W.G. Shaheen & Associates DBA Whitney & Co raised its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 10.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,390 shares of the semiconductor provider’s stock after buying an additional 2,910 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in NXP Semiconductors NV were worth $3,100,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of NXPI. Strs Ohio increased its stake in NXP Semiconductors NV by 36.2% in the second quarter. Strs Ohio now owns 342,348 shares of the semiconductor provider’s stock valued at $26,819,000 after buying an additional 90,900 shares during the period. Northeast Investment Management increased its stake in NXP Semiconductors NV by 0.8% in the second quarter. Northeast Investment Management now owns 179,236 shares of the semiconductor provider’s stock valued at $14,041,000 after buying an additional 1,335 shares during the period. Atlantic Trust Group LLC increased its stake in NXP Semiconductors NV by 1.3% in the second quarter. Atlantic Trust Group LLC now owns 208,712 shares of the semiconductor provider’s stock valued at $16,351,000 after buying an additional 2,723 shares during the period. Calamos Advisors LLC increased its stake in NXP Semiconductors NV by 685.1% in the second quarter. Calamos Advisors LLC now owns 416,080 shares of the semiconductor provider’s stock valued at $32,596,000 after buying an additional 363,080 shares during the period. Finally, Fisher Asset Management LLC increased its stake in NXP Semiconductors NV by 115.8% in the third quarter. Fisher Asset Management LLC now owns 1,719,763 shares of the semiconductor provider’s stock valued at $175,433,000 after buying an additional 922,990 shares during the period. Institutional investors own 84.10% of the company’s stock.

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

Shares of NXP Semiconductors NV (NASDAQ:NXPI) traded down 0.45% on Monday, reaching $99.06. The company’s stock had a trading volume of 4,654,674 shares. The company has a market cap of $24.94 billion, a P/E ratio of 48.99 and a beta of 1.49. NXP Semiconductors NV has a 12-month low of $61.61 and a 12-month high of $107.54. The company’s 50 day moving average price is $99.75 and its 200 day moving average price is $89.71.

NXP Semiconductors NV (NASDAQ:NXPI) last issued its quarterly 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. NXP Semiconductors NV had a return on equity of 11.56% and a net margin of 7.53%. The firm earned $2.47 billion during the quarter, compared to analyst estimates of $3.08 million. During the same quarter in the previous year, the company posted $1.57 earnings per share. The company’s revenue was up 62.2% compared to the same quarter last year. Analysts forecast that NXP Semiconductors NV will post ($0.19) EPS for the current fiscal year.

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Several analysts recently issued reports on the company. SunTrust Banks Inc. restated a “buy” rating on shares of NXP Semiconductors NV in a research note on Saturday, October 1st. Mizuho cut their target price on NXP Semiconductors NV from $120.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, October 27th. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $110.00 target price (up from $100.00) on shares of NXP Semiconductors NV in a research report on Thursday, October 27th. Morgan Stanley reiterated an “overweight” rating and set a $115.00 target price on shares of NXP Semiconductors NV in a research report on Monday, October 31st. Finally, Vetr downgraded NXP Semiconductors NV from a “strong-buy” rating to a “buy” rating and set a $107.50 target price for the company. in a research report on Thursday, September 29th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus 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.

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