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.

A number of research analysts have recently issued reports on NXPI shares. SunTrust Banks raised their price objective on NXP Semiconductors to $99.00 and gave the company a “buy” rating in a research note on Friday, November 2nd. They noted that the move was a valuation call. Needham & Company LLC reduced their price objective on NXP Semiconductors to $100.00 and set a “buy” rating on the stock in a research note on Friday, October 26th. Credit Suisse Group reaffirmed a “buy” rating and set a $125.00 price objective on shares of NXP Semiconductors in a research note on Monday, December 3rd. Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating in a research note on Thursday, October 18th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised NXP Semiconductors from a “hold” rating to a “buy” rating and set a $81.00 price objective on the stock in a research note on Wednesday, January 2nd. Four analysts have rated the stock with a sell rating, eight have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. NXP Semiconductors currently has an average rating of “Hold” and an average target price of $99.07.

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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

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

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