Bank of America increased their price target on Texas Instruments from $100.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. B. Riley reissued a “neutral” rating and set a $110.00 price target (up previously from $97.00) on shares of Texas Instruments in a research note on Wednesday, January 24th. Oppenheimer reissued a “buy” rating and set a $110.00 price target (up previously from $92.00) on shares of Texas Instruments in a research note on Wednesday, October 25th. Mizuho reissued a “buy” rating and set a $107.00 price target (up previously from $96.00) on shares of Texas Instruments in a research note on Tuesday, January 23rd. Finally, Zacks Investment Research lowered Texas Instruments from a “buy” rating to a “hold” rating in a research note on Monday, January 15th. Fifteen analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $109.65.

In other news, VP Haviv Ilan sold 23,831 shares of the firm’s stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the completion of the sale, the vice president now directly owns 131,153 shares in the company, valued at $14,474,045.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Haren Julie Van sold 19,125 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $105.48, for a total value of $2,017,305.00. Following the sale, the insider now owns 29,578 shares of the company’s stock, valued at $3,119,887.44. The disclosure for this sale can be found here. Insiders sold 707,677 shares of company stock worth $78,161,034 over the last three months. 0.96% of the stock is currently owned by corporate insiders.

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Texas Instruments 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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