Texas Instruments Incorporated (TXN) : Genesee Valley Trust Co scooped up 3,123 additional shares in Texas Instruments Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 18,705 shares of Texas Instruments Incorporated which is valued at $1,333,105.Texas Instruments Incorporated makes up approximately 0.86% of Genesee Valley Trust Co’s portfolio.
Other Hedge Funds, Including , National Investment Services Inc Wi reduced its stake in TXN by selling 1,541 shares or 3.99% in the most recent quarter. The Hedge Fund company now holds 37,118 shares of TXN which is valued at $2,645,400. Texas Instruments Incorporated makes up approx 2.89% of National Investment Services Inc Wi’s portfolio. America First Investment Advisors sold out all of its stake in TXN during the most recent quarter. The investment firm sold 100 shares of TXN which is valued $6,549.Eqis Capital Management boosted its stake in TXN in the latest quarter, The investment management firm added 5,488 additional shares and now holds a total of 16,921 shares of Texas Instruments Incorporated which is valued at $1,103,080. Texas Instruments Incorporated makes up approx 0.07% of Eqis Capital Management’s portfolio.Forte Capital Adv reduced its stake in TXN by selling 1,200 shares or 8.46% in the most recent quarter. The Hedge Fund company now holds 12,992 shares of TXN which is valued at $838,504. Texas Instruments Incorporated makes up approx 0.32% of Forte Capital Adv’s portfolio.
Texas Instruments Incorporated closed down -0.48 points or -0.68% at $69.75 with 79,63,050 shares getting traded on Friday. Post opening the session at $70.32, the shares hit an intraday low of $69.63 and an intraday high of $70.465 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Texas Instruments Incorporated reported $0.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $0.72. The company had revenue of $3273.00 million for the quarter, compared to analysts expectations of $3200.20 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.
Many Wall Street Analysts have commented on Texas Instruments Incorporated. Company shares were Reiterated by Mizuho on Jul 26, 2016 to “Neutral”, Firm has raised the Price Target to $ 65 from a previous price target of $57 .Company shares were Reiterated by Cowen on Jul 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 69 from a previous price target of $60 .Company shares were Reiterated by Drexel Hamilton on Jul 26, 2016 to “Buy”, Firm has raised the Price Target to $ 82 from a previous price target of $71 .
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 Companys Analog segment includes the following product lines: High Volume Analog & Logic Power Management High Performance Analog and Silicon Valley Analog. The Companys 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.