Ruffer Llp Lowers stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Ruffer Llp reduced its stake in Texas Instruments Incorporated by 36.08% during the most recent quarter end. The investment management company now holds a total of 571,480 shares of Texas Instruments Incorporated which is valued at $40,003,600 after selling 322,564 shares in Texas Instruments Incorporated , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Texas Instruments Incorporated makes up approximately 1.71% of Ruffer Llp’s portfolio.

Other Hedge Funds, Including , Bradley Foster Sargent Incct reduced its stake in TXN by selling 2,171 shares or 5.04% in the most recent quarter. The Hedge Fund company now holds 40,931 shares of TXN which is valued at $2,870,900. Texas Instruments Incorporated makes up approx 0.13% of Bradley Foster Sargent Incct’s portfolio.Great West Life Assurance Co Can boosted its stake in TXN in the latest quarter, The investment management firm added 169,187 additional shares and now holds a total of 751,223 shares of Texas Instruments Incorporated which is valued at $51,744,240. Texas Instruments Incorporated makes up approx 0.15% of Great West Life Assurance Co Can’s portfolio.Mizuho Trust Banking Ltd. boosted its stake in TXN in the latest quarter, The investment management firm added 399 additional shares and now holds a total of 1,714,720 shares of Texas Instruments Incorporated which is valued at $118,109,914. Texas Instruments Incorporated makes up approx 0.35% of Mizuho Trust Banking Ltd.’s portfolio.Boston Advisors boosted its stake in TXN in the latest quarter, The investment management firm added 304 additional shares and now holds a total of 66,739 shares of Texas Instruments Incorporated which is valued at $4,756,489. Texas Instruments Incorporated makes up approx 0.12% of Boston Advisors’s portfolio.

Texas Instruments Incorporated (TXN) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $69.92 and reached the intraday high at $70.02. The bulls started the profit booking and pushed the shares to intraday low of $69.535. The trading session was marked by a volume range of 59,14,651 shares exchanging hands. The 52-week high of the shares is $72.5801 and the 52-week low is $43.49. The market cap of the company stands at $70,044 M and there are 1,00,32,09,760 shares in public circulation.

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. Texas Instruments Incorporated was Upgraded by Exane BNP Paribas to ” Neutral” on Aug 4, 2016. 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 .

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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