Texas Instruments Incorporated (TXN) : First National Bank Of Mount Dora Trust Investment Services reduced its stake in Texas Instruments Incorporated by 3.46% during the most recent quarter end. The investment management company now holds a total of 72,234 shares of Texas Instruments Incorporated which is valued at $4.2 Million after selling 2,587 shares in Texas Instruments Incorporated according to a report filed by the company on Apr 5, 2016 with the SEC.Texas Instruments Incorporated makes up approximately 2.47% of First National Bank Of Mount Dora Trust Investment Services’s portfolio.
Other Hedge Funds, Including , Hollencrest Securities boosted its stake in TXN in the latest quarter, The investment management firm added 714 additional shares and now holds a total of 4,700 shares of Texas Instruments Incorporated which is valued at $271,754. Texas Instruments Incorporated makes up approx 0.05% of Hollencrest Securities’s portfolio. Pensionfund Dsm Netherlands added TXN to its portfolio by purchasing 85,000 company shares during the most recent quarter which is valued at $4.9 Million. Texas Instruments Incorporated makes up approx 0.67% of Pensionfund Dsm Netherlands’s portfolio. Pensionfund Sabic added TXN to its portfolio by purchasing 40,000 company shares during the most recent quarter which is valued at $2.3 Million. Texas Instruments Incorporated makes up approx 0.71% of Pensionfund Sabic’s portfolio.Beacon Financial Group boosted its stake in TXN in the latest quarter, The investment management firm added 2,427 additional shares and now holds a total of 16,918 shares of Texas Instruments Incorporated which is valued at $980,229. Texas Instruments Incorporated makes up approx 0.21% of Beacon Financial Group’s portfolio.
On the company’s financial health, Texas Instruments Incorporated reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jan 27, 2016. Analyst had a consensus of $0.69. The company had revenue of $3189.00 million for the quarter, compared to analysts expectations of $3204.47 million. The company’s revenue was down -2.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.69 EPS.
Many Wall Street Analysts have commented on Texas Instruments Incorporated. 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 was Downgraded by Goldman to ” Sell” on Feb 3, 2016.
Texas Instruments Incorporated closed down -0.07 points or -0.12% at $57.82 with 36,63,602 shares getting traded on Monday. Post opening the session at $57.9, the shares hit an intraday low of $57.79 and an intraday high of $58.635 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.