Ballentine Partners Lowers stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Ballentine Partners reduced its stake in Texas Instruments Incorporated by 0.29% during the most recent quarter end. The investment management company now holds a total of 13,153 shares of Texas Instruments Incorporated which is valued at $905,979 after selling 38 shares in Texas Instruments Incorporated , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Texas Instruments Incorporated makes up approximately 0.07% of Ballentine Partners’s portfolio.

Other Hedge Funds, Including , Wallington Asset Management boosted its stake in TXN in the latest quarter, The investment management firm added 3,335 additional shares and now holds a total of 100,055 shares of Texas Instruments Incorporated which is valued at $6,891,788. Texas Instruments Incorporated makes up approx 2.11% of Wallington Asset Management’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in TXN in the latest quarter, The investment management firm added 2,785 additional shares and now holds a total of 160,154 shares of Texas Instruments Incorporated which is valued at $11,031,408. Texas Instruments Incorporated makes up approx 0.28% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Ngam Advisors boosted its stake in TXN in the latest quarter, The investment management firm added 46,890 additional shares and now holds a total of 312,317 shares of Texas Instruments Incorporated which is valued at $21,512,395. Texas Instruments Incorporated makes up approx 0.29% of Ngam Advisors’s portfolio.Hl Financial Services boosted its stake in TXN in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 24,542 shares of Texas Instruments Incorporated which is valued at $1,749,108. Texas Instruments Incorporated makes up approx 0.04% of Hl Financial Services’s portfolio.Pennsylvania Trust Co boosted its stake in TXN in the latest quarter, The investment management firm added 1,571 additional shares and now holds a total of 6,099 shares of Texas Instruments Incorporated which is valued at $399,180. Texas Instruments Incorporated makes up approx 0.03% of Pennsylvania Trust Co’s portfolio.

Texas Instruments Incorporated closed down -0.01 points or -0.01% at $70.14 with 48,65,939 shares getting traded on Monday. Post opening the session at $70.03, the shares hit an intraday low of $69.99 and an intraday high of $70.32 and the price fluctuated in this range throughout the day.Shares ended Monday 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. 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.

Leave a Reply

Texas Instruments Incorporated - Is it time to Sell?

Top Brokerage Firms are advising their investors on Texas Instruments Incorporated. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.