Published: Thu, April 27, 2017
Economy | By Melissa Porter

Sticks to Its Hold Rating for Texas Instruments

Several other hedge funds have also added to or reduced their stakes in the stock. Capital Analysts LLC boosted its position in Texas Instruments by 9.1% in the fourth quarter. The stock established a positive trend of 2.53% in last week and indicated fall of -1.09% in previous month. Over the past five trading sessions it is 3.45%; 2.2% for the month; 7.53% for the last quarter; 19.32% for the past six-months; and 43.13% for the last 12 months.

First National Trust Co increased Capital One Finl Corp (COF) stake by 16.59% reported in 2016Q4 SEC filing. TN increased its position in shares of Texas Instruments by 304.9% in the first quarter. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has "Buy" rating given on Wednesday, September 9 by Sterne Agee CRT.

Delcath Systems, Inc. (NASDAQ:DCTH) is another stock that is grabbing investors attention these days. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of 2.94%. The firm has a market capitalization of $82.86 billion, a PE ratio of 23.83 and a beta of 1.24. The last close places the company's stock about $0.08 off its 52 week high of $82.44 and $26.17 above the 52 week low of $56.19. Texas Instruments also was the target of unusually large options trading activity on Monday. Investors acquired 12,914 call options on the company. This is an increase of approximately 471% compared to the average daily volume of 2,263 call options.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Tuesday, January 24th. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 6.1%. The Return on Investment (ROI) is at 24.6% while it's Return on Equity (ROE) value stands at 35.1%. According to these analysts, the Low Revenue Estimate for Texas Instruments 3.22 Billion and the High Revenue Estimate is 3.41 Billion. During the same period a year ago, the firm earned $0.65 EPS. During the same quarter past year, the company earned $0.71 EPS.

Beat earnings estimates. The company posted earnings of $0.89 per share (excluding $0.08 from non-recurring items), topping the Zacks Consensus Estimate of $0.83 per share.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.43%. Texas Instruments's payout ratio is now 59.35%.

ILLEGAL ACTIVITY NOTICE: "Wealthfront Inc". ANDERSKOUV NIELS also sold $3.18 million worth of Texas Instruments Incorporated (NASDAQ:TXN) shares. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of US and global copyright & trademark law. The correct version of this report can be read at

TXN has been the topic of a number of recent analyst reports. Bank of America Corp reaffirmed a "buy" rating and set a $92.00 price objective on shares of Texas Instruments in a research report on Tuesday, March 14th. Loop Capital Initiates Coverage On Texas Instruments Inc.

Akorn, Inc. (NASDAQ:AKRX) stock price declined -0.27% to finalize at $32.91 throughout previous buying and selling session. Mizuho lifted their price objective on Texas Instruments from $68.00 to $75.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 25th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. The consensus rating is 2, indicating analysts in general look favorably on the company's future prospects. ANDERSON STEPHEN A. sold $3.47M worth of stock. There may be various price targets for a stock. BlackRock Group LTD now owns 10,320,870 shares of the semiconductor company's stock worth $724,319,000 after buying an additional 268,110 shares in the last quarter.

In other Texas Instruments news, SVP Cynthia Hoff Trochu sold 5,667 shares of Texas Instruments stock in a transaction dated Tuesday, January 31st. Goldman Sachs downgraded Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, February 3 to "Sell" rating. Insiders have sold 959,393 shares of company stock valued at $74,927,396 in the last quarter.

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