Cornerstone Investment Partners Increased Spirit Aerosystems Holdings (SPR) Position by $27.84 Million; Ferguson Wellman Capital Management Position in Texas Instruments (TXN) Has Trimmed by $25.57 Million as Stock Rose

January 14, 2018 - By Marie Mckinney

Ferguson Wellman Capital Management Inc decreased its stake in Texas Instruments (TXN) by 53.82% based on its latest 2017Q3 regulatory filing with the SEC. Ferguson Wellman Capital Management Inc sold 287,319 shares as the company’s stock rose 5.05% with the market. The institutional investor held 246,499 shares of the semiconductors company at the end of 2017Q3, valued at $22.10 million, down from 533,818 at the end of the previous reported quarter. Ferguson Wellman Capital Management Inc who had been investing in Texas Instruments for a number of months, seems to be less bullish one the $111.09 billion market cap company. The stock increased 1.85% or $2.05 during the last trading session, reaching $112.72. About 4.58M shares traded or 1.76% up from the average. Texas Instruments Incorporated (NASDAQ:TXN) has risen 40.31% since January 14, 2017 and is uptrending. It has outperformed by 23.61% the S&P500.

Cornerstone Investment Partners Llc increased its stake in Spirit Aerosystems Holdings (SPR) by 108.68% based on its latest 2017Q3 regulatory filing with the SEC. Cornerstone Investment Partners Llc bought 361,618 shares as the company’s stock declined 8.19% while stock markets rallied. The institutional investor held 694,356 shares of the capital goods company at the end of 2017Q3, valued at $53.97M, up from 332,738 at the end of the previous reported quarter. Cornerstone Investment Partners Llc who had been investing in Spirit Aerosystems Holdings for a number of months, seems to be bullish on the $11.16 billion market cap company. The stock increased 2.55% or $2.4 during the last trading session, reaching $96.55. About 812,299 shares traded. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has risen 15.24% since January 14, 2017 and is uptrending. It has underperformed by 1.46% the S&P500.

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.21, from 0.88 in 2017Q2. It increased, as 24 investors sold SPR shares while 116 reduced holdings. 70 funds opened positions while 82 raised stakes. 109.62 million shares or 4.49% less from 114.77 million shares in 2017Q2 were reported. Fiduciary Co invested 0.01% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Cwm Ltd Liability accumulated 260 shares or 0% of the stock. Lombard Odier Asset Management (Europe) Limited, a United Kingdom-based fund reported 3,203 shares. 9,043 were accumulated by Koch Industry. Martingale Asset Management Ltd Partnership holds 0.18% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) or 174,256 shares. Caxton Associates Limited Partnership owns 5,400 shares or 0.02% of their US portfolio. Teachers Retirement Systems Of The State Of Kentucky holds 0.13% or 144,500 shares in its portfolio. Bessemer Gru Inc stated it has 2,225 shares or 0% of all its holdings. Hutchin Hill Ltd Partnership invested in 10,900 shares or 0.03% of the stock. The California-based Whittier Company has invested 0.01% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Cumberland Ptnrs Ltd reported 0.51% stake. 86,039 were accumulated by Lmr Limited Liability Partnership. Engineers Gate Manager LP reported 8,513 shares or 0.06% of all its holdings. Etrade Capital Management Ltd Limited Liability Company accumulated 10,676 shares or 0.03% of the stock. Cibc Ww Mkts reported 6,921 shares stake.

Among 22 analysts covering Spirit Aerosystems (NYSE:SPR), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Spirit Aerosystems had 57 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, November 2, the company rating was maintained by Bernstein. The stock of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has “Overweight” rating given on Monday, August 7 by Morgan Stanley. The firm has “Hold” rating given on Monday, December 5 by Deutsche Bank. The firm has “Buy” rating given on Monday, January 8 by Jefferies. As per Monday, August 21, the company rating was maintained by UBS. On Tuesday, January 5 the stock rating was upgraded by Bernstein to “Outperform”. The stock of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) earned “Hold” rating by Wells Fargo on Thursday, November 2. The stock has “Buy” rating by Canaccord Genuity on Thursday, September 28. The firm earned “Sell” rating on Friday, January 29 by Goldman Sachs. RBC Capital Markets maintained the shares of SPR in report on Friday, November 10 with “Sell” rating.

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.02, from 1.1 in 2017Q2. It is positive, as 55 investors sold TXN shares while 333 reduced holdings. 104 funds opened positions while 332 raised stakes. 802.74 million shares or 3.16% more from 778.17 million shares in 2017Q2 were reported. Bailard has invested 0.03% in Texas Instruments Incorporated (NASDAQ:TXN). Next Financial Grp Inc holds 2,831 shares. Fruth invested in 39,351 shares or 1.62% of the stock. Amica Retiree Medical Trust, a Rhode Island-based fund reported 5,934 shares. Maryland-based Chevy Chase Trust Hldgs has invested 0.35% in Texas Instruments Incorporated (NASDAQ:TXN). Winfield Incorporated has invested 0.06% in Texas Instruments Incorporated (NASDAQ:TXN). Kentucky Retirement Sys accumulated 61,176 shares or 0.41% of the stock. Ahl Ptnrs Llp holds 87,881 shares or 0.14% of its portfolio. Culbertson A N And reported 16,568 shares. Thrivent For Lutherans, Minnesota-based fund reported 920,916 shares. Eagle Ridge Inv Management holds 0.12% or 7,988 shares. Segall Bryant & Hamill Ltd Liability Corporation stated it has 0.05% in Texas Instruments Incorporated (NASDAQ:TXN). Vantage Investment Advisors Ltd holds 245 shares. Janney Capital has invested 0.02% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Goldman Sachs Group Inc Inc Inc holds 0.18% or 8.27M shares in its portfolio.

Among 37 analysts covering Texas Instruments (NASDAQ:TXN), 17 have Buy rating, 2 Sell and 18 Hold. Therefore 46% are positive. Texas Instruments had 93 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, July 23 the stock rating was maintained by Cowen & Co with “Market Perform”. Jefferies maintained the shares of TXN in report on Friday, September 22 with “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $112.0 target in Wednesday, January 3 report. The rating was maintained by Mizuho on Thursday, October 27 with “Neutral”. The rating was maintained by B. Riley & Co on Wednesday, October 25 with “Neutral”. As per Wednesday, September 9, the company rating was initiated by Sterne Agee CRT. The rating was maintained by Bank of America on Wednesday, October 25 with “Buy”. Wedbush maintained the shares of TXN in report on Thursday, April 28 with “Outperform” rating. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, October 25. The stock has “Buy” rating by Oppenheimer on Thursday, July 20.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on January, 23. They expect $1.09 EPS, up 23.86% or $0.21 from last year’s $0.88 per share. TXN’s profit will be $1.07B for 25.85 P/E if the $1.09 EPS becomes a reality. After $1.26 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts -13.49% negative EPS growth.

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