Crawford Investment Counsel Inc Lowers stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Crawford Investment Counsel Inc reduced its stake in Texas Instruments Incorporated by 2.38% during the most recent quarter end. The investment management company now holds a total of 1,229,853 shares of Texas Instruments Incorporated which is valued at $70.2 Million after selling 29,960 shares in Texas Instruments Incorporated , the firm said in a disclosure report filed with the SEC on May 13, 2016.Texas Instruments Incorporated makes up approximately 2.95% of Crawford Investment Counsel Inc’s portfolio.

Other Hedge Funds, Including , Bridgewater Associates Lp boosted its stake in TXN in the latest quarter, The investment management firm added 97,773 additional shares and now holds a total of 206,381 shares of Texas Instruments Incorporated which is valued at $11.8 Million. Texas Instruments Incorporated makes up approx 0.15% of Bridgewater Associates Lp’s portfolio. Advisors Preferred sold out all of its stake in TXN during the most recent quarter. The investment firm sold 399 shares of TXN which is valued $22,791.Blue Chip Partners boosted its stake in TXN in the latest quarter, The investment management firm added 446 additional shares and now holds a total of 32,760 shares of Texas Instruments Incorporated which is valued at $1.9 Million. Texas Instruments Incorporated makes up approx 0.91% of Blue Chip Partners’s portfolio.Exane Derivatives boosted its stake in TXN in the latest quarter, The investment management firm added 679 additional shares and now holds a total of 9,537 shares of Texas Instruments Incorporated which is valued at $545,516. Texas Instruments Incorporated makes up approx 0.10% of Exane Derivatives’s portfolio.Jensen Investment Management Inc boosted its stake in TXN in the latest quarter, The investment management firm added 560 additional shares and now holds a total of 7,480 shares of Texas Instruments Incorporated which is valued at $427,856. Texas Instruments Incorporated makes up approx 0.01% of Jensen Investment Management Inc’s portfolio.

Texas Instruments Incorporated opened for trading at $60.15 and hit $60.51 on the upside on Wednesday, eventually ending the session at $60.44, with a gain of 0.58% or 0.35 points. The heightened volatility saw the trading volume jump to 57,90,180 shares. Company has a market cap of $60,695 M.

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. Credit Agricole Initiated Texas Instruments Incorporated on May 17, 2016 to “Underperform”, Price Target of the shares are set at $60.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 .

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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