MFA Wealth Services Acquires New Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

MFA Wealth Services bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the 4th quarter, HoldingsChannel reports. The fund bought 1,516 shares of the semiconductor company’s stock, valued at approximately $284,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. MidAtlantic Capital Management Inc. purchased a new stake in shares of Texas Instruments during the third quarter valued at $28,000. Retirement Wealth Solutions LLC purchased a new stake in Texas Instruments during the 4th quarter valued at about $27,000. Tsfg LLC raised its stake in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Texas Instruments during the third quarter worth about $39,000. Finally, FSA Wealth Management LLC purchased a new stake in Texas Instruments in the third quarter valued at approximately $41,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 1.8 %

TXN stock opened at $200.61 on Friday. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The company has a market cap of $183.00 billion, a price-to-earnings ratio of 37.29, a PEG ratio of 3.84 and a beta of 0.98. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average of $193.80 and a two-hundred day moving average of $199.56.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period in the prior year, the firm posted $1.49 earnings per share. As a group, analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.71%. Texas Instruments’s payout ratio is 101.12%.

Analysts Set New Price Targets

TXN has been the subject of several recent research reports. Mizuho set a $200.00 target price on shares of Texas Instruments in a report on Friday, October 18th. Benchmark reissued a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Friday. Barclays dropped their target price on Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 23rd. Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Finally, Susquehanna cut their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $210.45.

Insiders Place Their Bets

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.68% of the stock is owned by insiders.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.