Its investment was worth $39,460,000 an increase of $7,986,000 as of the end of the quarter.
Another recent and important Texas Instruments Incorporated (NASDAQ:TXN) news was published by Prnewswire.com which published an article titled: "Texas Instruments to webcast 3Q17 earnings conference call" on October 06, 2017. Legal & General Group Plc lifted its holdings in Texas Instruments by 1.5% in the 2nd quarter. The Ifrah Financial Services Inc holds 5,578 shares with $429,000 value, down from 9,617 last quarter. Raymond James Trust Na holds 0.16% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 28,001 shares. MV Capital Management Inc. boosted its stake in Texas Instruments by 7.6% in the 2nd quarter. As of quarter end Bergankdv Wealth Management, LLC had bought 4,182 shares growing its stake by 53.3%. Nikko Asset Americas Inc invested 0.04% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Finally, Glenview State Bank Trust DEPT. lifted its holdings in Texas Instruments by 1.0% in the 2nd quarter. Commonwealth Bancorp Of Aus invested in 94,723 shares or 0.07% of the stock. If you are reading this article on another website, it was stolen and reposted in violation of US and global copyright & trademark legislation. Texas Instruments Incorporated (NASDAQ:TXN) has risen 40.31% since October 19, 2016 and is uptrending.
A number of analysts have recently issued reports on the stock.
July 18 investment analysts at Barclays held the company rating at "Equal-Weight" but raised the price target from $56.00 to $83.00. Texas Instruments Incorporated now has an average analyst recommendation of 2.40 according to analysts. Texas Instruments presently has a consensus rating of Buy and an average target price of $87.44.
October 18 investment analysts at Barclays left the stock rating at "Equal-Weight" but raised the price expectation from $83.00 to $95.00. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, thirteen have issued a buy rating and three have assigned a strong buy rating to the company.
Shares of Texas Instruments Incorporated (NASDAQ:TXN) traded down 0.85% during trading on Friday, reaching $73.52.
The company now has a P/E ratio of 23.78 and the market value is 94.13B. The stock has a 50-day moving average price of $72.70 and a 200 day moving average price of $68.92.
Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, July 25th. Howe & Rusling Incorporated owns 1,662 shares or 0.03% of their U.S. portfolio. According to these analysts, the Low Revenue Estimate for Texas Instruments Inc.is 3.9 Billion and the High Revenue Estimate is 4.03 Billion. Texas Instruments's revenue for the quarter was up 12.8% on a year-over-year basis. Texas Instruments has a 1-year low of $66.80 and a 1-year high of $95.40. After $1.03 actual earnings per share reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 8.74% EPS growth.
The business also recently declared a quarterly dividend, which will be paid on Monday, November 13th. Investors of record on Tuesday, October 31st will be given a dividend of $0.62 per share. Culbertson A N holds 0.09% in Texas Instruments Incorporated (NASDAQ:TXN) or 3,593 shares. The ex-dividend date of this dividend is Monday, October 30th. Texas Instruments's dividend payout ratio is 50.51%. The company's quarterly revenue was up 12.8% compared to the same quarter a year ago. Cap Management Limited Liability Company holds 0.08% or 13,228 shares. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued. Moreover, Johnson Counsel Inc has 0.05% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 21,334 shares.
The closing price represents the final price that a stock is traded for on a trading day. Phoenix Investment Adviser Llc who had been investing in Taseko Mines Ltd for a number of months, seems to be less bullish one the $501.35 million market cap company. When there are more buyers than sellers, the stock price will rise because of the increased demand. Following the transaction, the insider now directly owns 252,257 shares in the company, valued at approximately $20,662,370.87. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock. $2.61 million worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by ANDERSKOUV NIELS. The Firm operates through two divisions: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.