Texas Instruments (NASDAQ:TXN).
Thomaspartners, Inc. says it bought 56,710 shares last quarter increasing its stake in Texas Instruments (TXN) by 1.6%. Its position stood at $322,292,000 an increase of $50,061,000 as of the end of the quarter.
These firms have modified their investment in TXN. Raymond James & Associates grew its ownership by buying 1,030,347 shares an increase of 3,615.3% in the quarter. Raymond James & Associates claims 1,058,847 shares with a value of $94,915,000. The total value of its holdings increased 4,745,650.0%. Bowen Hanes & Co Inc augmented its position by buying 16,735 shares an increase of 3.3%. Bowen Hanes & Co Inc now holds 529,433 shares valued at $47,458,000. The value of the position overall is up by 20.3%.
Baird Financial Group, Inc. added to its investment by buying 1,811 shares an increase of 1.6% from 06/30/2017 to 09/30/2017. Baird Financial Group, Inc. now controls 117,869 shares worth $10,566,000. The value of the position overall is up by 18.3%.
On October 25 Stifel Nicolaus kept the company rating at “Hold” targeting a price of $98.00. October 25 investment analysts at BMO Capital Markets maintained a company rating of “Buy” projecting a price of $105.00.
Equity analyst Nomura raised the price target of the stock on October 25 changing the forecast from $80.00 to $90.00 with a “Neutral” recommendation. October 25 investment analysts at Credit Suisse Group left the stock rating at “Outperform” with a current price target of $110.00.
On October 25 Drexel Hamilton maintained a stock rating of “Buy” targeting a price of $110.00. Bank of America Corporation raised the price target on October 25 boosting the projection from $100.00 to $115.00 with a rating of “Buy”.
In the market the company is trading up by 0.36% percent from yesterday’s close. The most current P/E ratio is 22.16 and the market value is 95.90B. In the latest earnings report the EPS was $4.39 with 985.56M shares currently outstanding.
Short traders are feeling a little more bullish on Texas Instruments of late as inferred by the downtick in short interest. The stock experienced a fall in short interest of -1.75% between September 29, 2017 and October 13, 2017. Short shares fell from 11,924,432 to 11,715,624 over that timeframe. The short-interest ratio increased to 4.0 and the short interest percentage is 0.01% as of October 13.