Mason Street Advisors buys $9,502,624 stake in Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : Mason Street Advisors scooped up 450 additional shares in Texas Instruments Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 135,713 shares of Texas Instruments Incorporated which is valued at $9,502,624.Texas Instruments Incorporated makes up approximately 0.27% of Mason Street Advisors’s portfolio.

Other Hedge Funds, Including , Tctc Holdings boosted its stake in TXN in the latest quarter, The investment management firm added 70 additional shares and now holds a total of 91,853 shares of Texas Instruments Incorporated which is valued at $6,431,547. Texas Instruments Incorporated makes up approx 0.46% of Tctc Holdings’s portfolio.New York State Teachers Retirement System reduced its stake in TXN by selling 62,765 shares or 3.46% in the most recent quarter. The Hedge Fund company now holds 1,749,279 shares of TXN which is valued at $120,945,150. Texas Instruments Incorporated makes up approx 0.32% of New York State Teachers Retirement System’s portfolio.Pbwm Holdings reduced its stake in TXN by selling 1,134 shares or 8.51% in the most recent quarter. The Hedge Fund company now holds 12,185 shares of TXN which is valued at $823,706. Texas Instruments Incorporated makes up approx 0.32% of Pbwm Holdings’s portfolio.Marathon Asset Management Llp reduced its stake in TXN by selling 60,296 shares or 3.9% in the most recent quarter. The Hedge Fund company now holds 1,484,652 shares of TXN which is valued at $103,094,235. Texas Instruments Incorporated makes up approx 2.26% of Marathon Asset Management Llp’s portfolio.

Texas Instruments Incorporated opened for trading at $71.84 and hit $73.15 on the upside on Monday, eventually ending the session at $72.6, with a gain of 0.72% or 0.52 points. The heightened volatility saw the trading volume jump to 54,84,164 shares. Company has a market cap of $72,563 M.

On the company’s financial health, Texas Instruments Incorporated reported $0.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $0.86. The company had revenue of $3675.00 million for the quarter, compared to analysts expectations of $3484.77 million. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Investors should note that on Oct 26, 2016, Texas Instruments Incorporated announced a cash dividend of $0.5000. The company’s management has announced Nov 3, 2017 as the ex-dividend date and fixed the record date on Nov 7, 2017. The payable date has been fixed on Nov 21, 2016.

Many Wall Street Analysts have commented on Texas Instruments Incorporated. Company shares were Reiterated by Mizuho on Oct 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 68 from a previous price target of $65 .Company shares were Reiterated by Cowen on Oct 27, 2016 to “Market Perform”, Firm has raised the Price Target to $ 73 from a previous price target of $69 .Bernstein Upgraded Texas Instruments Incorporated on Sep 13, 2016 to ” Outperform”, Price Target of the shares are set at $80.

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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