Macquarie Group Ltd. Has $28.81 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Macquarie Group Ltd. reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 304,905 shares of the semiconductor company’s stock after selling 1,830 shares during the period. Macquarie Group Ltd.’s holdings in Texas Instruments were worth $28,813,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in TXN. Vanguard Group Inc. lifted its holdings in Texas Instruments by 1.0% in the third quarter. Vanguard Group Inc. now owns 85,524,906 shares of the semiconductor company’s stock valued at $9,175,968,000 after acquiring an additional 807,808 shares during the period. Vanguard Group Inc increased its position in shares of Texas Instruments by 1.0% in the third quarter. Vanguard Group Inc now owns 85,524,906 shares of the semiconductor company’s stock valued at $9,175,968,000 after buying an additional 807,808 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Texas Instruments by 6,709.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 24,191,906 shares of the semiconductor company’s stock valued at $256,000 after buying an additional 23,836,621 shares in the last quarter. Capital International Investors increased its position in shares of Texas Instruments by 46.4% in the third quarter. Capital International Investors now owns 16,525,393 shares of the semiconductor company’s stock valued at $1,773,009,000 after buying an additional 5,240,065 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Texas Instruments by 2.5% in the third quarter. Bank of New York Mellon Corp now owns 13,837,835 shares of the semiconductor company’s stock valued at $1,484,661,000 after buying an additional 337,435 shares in the last quarter. Institutional investors own 86.64% of the company’s stock.

Shares of NASDAQ TXN traded down $0.09 during midday trading on Friday, hitting $115.51. The stock had a trading volume of 4,195,777 shares, compared to its average volume of 4,667,009. The firm has a market capitalization of $108.42 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.20 and a beta of 1.17. Texas Instruments Incorporated has a 1-year low of $87.70 and a 1-year high of $118.48. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.27 and a quick ratio of 2.38.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Wednesday, January 23rd. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.03. The business had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.75 billion. Texas Instruments had a return on equity of 53.05% and a net margin of 35.35%. The company’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.09 EPS. On average, equities research analysts expect that Texas Instruments Incorporated will post 5.19 EPS for the current fiscal year.

In other Texas Instruments news, insider Hagop H. Kozanian sold 7,800 shares of Texas Instruments stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $100.74, for a total transaction of $785,772.00. Following the sale, the insider now directly owns 45,159 shares in the company, valued at approximately $4,549,317.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ahmad Bahai sold 5,165 shares of Texas Instruments stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $107.30, for a total value of $554,204.50. Following the sale, the vice president now owns 41,911 shares in the company, valued at $4,497,050.30. The disclosure for this sale can be found here. Insiders have sold a total of 256,061 shares of company stock worth $26,536,471 over the last three months. 0.89% of the stock is currently owned by corporate insiders.

A number of research analysts have recently weighed in on TXN shares. Sanford C. Bernstein cut Texas Instruments from an “outperform” rating to a “market perform” rating and set a $108.00 price target for the company. in a research report on Monday, March 25th. BidaskClub upgraded Texas Instruments from a “sell” rating to a “hold” rating in a research report on Thursday, December 27th. Bank of America cut Texas Instruments from a “buy” rating to a “neutral” rating and set a $89.50 price objective for the company. in a research report on Friday, January 4th. Zacks Investment Research cut Texas Instruments from a “hold” rating to a “sell” rating in a research report on Monday, January 21st. Finally, ValuEngine cut Texas Instruments from a “buy” rating to a “hold” rating in a research report on Monday, February 25th. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $108.76.

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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.

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

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