NXP Semiconductors NV (NXPI) Shares Sold by Levin Capital Strategies L.P.
Levin Capital Strategies L.P. lessened its position in NXP Semiconductors NV (NASDAQ:NXPI) by 34.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,878 shares of the semiconductor provider’s stock after selling 37,349 shares during the quarter. Levin Capital Strategies L.P.’s holdings in NXP Semiconductors were worth $5,121,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Personal Financial Services increased its stake in NXP Semiconductors by 356.0% in the fourth quarter. First Personal Financial Services now owns 342 shares of the semiconductor provider’s stock valued at $25,000 after acquiring an additional 267 shares during the last quarter. Legacy Bridge LLC bought a new position in NXP Semiconductors in the fourth quarter valued at $26,000. Intercontinental Wealth Advisors LLC bought a new position in NXP Semiconductors in the fourth quarter valued at $29,000. Highwater Wealth Management LLC bought a new position in shares of NXP Semiconductors during the fourth quarter valued at about $36,000. Finally, Cerebellum GP LLC bought a new position in shares of NXP Semiconductors during the fourth quarter valued at about $36,000. 75.47% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ NXPI opened at $87.88 on Monday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $30.07 billion, a P/E ratio of 14.79, a price-to-earnings-growth ratio of 0.98 and a beta of 1.16. NXP Semiconductors NV has a 1 year low of $67.62 and a 1 year high of $125.93.
COPYRIGHT VIOLATION WARNING: This report was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2019/02/11/nxp-semiconductors-nv-nxpi-shares-sold-by-levin-capital-strategies-l-p.html.
NXP Semiconductors Profile
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
Further Reading: NASDAQ
Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors NV (NASDAQ:NXPI).
Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.