Virginia Retirement Systems Et Al Has Lowered Its Stake in Texas Instrs INC (TXN) by $4.36 Million as Share Value Were Volatile

May 19, 2017 - By Kurt Siggers

Virginia Retirement Systems Et Al decreased its stake in Texas Instrs Inc (TXN) by 10.1% based on its latest 2016Q4 regulatory filing with the SEC. Virginia Retirement Systems Et Al sold 60,600 shares as the company’s stock 0.00% . The institutional investor held 539,300 shares of the semiconductors company at the end of 2016Q4, valued at $39.35 million, down from 599,900 at the end of the previous reported quarter. Virginia Retirement Systems Et Al who had been investing in Texas Instrs Inc for a number of months, seems to be less bullish one the $80.98 billion market cap company. The stock rose 1.87% or $1.48 reaching $80.71. About 4.81M shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Virginia Retirement Systems Et Al, which manages about $7.18 billion US Long portfolio, upped its stake in Huntington Ingalls Inds Inc (NYSE:HII) by 41,000 shares to 46,700 shares, valued at $8.60 million in 2016Q4, according to the filing. It also increased its holding in Netflix Inc (NASDAQ:NFLX) by 80,600 shares in the quarter, for a total of 129,800 shares, and has risen its stake in Ddr Corp (NYSE:DDR).

Investors sentiment increased to 0.95 in Q4 2016. Its up 0.01, from 0.94 in 2016Q3. It increased, as 46 investors sold TXN shares while 347 reduced holdings. 94 funds opened positions while 278 raised stakes. 824.05 million shares or 1.27% less from 834.61 million shares in 2016Q3 were reported. Tiaa Cref Inv Mngmt Lc holds 0.22% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 4.05M shares. Fiduciary Tru accumulated 0.03% or 13,752 shares. Tompkins reported 5,347 shares. 163,050 are owned by Sg Americas Ltd Limited Liability Company. Suntrust Banks Inc holds 0.21% or 484,929 shares. Bluemountain Lc invested in 0.04% or 30,025 shares. Wetherby Asset Mngmt Inc reported 0.34% stake. Nationwide Fund reported 701,273 shares. Nuveen Asset Management Limited Liability reported 106,600 shares. Quantitative Invest Lc reported 84,900 shares. 526 were accumulated by Benjamin F Edwards & Company. Oregon Public Employees Retirement Fund holds 0.73% or 482,579 shares. Strs Ohio holds 0.19% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 599,602 shares. Clearbridge Investments Ltd Co stated it has 0.69% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Private Trust Na holds 0.07% or 4,063 shares in its portfolio.

Since November 15, 2016, it had 0 buys, and 24 insider sales for $119.81 million activity. CRUTCHER BRIAN T sold $9.89 million worth of Texas Instruments Incorporated (NASDAQ:TXN) on Thursday, January 26. On Tuesday, January 31 ANDERSON STEPHEN A. sold $3.47 million worth of Texas Instruments Incorporated (NASDAQ:TXN) or 45,834 shares. 41,667 shares were sold by ANDERSKOUV NIELS, worth $3.18M. On Tuesday, January 31 the insider MARCH KEVIN P sold $2.33 million. CARP DANIEL A had sold 21,000 shares worth $1.66 million. $3.61 million worth of Texas Instruments Incorporated (NASDAQ:TXN) shares were sold by Ilan Haviv. $5.72 million worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by TEMPLETON RICHARD K.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on July, 24. They expect $0.95 EPS, up 25.00 % or $0.19 from last year’s $0.76 per share. TXN’s profit will be $953.18 million for 21.24 P/E if the $0.95 EPS becomes a reality. After $0.89 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 6.74 % EPS growth.

More recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Seekingalpha.com which released: “Texas Instruments Incorporated (TXN) Q1 2017 Results – Earnings Call Transcript” on April 26, 2017. Also Nasdaq.com published the news titled: “Texas Instruments Incorporated (TXN) Ex-Dividend Date Scheduled for April 27, 2017” on April 26, 2017. Prnewswire.com‘s news article titled: “Texas Instruments prices $600 million of investment grade notes” with publication date: April 27, 2017 was also an interesting one.

Texas Instruments Incorporated (NASDAQ:TXN) Ratings Coverage

Among 25 analysts covering Texas Instruments (NASDAQ:TXN), 14 have Buy rating, 2 Sell and 9 Hold. Therefore 56% are positive. Texas Instruments had 50 analyst reports since July 24, 2015 according to SRatingsIntel. FBR Capital maintained Texas Instruments Incorporated (NASDAQ:TXN) on Thursday, October 22 with “Mkt Perform” rating. The firm has “Neutral” rating given on Thursday, October 22 by B. Riley & Co. Susquehanna initiated the stock with “Positive” rating in Wednesday, December 21 report. As per Friday, December 18, the company rating was downgraded by Bernstein. The stock has “Outperform” rating by Raymond James on Tuesday, April 19. As per Thursday, October 22, the company rating was upgraded by Charter Equity. The stock has “Buy” rating by Bank of America on Tuesday, July 26. Sterne Agee CRT initiated the shares of TXN in report on Wednesday, September 9 with “Buy” rating. Drexel Hamilton maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Wednesday, January 25. Drexel Hamilton has “Buy” rating and $93 target. Robert W. Baird downgraded the shares of TXN in report on Thursday, October 22 to “Neutral” rating.

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