Ameritas Investment Partners Inc. Has $7.11 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Ameritas Investment Partners Inc. lessened its position in Texas Instruments Incorporated (NASDAQ:TXN) by 0.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,547 shares of the semiconductor company’s stock after selling 151 shares during the period. Ameritas Investment Partners Inc.’s holdings in Texas Instruments were worth $7,110,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Van ECK Associates Corp raised its position in shares of Texas Instruments by 54.3% in the first quarter. Van ECK Associates Corp now owns 5,606,825 shares of the semiconductor company’s stock valued at $976,765,000 after purchasing an additional 1,972,304 shares during the period. Capital Research Global Investors boosted its stake in Texas Instruments by 4.7% in the 1st quarter. Capital Research Global Investors now owns 28,715,467 shares of the semiconductor company’s stock valued at $5,002,522,000 after purchasing an additional 1,279,828 shares during the period. Baillie Gifford & Co. grew its holdings in Texas Instruments by 65.8% in the 1st quarter. Baillie Gifford & Co. now owns 2,977,032 shares of the semiconductor company’s stock valued at $518,629,000 after buying an additional 1,181,841 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Texas Instruments by 35.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 3,083,589 shares of the semiconductor company’s stock worth $525,643,000 after buying an additional 809,805 shares during the period. Finally, Capital International Investors lifted its holdings in shares of Texas Instruments by 23.7% during the fourth quarter. Capital International Investors now owns 3,697,517 shares of the semiconductor company’s stock worth $630,335,000 after buying an additional 709,115 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Mohammad Yunus sold 3,778 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the transaction, the vice president now owns 28,894 shares of the company’s stock, valued at approximately $6,035,956.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, VP Mohammad Yunus sold 3,778 shares of Texas Instruments stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the completion of the transaction, the vice president now directly owns 28,894 shares in the company, valued at $6,035,956.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shanon J. Leonard sold 2,816 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the transaction, the vice president now directly owns 24,112 shares in the company, valued at approximately $5,037,237.92. The disclosure for this sale can be found here. Insiders have sold a total of 15,558 shares of company stock valued at $3,255,323 over the last ninety days. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Price Performance

Texas Instruments stock opened at $203.30 on Friday. The firm has a market cap of $185.62 billion, a P/E ratio of 31.72, a P/E/G ratio of 4.31 and a beta of 0.99. The stock’s 50 day moving average is $200.78 and its 200 day moving average is $189.84. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62 and a quick ratio of 3.49. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $214.66.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. Texas Instruments’s revenue for the quarter was down 15.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.87 earnings per share. As a group, research analysts expect that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Wednesday, July 31st were paid a $1.30 dividend. The ex-dividend date was Wednesday, July 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.56%. Texas Instruments’s dividend payout ratio is currently 81.12%.

Analyst Ratings Changes

Several research firms recently commented on TXN. Benchmark restated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research note on Wednesday, July 24th. Cantor Fitzgerald reissued a “neutral” rating and set a $210.00 target price on shares of Texas Instruments in a report on Wednesday, August 21st. Citigroup raised Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price target for the company from $200.00 to $235.00 in a research note on Wednesday, August 21st. Rosenblatt Securities increased their price objective on shares of Texas Instruments from $210.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Finally, Stifel Nicolaus boosted their target price on shares of Texas Instruments from $172.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, July 18th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $204.67.

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.