Pennsylvania Trust Co decreased its position in NXP Semiconductors NV (NASDAQ:NXPI) by 4.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,186 shares of the semiconductor provider’s stock after selling 2,070 shares during the period. Pennsylvania Trust Co’s holdings in NXP Semiconductors NV were worth $4,099,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the company. Blackstone Group L.P. bought a new stake in NXP Semiconductors NV during the second quarter worth approximately $868,922,000. Jennison Associates LLC boosted its stake in NXP Semiconductors NV by 15.5% in the second quarter. Jennison Associates LLC now owns 9,469,774 shares of the semiconductor provider’s stock worth $741,862,000 after buying an additional 1,274,155 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in NXP Semiconductors NV by 114.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 4,419,243 shares of the semiconductor provider’s stock worth $346,203,000 after buying an additional 2,357,105 shares in the last quarter. William Blair Investment Management LLC boosted its stake in NXP Semiconductors NV by 2.9% in the second quarter. William Blair Investment Management LLC now owns 3,332,298 shares of the semiconductor provider’s stock worth $261,052,000 after buying an additional 94,968 shares in the last quarter. Finally, BlackRock Fund Advisors boosted its stake in NXP Semiconductors NV by 106.6% in the second quarter. BlackRock Fund Advisors now owns 3,300,277 shares of the semiconductor provider’s stock worth $258,544,000 after buying an additional 1,702,554 shares in the last quarter. Hedge funds and other 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 0.21% on Tuesday, reaching $98.85. The company had a trading volume of 2,853,539 shares. NXP Semiconductors NV has a 12 month low of $61.61 and a 12 month high of $107.54. The firm has a market capitalization of $24.89 billion, a PE ratio of 48.89 and a beta of 1.49. The company’s 50-day moving average is $99.73 and its 200 day moving average is $89.77.

NXP Semiconductors NV (NASDAQ:NXPI) last announced its earnings results on Wednesday, October 26th. The semiconductor provider reported $0.26 earnings per share for the quarter, beating the 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 the consensus estimate of $3.08 million. During the same quarter in the prior year, the company earned $1.57 EPS. The firm’s revenue for the quarter was up 62.2% compared to the same quarter last year. Equities analysts forecast that NXP Semiconductors NV will post ($0.19) earnings per share for the current year.

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NXPI has been the subject of a number of recent research reports. Drexel Hamilton cut NXP Semiconductors NV from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $115.00 to $110.00 in a research report on Thursday, October 27th. SunTrust Banks Inc. restated a “buy” rating on shares of NXP Semiconductors NV in a report on Saturday, October 1st. AlphaValue cut NXP Semiconductors NV to a “buy” rating in a report on Friday, September 30th. BMO Capital Markets cut NXP Semiconductors NV from an “outperform” rating to a “market perform” rating in a report on Friday, October 28th. Finally, Sanford C. Bernstein set a $110.00 price target on NXP Semiconductors NV and gave the company a “buy” rating in a report on Thursday, October 13th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $105.39.

NXP Semiconductors NV Company Profile

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

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