November 24, 2016 - By Vivian Park · 0 Comments
Texas Instruments Inc (NASDAQ:TXN) institutional sentiment decreased to 0.94 in Q2 2016. Its down -0.05, from 0.99 in 2016Q1. The ratio has dropped, as 355 funds increased or started new positions, while 359 sold and decreased stakes in Texas Instruments Inc. The funds in our partner’s database now have: 856.58 million shares, down from 862.92 million shares in 2016Q1. Also, the number of funds holding Texas Instruments Inc in their top 10 positions was flat from 23 to 23 for the same number . Sold All: 60 Reduced: 299 Increased: 298 New Position: 57.
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The company has a market cap of $74.75 billion. The Firm operates through two divisions: Analog and Embedded Processing. It has a 23.52 P/E ratio. The Company’s Analog segment’s product line includes High Volume Analog & Logic , Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA).
The stock decreased 0.46% or $0.34 on November 23, hitting $74.06. About 4.00 million shares traded hands. Texas Instruments Incorporated (NASDAQ:TXN) has risen 26.21% since April 22, 2016 and is uptrending. It has outperformed by 20.80% the S&P500.
Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on January, 25. They expect $0.81 EPS, up 14.08% or $0.10 from last year’s $0.71 per share. TXN’s profit will be $817.55M for 22.86 P/E if the $0.81 EPS becomes a reality. After $0.94 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts -13.83% negative EPS growth.
According to Zacks Investment Research, “Texas Instruments, Inc. is a global semiconductor company and one of the world’s leading designers and suppliers of digital signal processors and analog integrated circuits, the engines driving the digitization of electronics. These two types of semiconductor products work together in digital electronic devices such as digital cellular phones. Other semiconductor products include standard logic, application- specific integrated circuits, reduced instruction-set computing microprocessors, microcontrollers and digital imaging devices.”
Northside Capital Management Llc holds 11.79% of its portfolio in Texas Instruments Incorporated for 396,423 shares. University Of Texas Investment Managment Co owns 32,000 shares or 5.82% of their US portfolio. Moreover, Sadoff Investment Management Llc has 3.71% invested in the company for 495,864 shares. The Florida-based Gyroscope Capital Management Group Llc has invested 3.52% in the stock. Primecap Management Co Ca, a California-based fund reported 52.49 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 12 insider sales for $76.01 million net activity.
Ratings analysis reveals 50% of Texas Instruments’s analysts are positive. Out of 22 Wall Street analysts rating Texas Instruments, 11 give it “Buy”, 2 “Sell” rating, while 9 recommend “Hold”. The lowest target is $44 while the high is $80. The stock’s average target of $61.13 is -17.46% below today’s ($74.06) share price. TXN was included in 42 notes of analysts from July 24, 2015. Raymond James downgraded the shares of TXN in a report on Tuesday, April 19 to “Outperform” rating. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Market Perform” rating given on Thursday, October 27 by Cowen & Co. The firm earned “Underperform” rating on Tuesday, May 17 by CLSA. The rating was maintained by RBC Capital Markets on Thursday, October 22 with “Outperform”. As per Friday, July 1, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Monday, August 3. The firm has “Neutral” rating by M Partners given on Thursday, January 28. B. Riley & Co downgraded Texas Instruments Incorporated (NASDAQ:TXN) on Thursday, October 22 to “Neutral” rating. The company was maintained on Thursday, October 22 by UBS. The firm has “Mkt Perform” rating by FBR Capital given on Thursday, October 22.
Texas Instruments Incorporated, incorporated on December 23, 1938, designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Firm operates through two divisions: Analog and Embedded Processing. The Firm has design, manufacturing or sales activities in over 30 countries.
More recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Profitconfidential.com which released: “Texas Instruments Incorporated: A Moon Shot with TXN Stock” on November 22, 2016. Also Nasdaq.com published the news titled: “Texas Instruments Incorporated (TXN) Ex-Dividend Date Scheduled for November …” on November 02, 2016. Profitconfidential.com‘s news article titled: “Texas Instruments Stock: Price Support for TXN Stock Is Found Here” with publication date: November 07, 2016 was also an interesting one.
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By Vivian Park