Published: Mon, February 12, 2018
Business | By Max Garcia

Riley Reaffirms "Neutral" Rating for Texas Instruments (NASDAQ:TXN)


Indexiq Advisors Llc who had been investing in Office Depot Inc for a number of months, seems to be bullish on the $1.60B market cap company. The stock trades on a P/S of 2.14, which suggests that the shares are attractive compared with peers. The shares recently went down by -4.24% or -$4.32 and now trades at $97.66.

Texas Instruments Incorporated (TXN) reported loss change of -3.67% in last trading session. It has outperformed by 23.61% the S&P500.

Bnp Paribas Arbitrage Sa decreased its stake in Gogo Inc (Put) (GOGO) by 99.02% based on its latest 2017Q3 regulatory filing with the SEC. Peregrine Asset Advisers Inc bought 53,768 shares as the company's stock rose 4.75% with the market. The institutional investor held 71 shares of the telecommunications equipment company at the end of 2017Q3, valued at $1.95M, down from 7,276 at the end of the previous reported quarter. Laffer Investments who had been investing in Texas Instrs Inc for a number of months, seems to be bullish on the $98.80 billion market cap company. About 1.56 million shares traded or 59.58% up from the average. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since February 10, 2017 and is uptrending. It has outperformed by 22.05% the S&P500. Fifteen equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. Therefore 48% are positive. Zacks Investment Research raised Texas Instruments from a "hold" rating to a "buy" rating and set a $92.00 price target for the company in a research report on Thursday, July 27th. $11.43M worth of stock was sold by Whitaker Darla H on Thursday, October 26. The firm earned "Hold" rating on Thursday, January 18 by Stifel Nicolaus. Jefferies has "Buy" rating and $96.0 target. As per Wednesday, January 24, the company rating was maintained by Citigroup. Capital International Investors now owns 14,794,402 shares of the semiconductor company's stock worth $1,326,170,000 after acquiring an additional 435,938 shares during the period. Tradewinds Capital Management LLC boosted its position in Texas Instruments by 0.4% during the 1st quarter.

Several large investors have recently added to or reduced their stakes in TXN. Freestone Capital Holdings LLC raised its stake in shares of Texas Instruments by 4.5% during the 2nd quarter.

PPG Industries, Inc. (NYSE:PPG) price per shares fell down to knees -3.36% to $110.30 with volume of 2.1 Million. Veritable LP invested in 13,581 shares or 0.01% of the stock. Natl Bank Of Nova Scotia Tru has invested 0.02% in Texas Instruments Incorporated (NASDAQ:TXN). Cubist Systematic Strategies Ltd Liability Company reported 0.16% in Texas Instruments Incorporated (NASDAQ:TXN). Shoker Invest Counsel holds 9,453 shares or 0.64% of its portfolio. Richard Bernstein Ltd Liability Company invested in 61,362 shares or 0.38% of the stock. Alley Communication Lc reported 54,758 shares. It also increased its holding in Bank N S Halifax (NYSE:BNS) by 5,397 shares in the quarter, for a total of 13,328 shares, and has risen its stake in Pfizer Inc (NYSE:PFE). State Board Of Administration Of Florida Retirement has 0.36% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 1.46M shares. During the same period last year, the firm posted $0.91 earnings per share. analysts anticipate that Texas Instruments Incorporated will post 4.97 EPS for the current fiscal year. Finally, Drexel Hamilton restated a "buy" rating and issued a $110.00 price objective (up previously from $95.00) on shares of Texas Instruments in a report on Wednesday, October 25th. Stoneridge Limited Liability Corporation stated it has 0.04% in Texas Instruments Incorporated (NASDAQ:TXN).

Since August 14, 2017, it had 0 insider buys, and 30 insider sales for $210.88 million activity. Moreover, Fortaleza Asset Mgmt Incorporated has 1.16% invested in Texas Instruments Incorporated (NASDAQ:TXN). RITCHIE KEVIN J sold $8.63M worth of stock. Barker Ellen had sold 3,516 shares worth $387,722. Shares for $29.68 million were sold by CRUTCHER BRIAN T. Also, insider Haren Julie Van sold 19,125 shares of the business's stock in a transaction that occurred on Tuesday, February 6th. Plante Moran Advisors owns 5,256 shares.

Investors sentiment increased to 0.83 in Q3 2017. Its down 0.16, from 0.91 in 2017Q2. Janus Henderson Group PLC raised its position in Texas Instruments by 16.5% in the 3rd quarter.

Conning Inc, which manages about $80.03B and $2.94 billion US Long portfolio, decreased its stake in Alphabet Inc by 360 shares to 7,906 shares, valued at $7.58M in 2017Q3, according to the filing. (NASDAQ:GOGO) for 2,250 shares. (NASDAQ:NFLX). Cetera Advsr Lc has 8,638 shares for 0.09% of their portfolio. It also increased its holding in Walgreens Boots Alliance Inc Com by 31,100 shares in the quarter, for a total of 82,686 shares, and has risen its stake in General Electric Co Com (NYSE:GE). Barclays Pcl accumulated 477,055 shares. Lenox Wealth Advisors stated it has 0% in Gogo Inc. TNB Financial boosted its position in Texas Instruments by 0.5% during the 2nd quarter. (NASDAQ:GOGO). Frontier Mngmt Ltd holds 0.13% of its portfolio in Gogo Inc. Qcm Cayman Ltd invested in 0.74% or 1,884 shares. Manufacturers Life Ins Com The has invested 0% of its portfolio in Gogo Inc. (NASDAQ:AAPL). The Ohio-based Cleararc Inc has invested 3.17% in Apple Inc.

Capital Fund Management Sa increased Ulta Beauty Inc (NASDAQ:ULTA) stake by 249,679 shares to 304,779 valued at $68.90 million in 2017Q3. Cambridge Investment Research Advisors Inc., a Iowa-based fund reported 49,145 shares. Riggs Asset Managment holds 1,079 shares or 0.04% of its portfolio. Usa Fin Portformulas holds 142,138 shares. 2 analysts say it's a Hold while 1 analysts provided their expert opinion as Sell. Therefore 50% are positive. Omnicom had 43 analyst reports since July 23, 2015 according to SRatingsIntel. As per Tuesday, August 22, the company rating was maintained by Credit Suisse. Standpoint Research downgraded Gogo Inc. The firm has "Buy" rating given on Thursday, February 1 by RBC Capital Markets. The firm has "Buy" rating given on Monday, September 28 by Global Hunter Securities. (NASDAQ:BIOS) rating on Tuesday, July 25. Investors of record on Wednesday, January 31st will be given a $0.62 dividend. The firm has "Outperform" rating given on Tuesday, December 15 by Oppenheimer. On Tuesday, November 21 the stock rating was maintained by KeyBanc Capital Markets with "Hold".

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