Ownership Action Don’t Lie: Texas Instruments Inc (NASDAQ:TXN) Institutional Investor Sentiment Analysis

January 11, 2017 - By Peter Erickson   ·   0 Comments

Ownership Action Don't Lie: Texas Instruments Inc (NASDAQ:TXN) Institutional Investor Sentiment Analysis

Sentiment for Texas Instruments Inc (NASDAQ:TXN)

Texas Instruments Inc (NASDAQ:TXN) institutional sentiment decreased to 0.94 in Q3 2016. Its down -0.05, from 0.99 in 2016Q2. The ratio fall, as 367 funds opened new or increased stock positions, while 392 cut down and sold their positions in Texas Instruments Inc. The funds in our partner’s database now own: 834.61 million shares, down from 856.58 million shares in 2016Q2. Also, the number of funds holding Texas Instruments Inc in their top 10 stock positions increased from 23 to 36 for an increase of 13. Sold All: 50 Reduced: 342 Increased: 266 New Position: 101.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The company has a market cap of $75.14 billion. The Firm operates through two divisions: Analog and Embedded Processing. It has a 23.8 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).

About 2.64 million shares traded hands. Texas Instruments Incorporated (NASDAQ:TXN) has risen 21.18% since June 7, 2016 and is uptrending. It has outperformed by 13.76% 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 $812.38 million for 23.13 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 8.92% of its portfolio in Texas Instruments Incorporated for 329,193 shares. Heathbridge Capital Management Ltd. owns 391,200 shares or 7.17% of their US portfolio. Moreover, University Of Texas Investment Managment Co has 5.99% invested in the company for 32,000 shares. The Illinois-based Glenview State Bank Trust Dept. has invested 3.79% in the stock. Sadoff Investment Management Llc, a Wisconsin-based fund reported 484,263 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 12 sales for $76.01 million net activity.

Texas Instruments Incorporated (NASDAQ:TXN) Ratings Coverage

Ratings analysis reveals 52% of Texas Instruments’s analysts are positive. Out of 25 Wall Street analysts rating Texas Instruments, 13 give it “Buy”, 2 “Sell” rating, while 10 recommend “Hold”. The lowest target is $44 while the high is $80. The stock’s average target of $61.13 is -18.41% below today’s ($74.92) share price. TXN was included in 45 notes of analysts from July 24, 2015. The firm has “Neutral” rating given on Thursday, October 27 by Mizuho. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, January 12 report. The rating was downgraded by Goldman Sachs on Wednesday, February 3 to “Sell”. On Thursday, October 22 the stock rating was downgraded by B. Riley & Co to “Neutral”. Wedbush maintained it with “Outperform” rating and $65 target price in Thursday, April 28 report. The company was upgraded on Monday, January 9 by Credit Suisse. The stock has “Neutral” rating given by Mizuho on Tuesday, January 19. The firm has “Neutral” rating given on Thursday, January 28 by M Partners. The company was maintained on Friday, October 2 by RBC Capital Markets. Oppenheimer upgraded Texas Instruments Incorporated (NASDAQ:TXN) on Tuesday, December 15 to “Outperform” rating.

TXN Company Profile

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.

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By Peter Erickson

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