Whittier Trust Co. of Nevada Inc. increased its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 4.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,468 shares of the semiconductor provider’s stock after buying an additional 1,453 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in NXP Semiconductors N.V. were worth $3,773,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of NXPI. Aberdeen Asset Management PLC UK increased its stake in NXP Semiconductors N.V. by 0.5% in the first quarter. Aberdeen Asset Management PLC UK now owns 993,311 shares of the semiconductor provider’s stock worth $102,808,000 after buying an additional 4,467 shares during the period. Hudson Bay Capital Management LP increased its stake in NXP Semiconductors N.V. by 276.7% in the fourth quarter. Hudson Bay Capital Management LP now owns 470,839 shares of the semiconductor provider’s stock worth $46,147,000 after buying an additional 345,839 shares during the period. Proxima Capital Management LLC bought a new stake in NXP Semiconductors N.V. during the first quarter worth about $2,588,000. Vident Investment Advisory LLC bought a new stake in NXP Semiconductors N.V. during the first quarter worth about $327,000. Finally, Raymond James Financial Services Advisors Inc. raised its position in NXP Semiconductors N.V. by 44.4% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 173,296 shares of the semiconductor provider’s stock worth $17,936,000 after buying an additional 53,286 shares during the period. Institutional investors and hedge funds own 75.97% of the company’s stock.
NXP Semiconductors N.V. (NXPI) opened at 112.96 on Tuesday. The company has a market cap of $28.44 billion, a PE ratio of 20.08 and a beta of 0.89. NXP Semiconductors N.V. has a 52 week low of $80.13 and a 52 week high of $113.20. The company has a 50-day moving average of $109.54 and a 200-day moving average of $105.36.
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A number of equities analysts have recently commented on NXPI shares. Zacks Investment Research upgraded shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $119.00 price objective for the company in a research report on Tuesday, May 9th. BMO Capital Markets restated a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a research report on Friday, July 21st. Nomura lowered shares of NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research report on Monday, May 8th. Deutsche Bank AG lowered shares of NXP Semiconductors N.V. from a “buy” rating to a “hold” rating and set a $110.00 target price for the company. in a research report on Monday, June 19th. Finally, BidaskClub lowered shares of NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. NXP Semiconductors N.V. presently has an average rating of “Hold” and an average target price of $110.97.
About NXP Semiconductors N.V.
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.
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