Bristol John W Co Inc Ny Lowers stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Bristol John W Co Inc Ny reduced its stake in Texas Instruments Incorporated by 4.18% during the most recent quarter end. The investment management company now holds a total of 1,856,220 shares of Texas Instruments Incorporated which is valued at $108,922,990 after selling 80,936 shares in Texas Instruments Incorporated , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.Texas Instruments Incorporated makes up approximately 2.88% of Bristol John W Co Inc Ny’s portfolio.

Texas Instruments Incorporated closed down -0.18 points or -0.31% at $58.68 with 53,59,856 shares getting traded on Friday. Post opening the session at $58.81, the shares hit an intraday low of $58.44 and an intraday high of $59.6 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Cwm boosted its stake in TXN in the latest quarter, The investment management firm added 30,785 additional shares and now holds a total of 30,900 shares of Texas Instruments Incorporated which is valued at $1,813,212. Texas Instruments Incorporated makes up approx 0.16% of Cwm’s portfolio. Pensionfund Dsm Netherlands added TXN to its portfolio by purchasing 85,000 company shares during the most recent quarter which is valued at $4,914,700. Texas Instruments Incorporated makes up approx 0.67% of Pensionfund Dsm Netherlands’s portfolio.

On the company’s financial health, Texas Instruments Incorporated reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jan 27, 2016. Analyst had a consensus of $0.69. The company had revenue of $3189.00 million for the quarter, compared to analysts expectations of $3204.47 million. The company’s revenue was down -2.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.69 EPS.

Many Wall Street Analysts have commented on Texas Instruments Incorporated. Texas Instruments Incorporated was Downgraded by Raymond James to ” Outperform” on Apr 19, 2016. Company shares were Reiterated by Mizuho on Apr 15, 2016 to “Neutral”, Firm has raised the Price Target to $ 57 from a previous price target of $51 .Drexel Hamilton Reiterated Texas Instruments Incorporated on Mar 2, 2016 to “Buy”, Price Target of the shares are set at $64.

Texas Instruments Incorporated designs makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. The Company’s Analog segment includes the following product lines: High Volume Analog & Logic Power Management High Performance Analog and Silicon Valley Analog. The Company’s Embedded Processing segment includes the following product lines: Processor Microcontrollers and Connectivity. The Company is also engaged in smaller product lines such as DLP products certain custom semiconductors known as application-specific integrated circuits calculators baseband products and applications processors and connectivity products. The revenues from these smaller businesses are included under the Other segment. The Company has design manufacturing or sales operations in 35 countries.

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