Crossmark Global Holdings Inc. Acquires New Stake in NXP Semiconductors NV (NXPI)
Crossmark Global Holdings Inc. acquired a new stake in shares of NXP Semiconductors NV (NASDAQ:NXPI) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,280 shares of the semiconductor provider’s stock, valued at approximately $202,000.
Several other institutional investors and hedge funds also recently made changes to their positions in NXPI. Norges Bank acquired a new position in NXP Semiconductors in the fourth quarter worth about $234,256,000. Cambiar Investors LLC acquired a new position in NXP Semiconductors in the fourth quarter worth about $168,740,000. Brandes Investment Partners LP acquired a new position in NXP Semiconductors in the fourth quarter worth about $122,567,000. Sound Shore Management Inc. CT acquired a new position in NXP Semiconductors in the fourth quarter worth about $101,480,000. Finally, First Trust Advisors LP raised its position in NXP Semiconductors by 1,207.1% in the fourth quarter. First Trust Advisors LP now owns 955,692 shares of the semiconductor provider’s stock worth $70,033,000 after purchasing an additional 882,579 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.
Shares of NXP Semiconductors stock opened at $95.13 on Monday. The company has a current ratio of 1.42, a quick ratio of 1.04 and a debt-to-equity ratio of 0.63. The stock has a market cap of $31.27 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 1.16 and a beta of 1.16. NXP Semiconductors NV has a 1-year low of $67.62 and a 1-year high of $122.24.
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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; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
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