Bank Of Hawaii Lowers stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Bank Of Hawaii reduced its stake in Texas Instruments Incorporated by 20.67% during the most recent quarter end. The investment management company now holds a total of 32,693 shares of Texas Instruments Incorporated which is valued at $2,251,894 after selling 8,520 shares in Texas Instruments Incorporated , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Texas Instruments Incorporated makes up approximately 0.24% of Bank Of Hawaii’s portfolio.

Other Hedge Funds, Including , Pillar Pacific Capital Management boosted its stake in TXN in the latest quarter, The investment management firm added 32 additional shares and now holds a total of 3,982 shares of Texas Instruments Incorporated which is valued at $274,280. Texas Instruments Incorporated makes up approx 0.04% of Pillar Pacific Capital Management’s portfolio.Penobscot Investment Management Company reduced its stake in TXN by selling 1,500 shares or 10.76% in the most recent quarter. The Hedge Fund company now holds 12,445 shares of TXN which is valued at $868,039. Texas Instruments Incorporated makes up approx 0.30% of Penobscot Investment Management Company’s portfolio. Oakbrook Investments sold out all of its stake in TXN during the most recent quarter. The investment firm sold 18,450 shares of TXN which is valued $1,208,291.Sonora Investment Management reduced its stake in TXN by selling 26 shares or 11.5% in the most recent quarter. The Hedge Fund company now holds 200 shares of TXN which is valued at $13,038. Texas Instruments Incorporated makes up approx 0.01% of Sonora Investment Management’s portfolio.Chevy Chase Trust Holdings boosted its stake in TXN in the latest quarter, The investment management firm added 10,303 additional shares and now holds a total of 862,661 shares of Texas Instruments Incorporated which is valued at $54,580,561. Texas Instruments Incorporated makes up approx 0.30% of Chevy Chase Trust Holdings’s portfolio.

Texas Instruments Incorporated opened for trading at $69.5 and hit $69.71 on the upside on Thursday, eventually ending the session at $69.61, with a gain of 1.06% or 0.73 points. The heightened volatility saw the trading volume jump to 43,82,084 shares. Company has a market cap of $69,904 M.

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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