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.

NXPI has been the subject of several recent research reports. TheStreet raised shares of NXP Semiconductors from a “c+” rating to a “b-” rating in a research report on Wednesday, February 13th. Needham & Company LLC reissued a “buy” rating and issued a $95.00 price target on shares of NXP Semiconductors in a research report on Thursday, January 24th. Deutsche Bank increased their price target on shares of NXP Semiconductors from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. Bank of America reissued a “buy” rating and issued a $125.00 price target (up previously from $105.00) on shares of NXP Semiconductors in a research report on Wednesday, May 1st. Finally, Barclays reissued a “buy” rating on shares of NXP Semiconductors in a research report on Sunday, May 5th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $99.42.

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

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