Shares are trading at $86.81 which is marginally higher than $82.00, the 50 day moving average and which is a tad above the 200 day moving average of $80.72. The 50 day moving average was up $4.81 or +5.87% whereas the 200 day moving average was up $6.09 or +7.55%. Texas Instruments Incorporated shares had a trading volume of 4,002K in the last trading session. Trading volume was down 11.22% under the stocks average daily volume.
Traders are a little more bearish on the company lately as indicated by the motion in short interest. The stock had a rise in short interest between August 15, 2017 and August 31, 2017 of 9.03%. Short shares grew 872,891 over that period. With short interest at 10,540,153 and short average daily volume at 3,742,252, the short-interest ratio is 3.0 and the short interest percentage is 0.01% as of August 31.
These firms have modified their investment in TXN. Perigon Wealth Management, LLC augmented its ownership by buying 647 shares an increase of 43.9% in the quarter. Perigon Wealth Management, LLC now controls 2,122 shares with a value of $163,000. The total value of its holdings increased 37.0%. Cantab Capital Partners Llp trimmed its investment by selling 1,613 shares a decrease of 10.7% as of 06/30/2017. Cantab Capital Partners Llp controls 13,498 shares valued at $1,038,000,000. The value of the position overall is up by 85,191.7%.
As of quarter end Exane Derivatives had bought a total of 401 shares growing its stake by 9.3%. The value in dollars went from $345,000 to $360,888,000 increasing 104,505.2% quarter over quarter. As of the end of the quarter Koshinski Asset Management, Inc. had acquired 813 shares growing its position 25.6%. The value of the investment in (TXN) increased from $255,000 to $306,951,000 a change of 120,272.9% for the reporting period.
July 26 investment analysts at Citigroup kept the stock rating at “Buy” but moved up the price target to $97.00 from $62.00. On July 18 Barclays made no change to the stock rating of “Equal-Weight” and raised the price expectation from $56.00 to $83.00.
The company is so far trading unchanged by %% since yesterday’s close of 86.81. The company recently announced a dividend that was paid on Monday the 14th of August 2017. The dividend payment was $0.500 per share for the quarter or $2.00 annualized. The dividend yield was $2.36. The ex-dividend date was Thursday the 27th of July 2017.
Texas Instruments Incorporated’s P/E ratio is 21.71 and the market value is 85.95B. In the latest earnings report the EPS was $4.00 and is expected to be $4.13 for the current year with 990,038,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $1.00 and the next full year EPS is anticipated to be $4.30.
Texas Instruments Incorporated, launched on December 23, 1938, designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries..