Northwest Investment Counselors buys $858,547 stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Northwest Investment Counselors scooped up 964 additional shares in Texas Instruments Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 14,631 shares of Texas Instruments Incorporated which is valued at $858,547.Texas Instruments Incorporated makes up approximately 0.48% of Northwest Investment Counselors’s portfolio.

Texas Instruments Incorporated opened for trading at $59.03 and hit $60 on the upside on Wednesday, eventually ending the session at $59.92, with a gain of 0.88% or 0.52 points. The heightened volatility saw the trading volume jump to 71,23,930 shares. Company has a market cap of $60,235 M.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in TXN in the latest quarter, The investment management firm added 611 additional shares and now holds a total of 2,181 shares of Texas Instruments Incorporated which is valued at $127,981. Texas Instruments Incorporated makes up approx 0.03% of Advisory Services Network’s portfolio.Ferguson Wellman Capital Management Inc boosted its stake in TXN in the latest quarter, The investment management firm added 201,422 additional shares and now holds a total of 878,479 shares of Texas Instruments Incorporated which is valued at $51,549,148. Texas Instruments Incorporated makes up approx 2.14% of Ferguson Wellman Capital Management Inc’s portfolio.Manning Napier Advisors reduced its stake in TXN by selling 3,414 shares or 2.6% in the most recent quarter. The Hedge Fund company now holds 127,978 shares of TXN which is valued at $7,541,744. Texas Instruments Incorporated makes up approx 0.05% of Manning Napier Advisors’s portfolio.Howland Capital Management reduced its stake in TXN by selling 500 shares or 11.87% in the most recent quarter. The Hedge Fund company now holds 3,714 shares of TXN which is valued at $218,866. Texas Instruments Incorporated makes up approx 0.02% of Howland Capital Management’s portfolio.

On the company’s financial health, Texas Instruments Incorporated reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.62. The company had revenue of $3008.00 million for the quarter, compared to analysts expectations of $2984.63 million. The company’s revenue was down -4.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 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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