BRYN MAWR TRUST Co Reduces Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

BRYN MAWR TRUST Co cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 2.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,755 shares of the semiconductor company’s stock after selling 575 shares during the quarter. BRYN MAWR TRUST Co’s holdings in Texas Instruments were worth $4,854,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of TXN. OLD Mission Capital LLC acquired a new position in shares of Texas Instruments in the 3rd quarter worth approximately $207,000. Moors & Cabot Inc. grew its position in shares of Texas Instruments by 262.9% in the 3rd quarter. Moors & Cabot Inc. now owns 25,000 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 18,111 shares in the last quarter. EagleClaw Capital Managment LLC grew its position in shares of Texas Instruments by 3.5% in the 3rd quarter. EagleClaw Capital Managment LLC now owns 13,145 shares of the semiconductor company’s stock worth $2,523,000 after acquiring an additional 450 shares in the last quarter. Jupiter Asset Management Ltd. grew its position in shares of Texas Instruments by 63.3% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 65,702 shares of the semiconductor company’s stock worth $12,624,000 after acquiring an additional 25,469 shares in the last quarter. Finally, Banque Pictet & Cie SA grew its position in shares of Texas Instruments by 2.3% in the 3rd quarter. Banque Pictet & Cie SA now owns 779,806 shares of the semiconductor company’s stock worth $149,887,000 after acquiring an additional 17,514 shares in the last quarter. Institutional investors own 83.96% of the company’s stock.

Several research analysts have recently commented on the company. UBS Group decreased their target price on Texas Instruments from $180.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, April 27th. Credit Suisse Group reduced their price objective on Texas Instruments from $200.00 to $195.00 in a research report on Wednesday, April 27th. Deutsche Bank Aktiengesellschaft boosted their price objective on Texas Instruments from $170.00 to $180.00 in a research report on Wednesday, January 26th. Citigroup reduced their price objective on Texas Instruments from $187.00 to $160.00 in a research report on Wednesday, April 27th. Finally, JPMorgan Chase & Co. boosted their price objective on Texas Instruments from $220.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, January 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $193.53.

Shares of Texas Instruments stock traded up $3.84 during trading on Friday, hitting $169.74. The stock had a trading volume of 5,329,649 shares, compared to its average volume of 6,510,703. The company has a debt-to-equity ratio of 0.52, a current ratio of 5.54 and a quick ratio of 4.73. The firm has a market cap of $156.52 billion, a P/E ratio of 19.42, a PEG ratio of 2.01 and a beta of 0.95. The business has a fifty day moving average of $175.43 and a two-hundred day moving average of $180.55. Texas Instruments Incorporated has a fifty-two week low of $160.50 and a fifty-two week high of $202.26.

Texas Instruments (NASDAQ:TXNGet Rating) last announced its quarterly earnings data on Tuesday, April 26th. The semiconductor company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.17. Texas Instruments had a return on equity of 64.89% and a net margin of 43.34%. The business had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter in the prior year, the firm posted $1.87 earnings per share. The company’s revenue was up 14.4% on a year-over-year basis. As a group, research analysts forecast that Texas Instruments Incorporated will post 8.77 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 17th. Stockholders of record on Monday, May 9th will be issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, May 6th. Texas Instruments’s dividend payout ratio is 52.63%.

Texas Instruments Company Profile (Get Rating)

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, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

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

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