Baltimore-washington Financial Advisors buys $7,365,587 stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Baltimore-washington Financial Advisors scooped up 7,615 additional shares in Texas Instruments Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 128,769 shares of Texas Instruments Incorporated which is valued at $7,365,587.Texas Instruments Incorporated makes up approximately 2.24% of Baltimore-washington Financial Advisors’s portfolio.

Texas Instruments Incorporated opened for trading at $56.24 and hit $57.3 on the upside on Friday, eventually ending the session at $57.2, with a gain of 0.99% or 0.56 points. The heightened volatility saw the trading volume jump to 80,54,491 shares. Company has a market cap of $57,442 M.

Other Hedge Funds, Including , Quantitative Investment Management sold out all of its stake in TXN during the most recent quarter. The investment firm sold 148,200 shares of TXN which is valued $8,477,040.State Of New Jersey Common Pension Fund D reduced its stake in TXN by selling 40,000 shares or 5.33% in the most recent quarter. The Hedge Fund company now holds 710,000 shares of TXN which is valued at $40,498,400. Texas Instruments Incorporated makes up approx 0.18% of State Of New Jersey Common Pension Fund D’s portfolio.Curian Capital reduced its stake in TXN by selling 208,706 shares or 74.03% in the most recent quarter. The Hedge Fund company now holds 73,231 shares of TXN which is valued at $4,177,096. Texas Instruments Incorporated makes up approx 0.31% of Curian Capital’s portfolio.Highstreet Asset Management reduced its stake in TXN by selling 20,308 shares or 48.84% in the most recent quarter. The Hedge Fund company now holds 21,273 shares of TXN which is valued at $1,248,300. Texas Instruments Incorporated makes up approx 0.44% of Highstreet Asset Management’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.

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. Company shares were Reiterated by Drexel Hamilton on Apr 28, 2016 to “Buy”, Firm has raised the Price Target to $ 71 from a previous price target of $64 .Company shares were Reiterated by Cowen on Apr 28, 2016 to “Market Perform”, Firm has raised the Price Target to $ 60 from a previous price target of $56 .Company shares were Reiterated by RBC Capital Mkts on Apr 28, 2016 to “Outperform”, Firm has raised the Price Target to $ 68 from a previous price target of $65 .

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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