JGP Wealth Management LLC Has $256,000 Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

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JGP Wealth Management LLC raised its position in Texas Instruments Incorporated (NASDAQ:TXN) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,018 shares of the semiconductor company’s stock after buying an additional 107 shares during the period. JGP Wealth Management LLC’s holdings in Texas Instruments were worth $256,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Mitchell Sinkler & Starr PA boosted its position in Texas Instruments by 46.2% in the fourth quarter. Mitchell Sinkler & Starr PA now owns 4,175 shares of the semiconductor company’s stock valued at $536,000 after buying an additional 1,320 shares in the last quarter. Pennsylvania Trust Co boosted its position in Texas Instruments by 1.9% in the fourth quarter. Pennsylvania Trust Co now owns 55,975 shares of the semiconductor company’s stock valued at $7,181,000 after buying an additional 1,037 shares in the last quarter. Apexium Financial LP acquired a new position in Texas Instruments in the fourth quarter valued at about $305,000. Rockland Trust Co. boosted its position in Texas Instruments by 4.7% in the fourth quarter. Rockland Trust Co. now owns 5,939 shares of the semiconductor company’s stock valued at $762,000 after buying an additional 269 shares in the last quarter. Finally, Metropolis Capital Ltd boosted its position in Texas Instruments by 101.7% in the fourth quarter. Metropolis Capital Ltd now owns 297,420 shares of the semiconductor company’s stock valued at $38,156,000 after buying an additional 149,969 shares in the last quarter. Hedge funds and other institutional investors own 85.03% of the company’s stock.

In related news, VP Ahmad Bahai sold 1,550 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $117.99, for a total value of $182,884.50. Following the transaction, the vice president now directly owns 25,354 shares in the company, valued at $2,991,518.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Hagop H. Kozanian sold 5,383 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $119.51, for a total transaction of $643,322.33. Following the completion of the transaction, the vice president now owns 41,839 shares in the company, valued at $5,000,178.89. The disclosure for this sale can be found here. Corporate insiders own 0.89% of the company’s stock.

A number of equities analysts have commented on TXN shares. Oppenheimer reduced their price target on shares of Texas Instruments from $140.00 to $120.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Royal Bank of Canada reduced their price target on shares of Texas Instruments to $124.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 23rd. They noted that the move was a valuation call. UBS Group boosted their price target on shares of Texas Instruments from $100.00 to $110.00 and gave the company a “sell” rating in a research report on Wednesday, October 23rd. SunTrust Banks reduced their price target on shares of Texas Instruments from $133.00 to $122.00 and set a “hold” rating on the stock in a research report on Wednesday, October 23rd. Finally, Goldman Sachs Group reiterated a “neutral” rating and set a $111.00 target price on shares of Texas Instruments in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $121.38.

Shares of TXN stock traded up $1.58 during trading hours on Thursday, reaching $131.34. 237,658 shares of the company were exchanged, compared to its average volume of 3,706,928. The stock’s fifty day moving average is $124.45 and its two-hundred day moving average is $123.06. Texas Instruments Incorporated has a fifty-two week low of $94.72 and a fifty-two week high of $132.20. The company has a market cap of $120.97 billion, a price-to-earnings ratio of 24.23, a P/E/G ratio of 2.57 and a beta of 1.21. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.34 and a quick ratio of 3.32.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.07. Texas Instruments had a net margin of 35.10% and a return on equity of 58.00%. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same period in the prior year, the business posted $1.56 earnings per share. Texas Instruments’s revenue was down 11.5% compared to the same quarter last year. On average, research analysts anticipate that Texas Instruments Incorporated will post 4.94 earnings per share for the current year.

Texas Instruments Profile

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, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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