Texas Instruments Incorporated (TXN) Position Decreased by One Capital Management LLC

Marco Green
May 23, 2017

Texas Instruments Incorporated (NASDAQ:TXN) traded up 0.09% on Monday, reaching $80.37. The analysts estimated EPS for the higher end at 1.01 and lower end at 0.94 while the year ago reported earnings per share was 0.8.

More recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Nasdaq.com which released: "Texas Instruments Incorporated (TXN) Ex-Dividend Date Scheduled for April 27, 2017" on April 26, 2017.

Several other large investors also recently modified their holdings of the stock. Ltd. raised its stake in shares of Texas Instruments by 3.4% in the first quarter. Chemung Canal Trust Company sold 64,742 shares as Texas (TXN)'s stock rose 5.05%. Bowling Portfolio Management LLC bought a new stake in shares of Texas Instruments during the first quarter worth about $5,008,000. Campbell Newman Asset Management Inc sold 26,670 shares as Texas Instruments Inc. The Campbell Newman Asset Management Inc holds 195,085 shares with $14.24M value, down from 221,755 last quarter. Advisory Services Network LLC bought a new stake in shares of Texas Instruments during the first quarter worth about $601,000. TCI Wealth Advisors Inc. boosted its position in Texas Instruments by 33.2% in the first quarter. Capital Analysts LLC now owns 1,702 shares of the semiconductor company's stock valued at $124,000 after buying an additional 142 shares in the last quarter. The fund acquired 2,650 shares of the semiconductor company's stock, valued at approximately $213,000.

Texas Instruments Incorporated (NASDAQ:TXN), after opening at $80.48, closed at $80.37 by scoring 0.09%. Plancorp Llc invested in 3,275 shares or 0.07% of the stock.

In order to tell which way a stock is trending, the stock's share price should be compared to its moving average.

Shares of Texas Instruments Incorporated (NASDAQ:TXN) opened at 80.37 on Tuesday. Texas Instruments Incorporated has a 80.21B market cap and its past year revenues were 13.76B. RBC Capital Markets maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Thursday, April 28. The business had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.31 billion.

The company has mean EPS estimate of 1.05 reported by 27 number of analyst for the quarter ending Jul 25, 2017. Texas Instruments had a net margin of 25.89% and a return on equity of 32.78%. Texas Instruments's revenue was up 13.1% compared to the same quarter past year. $42.38M worth of Texas Instruments Incorporated (NASDAQ:TXN) shares were sold by TEMPLETON RICHARD K.

The firm also recently declared a quarterly dividend, which was paid on Monday, May 15th. State Board Of Administration Of Florida Retirement System holds 0.32% or 1.46 million shares. As per Thursday, April 28, the company rating was maintained by Wedbush. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.49%. Texas Instruments's payout ratio is 59.35%.

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A number of other brokerages have also recently commented on TXN. Drexel Hamilton reiterated a "buy" rating and set a $93.00 price objective on shares of Texas Instruments in a research note on Wednesday, April 26th. Finally, Instinet upped their target price on Texas Instruments from $60.00 to $70.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 25th. Barclays PLC increased their price objective on shares of Texas Instruments to $77.00 in a research note on Wednesday, January 25th. BMO Capital Markets reaffirmed a "buy" rating and issued a $92.00 target price on shares of Texas Instruments in a research note on Monday, April 17th.

In terms of Buy, Sell or Hold recommendations, Texas Instruments (NASDAQ:TXN) has analysts' mean recommendation of 2.4. The company presently has an average rating of "Hold" and an average price target of $82.10. Following the transaction, the insider now owns 102,028 shares in the company, valued at $8,224,477.08. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

In other Texas Instruments news, Director Pamela H. Patsley sold 7,000 shares of Texas Instruments stock in a transaction on Thursday, April 27th. The stock was sold at an average price of $80.42, for a total transaction of $10,805,231.20. Following the completion of the sale, the insider now owns 448,663 shares of the company's stock, valued at $36,225,050.62. The disclosure for this sale can be found here. Insiders sold a total of 323,780 shares of company stock valued at $26,093,457 over the last quarter. Past 5 years growth of Texas Instruments (NASDAQ:TXN) observed at 19.47%, looking forward for the next 5 years it has a strong prediction of 10.13% over growth.

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