Cedar Hill Associates Lowers stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Cedar Hill Associates reduced its stake in Texas Instruments Incorporated by 0.86% during the most recent quarter end. The investment management company now holds a total of 172,060 shares of Texas Instruments Incorporated which is valued at $11,216,591 after selling 1,500 shares in Texas Instruments Incorporated , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Texas Instruments Incorporated makes up approximately 1.87% of Cedar Hill Associates’s portfolio.

Other Hedge Funds, Including , Nisa Investment Advisors boosted its stake in TXN in the latest quarter, The investment management firm added 27,730 additional shares and now holds a total of 531,481 shares of Texas Instruments Incorporated which is valued at $34,647,246. Texas Instruments Incorporated makes up approx 0.45% of Nisa Investment Advisors’s portfolio.Capstone Asset Management Co boosted its stake in TXN in the latest quarter, The investment management firm added 4,683 additional shares and now holds a total of 138,648 shares of Texas Instruments Incorporated which is valued at $8,948,342. Texas Instruments Incorporated makes up approx 0.26% of Capstone Asset Management Co’s portfolio.Dnb Asset Management As boosted its stake in TXN in the latest quarter, The investment management firm added 4,100 additional shares and now holds a total of 90,713 shares of Texas Instruments Incorporated which is valued at $5,739,412. Texas Instruments Incorporated makes up approx 0.12% of Dnb Asset Management As’s portfolio.Raymond James Trust N.a. boosted its stake in TXN in the latest quarter, The investment management firm added 3,120 additional shares and now holds a total of 28,511 shares of Texas Instruments Incorporated which is valued at $1,803,891. Texas Instruments Incorporated makes up approx 0.15% of Raymond James Trust N.a.’s portfolio.

Texas Instruments Incorporated opened for trading at $64.85 and hit $65.52 on the upside on Monday, eventually ending the session at $65.19, with a gain of 0.52% or 0.34 points. The heightened volatility saw the trading volume jump to 34,52,479 shares. Company has a market cap of $65,466 M.

On the company’s financial health, Texas Instruments Incorporated reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.62. The company had revenue of $3008.00 million for the quarter, compared to analysts expectations of $2984.63 million. The company’s revenue was down -4.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 EPS.

Many Wall Street Analysts have commented on Texas Instruments Incorporated. Shares were Reiterated by RBC Capital Mkts on Jul 1, 2016 to “Outperform” and Lowered the Price Target to $ 66 from a previous price target of $68 .Credit Agricole Initiated Texas Instruments Incorporated on May 17, 2016 to “Underperform”, Price Target of the shares are set at $60.Company shares were Reiterated by Drexel Hamilton on Apr 28, 2016 to “Buy”, Firm has raised the Price Target to $ 71 from a previous price target of $64 .

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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