Texas Instruments (TXN) Getting Somewhat Favorable News Coverage, Accern Reports
Headlines about Texas Instruments (NASDAQ:TXN) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Texas Instruments earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 46.6046381377375 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- New university robotics kit and curriculum from TI prepare future engineers for systems-level design (finance.yahoo.com)
- Investors Alert on Texas Instruments Incorporated (TXN) – Wall Street Morning (wallstreetmorning.com)
- Texas Instruments: Dividend Increased Over 500% In Past Ten Years – Seeking Alpha (seekingalpha.com)
- Taiwan Semiconductor Mfg. (TSM) vs. Texas Instruments (TXN) Critical Analysis (americanbankingnews.com)
- Highly integrated, wide voltage input synchronous converters feature industry-leading EMI and thermal performance (finance.yahoo.com)
Shares of Texas Instruments (NASDAQ:TXN) traded down $0.96 during midday trading on Tuesday, reaching $100.98. The company’s stock had a trading volume of 5,060,000 shares, compared to its average volume of 7,360,000. Texas Instruments has a fifty-two week low of $74.93 and a fifty-two week high of $120.75. The firm has a market capitalization of $99,520.00, a P/E ratio of 28.05, a PEG ratio of 2.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.00 and a current ratio of 3.87.
The company also recently disclosed a quarterly dividend, which was paid on Monday, February 12th. Stockholders of record on Wednesday, January 31st were paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.46%. The ex-dividend date was Tuesday, January 30th. Texas Instruments’s payout ratio is 68.89%.
Several equities analysts have recently commented on the company. Sanford C. Bernstein set a $125.00 price target on Texas Instruments and gave the company a “buy” rating in a research note on Wednesday, January 24th. B. Riley restated a “neutral” rating and set a $110.00 price target (up previously from $97.00) on shares of Texas Instruments in a research note on Wednesday, January 24th. Nomura raised their price target on Texas Instruments from $90.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, January 24th. Morgan Stanley raised their price target on Texas Instruments from $92.00 to $101.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 24th. Finally, Mizuho restated a “buy” rating and set a $107.00 price target (up previously from $96.00) on shares of Texas Instruments in a research note on Tuesday, January 23rd. Fifteen investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. Texas Instruments presently has an average rating of “Buy” and a consensus price target of $109.65.
In related news, insider Bing Xie sold 15,877 shares of Texas Instruments stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $109.21, for a total transaction of $1,733,927.17. Following the completion of the transaction, the insider now directly owns 63,048 shares in the company, valued at $6,885,472.08. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Richard K. Templeton sold 43,935 shares of Texas Instruments stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $109.44, for a total value of $4,808,246.40. Following the transaction, the chairman now owns 798,812 shares of the company’s stock, valued at $87,421,985.28. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 707,677 shares of company stock valued at $78,161,034. Company insiders own 0.96% of the company’s stock.
Texas Instruments Company Profile
Texas Instruments Incorporated 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.
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