Economy

Active Stock in Review: Texas Instruments Inc. (TXN)

Other institutional investors have also recently modified their holdings of the company. Texas Instruments Incorporated (NASDAQ:TXN) has risen 40.31% since December 6, 2016 and is uptrending. The institutional investor owned 30,164 shares of the semiconductor company's stock after buying an additional 1,481 shares during the quarter.

Amg Funds Llc decreased Varian Med Sys Inc (NYSE:VAR) stake by 8,158 shares to 19,632 valued at $2.03M in 2017Q2. The Massachusetts-based Geode Capital Management Llc has invested 0% in the stock. Finally, Sanford C. Bernstein restated an "outperform" rating and issued a $95.00 target price on shares of Texas Instruments in a research note on Tuesday, September 26th. Finally, Teacher Retirement System of Texas increased its position in shares of Texas Instruments by 57.2% during the first quarter. Jennison Associates LLC now owns 8,080,896 shares of the semiconductor company's stock worth $650,997,000 after buying an additional 6,361,577 shares in the last quarter. Renaissance Techs Limited holds 0% of its portfolio in Daily Journal Corporation (NASDAQ:DJCO) for 1,600 shares. Janus Capital Management LLC now owns 6,079,676 shares of the semiconductor company's stock worth $443,668,000 after buying an additional 2,226,828 shares in the last quarter. American Int Group Inc invested in 0.13% or 474,500 shares.

Putnam FL Investment Management Co. purchased a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). (NYSE:ARW), 6 have Buy rating, 1 Sell and 3 Hold.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, October 24th.

The price/earnings ratio (P/E) for Texas Instruments Incorporated is 22.07 and the forward P/E ratio stands at 21.32. Narrowing our focus to the previous 1 month, the shares have been down by -1.10%. For TXN, the company now has 1.3 billion of cash on the books, which is offset by 499 million in current liabilities. Texas Instruments Incorporated has a twelve month low of $70.61 and a twelve month high of $99.79. Based on a recent bid, its distance from 20 days simple moving average is -0.94%, and its distance from 50 days simple moving average is 1.96% while it has a distance of 15.03% from the 200 days simple moving average. After $1.26 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth. Texas Instruments had a net margin of 29.98% and a return on equity of 38.88%. The firm had revenue of $4.12 billion for the quarter, compared to analysts' expectations of $3.91 billion. They expect $2.29 EPS, up 14.50% or $0.29 from last year's $2 per share. Texas Instruments's revenue for the quarter was up 12.0% compared to the same quarter last year. equities research analysts anticipate that Texas Instruments Incorporated will post 4.36 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, November 13th. Investors of record on Tuesday, October 31st were issued a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Monday, October 30th. Stifel Nicolaus maintained Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, October 25 with "Hold" rating.

A number of brokerages have issued reports on TXN. Parsec Financial Mgmt reported 0.02% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Moreover, Andra Ap has 0.2% invested in Texas Instruments Incorporated (NASDAQ:TXN). Mizuho reaffirmed a "hold" rating on shares of Texas Instruments in a research note on Wednesday, October 25th. Robert W. Baird reaffirmed a "hold" rating and set a $85.00 target price on shares of Texas Instruments in a research report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating, thirteen have assigned a buy rating and three have issued a strong buy rating to the company. The stock has an average rating of "Buy" and a consensus price target of $93.85. Also, SVP Bing Xie sold 17,500 shares of Texas Instruments stock in a transaction dated Monday, October 30th.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume - ADTV). The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The shares were sold at an average price of $96.51, for a total transaction of $43,429,500.00. Following the sale, the chief executive officer now owns 1,137,056 shares in the company, valued at approximately $110,157,985.28. The disclosure for this sale can be found here. (NYSE:AIG) traded up 0.46% in the last session while performance was up 59.53% in the last five days. Following the sale, the chairman now owns 1,137,056 shares in the company, valued at $109,737,274.56.



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