Economy

Fast Growing Stock in Focus: Texas Instruments Incorporated (NASDAQ:TXN)

Wealthfront Inc. trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). California Public Employees Retirement System increased its stake in shares of Texas Instruments by 0.5% during the second quarter.

Investors are more bearish on Texas Instruments Incorporated of late at least if you consider the change in short interest.

A number of other hedge funds have also made changes to their positions in the stock. Texas Instruments Inc now has $92.71B valuation. 778.17 million shares or 5.60% less from 824.35 million shares in 2017Q1 were reported. Waddell & Reed Financial Inc. grew its stake in Texas Instruments by 476.4% during the 1st quarter. Cullinan Associates Inc. now owns 123,800 shares of the semiconductor company's stock worth $9,524,000 after purchasing an additional 1,575 shares in the last quarter. The volume of the company in the last trading session was 3.15 Million. FMR LLC now owns 12,422,815 shares of the semiconductor company's stock valued at $955,687,000 after buying an additional 250,488 shares during the period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. The original version of this piece can be read at https://stocknewstimes.com/2017/10/18/mariner-wealth-advisors-llc-reduces-position-in-texas-instruments-incorporated-txn.html. If you are reading this piece on another site, it was stolen and republished in violation of USA and worldwide copyright & trademark laws. Zacks Invest owns 0.01% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 6,475 shares.

In related news, Director Carrie Smith Cox sold 14,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $81.87, for a total transaction of $1,228,050.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

07/26/2017 - Texas Instruments Incorporated had its "buy" rating reiterated by analysts at UBS.

For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments. The disclosure for this sale can be found here.

Among 32 analysts covering Texas Instruments (NASDAQ:TXN), 17 have Buy rating, 2 Sell and 13 Hold. As per Wednesday, December 21, the company rating was initiated by Susquehanna. Barclays PLC reduced their target price on Texas Instruments from $78.00 to $83.00 in a research note on Wednesday, July 26th. The stock has "Buy" rating by Rosenblatt on Wednesday, July 26. The average investment rating for TXN on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.96 or a Hold. Westpac Bk has 0% invested in Texas Instruments Incorporated (NASDAQ:TXN). The company has a 50-day moving average price of $86.61 and a 200 day moving average price of $81.95.

Texas Instruments Incorporated now has a P/E ratio of 23.45 and the market cap of the company is 92.81B.

Receive Texas Instruments Incorporated News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments Incorporated with MarketBeat.com's FREE daily email newsletter. The rating was maintained by B. Riley & Co on Wednesday, July 26 with "Hold". According to the Analysts, the Low Earnings estimate for the current quarter is $4.55, while the High earnings estimate is $5.7.Comparatively, EPS for the same quarter a year ago was $4.97. Texas Instruments had a return on equity of 36.52% and a net margin of 28.68%. The firm had revenue of $3.69 billion for the quarter, compared to analysts' expectations of $3.57 billion. TXN's average trading volume during the past 20 days is higher than the average volume over the past 100 days, which could be an indication that investors are feeling more certain than usual about the direction of TXN's future price movements. This works out to an increase of 23.65% compared to last year's earnings. On average, equities research analysts predict that Texas Instruments Incorporated will post $4.13 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Blair William & Il holds 0.31% or 428,526 shares in its portfolio. The firm earned "Market Perform" rating on Thursday, October 27 by Cowen & Co. Texas Instruments's payout ratio is 50.51%. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. This repurchase authorization authorizes the semiconductor company to buy up to 74% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued. Bernstein downgraded Texas Instruments Incorporated (NASDAQ:TXN) on Friday, December 18 to "Mkt Perform" rating. The Company operates through two segments: Analog and Embedded Processing.



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