Nicholas Hoffman & Company LLC. Has $718,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Nicholas Hoffman & Company LLC. lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,121 shares of the semiconductor company’s stock after selling 492 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Texas Instruments were worth $718,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TXN. Tennessee Valley Asset Management Partners bought a new stake in shares of Texas Instruments during the fourth quarter valued at approximately $25,000. Life Planning Partners Inc acquired a new stake in Texas Instruments during the fourth quarter worth $26,000. Richardson Financial Services Inc. bought a new stake in Texas Instruments in the 4th quarter valued at $26,000. Scarborough Advisors LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $26,000. Finally, Annapolis Financial Services LLC lifted its holdings in shares of Texas Instruments by 333.3% during the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 120 shares during the period. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Benchmark reissued a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a research report on Wednesday, April 24th. Evercore ISI increased their target price on Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a report on Wednesday, April 24th. Stifel Nicolaus raised their target price on Texas Instruments from $160.00 to $172.00 and gave the stock a “hold” rating in a research report on Wednesday, April 24th. KeyCorp upped their price target on Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Finally, Robert W. Baird boosted their target price on shares of Texas Instruments from $125.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $180.74.

Texas Instruments Trading Down 1.6 %

Shares of TXN traded down $2.87 during trading hours on Tuesday, hitting $176.42. 6,443,366 shares of the stock traded hands, compared to its average volume of 5,698,071. The business has a fifty day moving average of $169.94 and a 200-day moving average of $162.63. The firm has a market capitalization of $160.63 billion, a PE ratio of 27.52, a price-to-earnings-growth ratio of 3.78 and a beta of 1.04. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same period in the prior year, the company posted $1.85 EPS. The company’s revenue was down 16.4% compared to the same quarter last year. Analysts expect that Texas Instruments Incorporated will post 5.21 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be paid a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 dividend on an annualized basis and a yield of 2.95%. Texas Instruments’s payout ratio is presently 81.12%.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the transaction, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.68% of the company’s stock.

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.