Fisher Asset Management LLC raised its position in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 115.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,719,763 shares of the semiconductor provider’s stock after buying an additional 922,990 shares during the period. Fisher Asset Management LLC owned 0.68% of NXP Semiconductors NV worth $175,433,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. World Asset Management Inc raised its position in NXP Semiconductors NV by 0.6% in the second quarter. World Asset Management Inc now owns 3,361 shares of the semiconductor provider’s stock worth $263,000 after buying an additional 20 shares during the period. Dalton Greiner Hartman Maher & Co. raised its position in NXP Semiconductors NV by 1.0% in the second quarter. Dalton Greiner Hartman Maher & Co. now owns 4,078 shares of the semiconductor provider’s stock worth $319,000 after buying an additional 42 shares during the last quarter. Eqis Capital Management Inc. raised its position in NXP Semiconductors NV by 2.0% in the second quarter. Eqis Capital Management Inc. now owns 2,654 shares of the semiconductor provider’s stock worth $208,000 after buying an additional 51 shares during the last quarter. Coconut Grove Bank raised its position in NXP Semiconductors NV by 5.7% in the second quarter. Coconut Grove Bank now owns 1,474 shares of the semiconductor provider’s stock worth $115,000 after buying an additional 80 shares during the last quarter. Finally, Delaney Dennis R raised its position in NXP Semiconductors NV by 3.2% in the second quarter. Delaney Dennis R now owns 2,925 shares of the semiconductor provider’s stock worth $229,000 after buying an additional 90 shares during the last quarter. 87.31% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for NXP Semiconductors NV (NASDAQ:NXPI)

Shares of NXP Semiconductors NV (NASDAQ:NXPI) traded down 0.29% during midday trading on Monday, hitting $98.59. 2,814,052 shares of the stock were exchanged. The firm has a market cap of $24.82 billion, a PE ratio of 48.76 and a beta of 1.49. NXP Semiconductors NV has a 52-week low of $61.61 and a 52-week high of $107.54. The firm’s 50-day moving average is $100.34 and its 200 day moving average is $89.17.

NXP Semiconductors NV (NASDAQ:NXPI) last released its earnings results on Wednesday, October 26th. The semiconductor provider reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.34. The company earned $2.47 billion during the quarter, compared to analyst estimates of $3.08 million. NXP Semiconductors NV had a net margin of 7.53% and a return on equity of 11.56%. The firm’s quarterly revenue was up 62.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.57 EPS. On average, analysts forecast that NXP Semiconductors NV will post ($0.19) earnings per share for the current year.

NXPI has been the topic of a number of recent analyst reports. Morgan Stanley lowered shares of NXP Semiconductors NV from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $109.00 to $110.00 in a research report on Friday, October 28th. Needham & Company LLC dropped their price target on shares of NXP Semiconductors NV from $110.00 to $47.00 in a research report on Friday, October 28th. Canaccord Genuity reissued a “buy” rating and set a $120.00 price target on shares of NXP Semiconductors NV in a research report on Saturday, October 15th. TheStreet raised shares of NXP Semiconductors NV from a “hold” rating to a “buy” rating in a research report on Monday, August 15th. Finally, Nomura reaffirmed a “buy” rating and issued a $95.00 price objective on shares of NXP Semiconductors NV in a research report on Wednesday, September 14th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $105.39.

About NXP Semiconductors NV

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company’s segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.

5 Day Chart for NASDAQ:NXPI

Receive News & Stock Ratings for NXP Semiconductors NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors NV and related stocks with our FREE daily email newsletter.