We Are One Seven LLC Has $393,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

We Are One Seven LLC increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,042 shares of the semiconductor company’s stock after acquiring an additional 97 shares during the period. We Are One Seven LLC’s holdings in Texas Instruments were worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mitchell Mcleod Pugh & Williams Inc. raised its stake in shares of Texas Instruments by 1.5% during the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 5,536 shares of the semiconductor company’s stock valued at $715,000 after acquiring an additional 81 shares during the last quarter. Atria Investments LLC raised its stake in Texas Instruments by 0.4% during the second quarter. Atria Investments LLC now owns 22,632 shares of the semiconductor company’s stock worth $2,758,000 after buying an additional 85 shares during the last quarter. Meridian Wealth Management LLC raised its stake in Texas Instruments by 5.3% during the second quarter. Meridian Wealth Management LLC now owns 1,708 shares of the semiconductor company’s stock worth $196,000 after buying an additional 86 shares during the last quarter. Fiduciary Group LLC raised its stake in Texas Instruments by 1.7% during the second quarter. Fiduciary Group LLC now owns 5,338 shares of the semiconductor company’s stock worth $613,000 after buying an additional 89 shares during the last quarter. Finally, Coastline Trust Co raised its stake in Texas Instruments by 1.1% during the second quarter. Coastline Trust Co now owns 8,505 shares of the semiconductor company’s stock worth $976,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 85.37% of the company’s stock.

A number of equities analysts recently weighed in on the stock. BMO Capital Markets lifted their target price on shares of Texas Instruments from $130.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 24th. Loop Capital lifted their target price on shares of Texas Instruments to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 24th. Morgan Stanley lifted their target price on shares of Texas Instruments from $106.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 24th. Deutsche Bank reissued a “neutral” rating and set a $120.00 target price on shares of Texas Instruments in a research note on Wednesday, July 24th. Finally, Bank of America raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $145.00 to $150.00 in a research note on Friday, September 27th. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $119.74.

In other news, CFO Rafael R. Lizardi sold 76,523 shares of Texas Instruments stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $128.02, for a total transaction of $9,796,474.46. Following the completion of the transaction, the chief financial officer now directly owns 94,648 shares in the company, valued at $12,116,836.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider R Gregory Delagi sold 450,000 shares of Texas Instruments stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $128.31, for a total transaction of $57,739,500.00. Following the transaction, the insider now owns 243,755 shares of the company’s stock, valued at $31,276,204.05. The disclosure for this sale can be found here. Insiders have sold 1,251,117 shares of company stock valued at $159,473,823 over the last quarter. Corporate insiders own 0.89% of the company’s stock.

NASDAQ:TXN opened at $130.09 on Friday. The company has a current ratio of 3.01, a quick ratio of 2.22 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $118.98 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 2.40 and a beta of 1.26. The firm has a fifty day simple moving average of $126.57 and a two-hundred day simple moving average of $117.63. Texas Instruments Incorporated has a 12 month low of $87.70 and a 12 month high of $131.80.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.08. The business had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.60 billion. Texas Instruments had a net margin of 34.98% and a return on equity of 57.25%. The business’s quarterly revenue was down 8.7% on a year-over-year basis. During the same period last year, the company posted $1.37 earnings per share. Equities analysts predict that Texas Instruments Incorporated will post 5.24 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.90 per share. This is a boost from Texas Instruments’s previous quarterly dividend of $0.77. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date is Wednesday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is currently 56.83%.

About Texas Instruments

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.

Further Reading: How does equity income fit into an investing strategy?

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN).

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

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.