Oppenheimer Asset Management Inc. purchased a new position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) during the first quarter, according to its most recent filing with the SEC. The institutional investor purchased 4,876 shares of the semiconductor provider’s stock, valued at approximately $505,000.

A number of other hedge funds have also recently made changes to their positions in the company. NF Trinity Capital Hong Kong Ltd raised its position in shares of NXP Semiconductors N.V. by 135.5% in the first quarter. NF Trinity Capital Hong Kong Ltd now owns 150,000 shares of the semiconductor provider’s stock worth $170,000 after buying an additional 86,296 shares during the period. Welch & Forbes LLC acquired a new position in shares of NXP Semiconductors N.V. during the first quarter valued at about $204,000. Boston Family Office LLC acquired a new position in shares of NXP Semiconductors N.V. during the first quarter valued at about $207,000. AQR Capital Management LLC purchased a new position in NXP Semiconductors N.V. during the fourth quarter valued at about $210,000. Finally, Assetmark Inc. raised its position in NXP Semiconductors N.V. by 3.3% in the first quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock valued at $213,000 after buying an additional 66 shares in the last quarter. 76.81% of the stock is owned by institutional investors and hedge funds.

Shares of NXP Semiconductors N.V. (NXPI) traded up 0.17% during midday trading on Friday, hitting $109.40. 1,781,973 shares of the stock were exchanged. The stock’s 50-day moving average price is $108.65 and its 200 day moving average price is $103.46. NXP Semiconductors N.V. has a one year low of $79.50 and a one year high of $109.98. The stock has a market cap of $37.85 billion, a P/E ratio of 38.25 and a beta of 0.90.

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Several equities analysts have issued reports on NXPI shares. Zacks Investment Research raised shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $119.00 price target on the stock in a report on Tuesday, May 9th. Nomura downgraded 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 downgraded 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. Instinet cut shares of NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a report on Monday, May 15th. Finally, Mizuho reissued a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V. in a research note on Wednesday, May 31st. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $108.58.

NXP Semiconductors N.V. Company Profile

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.

Institutional Ownership by Quarter for NXP Semiconductors N.V. (NASDAQ:NXPI)

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