HBK Investments L P raised its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,858,400 shares of the semiconductor provider’s stock after acquiring an additional 524,967 shares during the quarter. NXP Semiconductors comprises 16.3% of HBK Investments L P’s holdings, making the stock its largest position. HBK Investments L P owned 4.38% of NXP Semiconductors worth $1,739,770,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Fieldpoint Private Securities LLC bought a new position in NXP Semiconductors in the 3rd quarter valued at about $113,000. Risk Paradigm Group LLC raised its holdings in NXP Semiconductors by 92.3% in the 3rd quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock valued at $135,000 after acquiring an additional 572 shares during the period. Horan Capital Advisors LLC. bought a new position in NXP Semiconductors in the 3rd quarter valued at about $136,000. Valeo Financial Advisors LLC raised its holdings in NXP Semiconductors by 931.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,320 shares of the semiconductor provider’s stock valued at $155,000 after acquiring an additional 1,192 shares during the period. Finally, SeaCrest Wealth Management LLC bought a new position in NXP Semiconductors in the 4th quarter valued at about $209,000. 82.82% of the stock is currently owned by hedge funds and other institutional investors.
NXP Semiconductors NV (NXPI) opened at $123.68 on Monday. NXP Semiconductors NV has a fifty-two week low of $102.60 and a fifty-two week high of $125.93. The company has a market cap of $42,502.01, a P/E ratio of 17.54, a PEG ratio of 0.95 and a beta of 0.67. The company has a current ratio of 2.22, a quick ratio of 1.77 and a debt-to-equity ratio of 0.42.
Several research firms have weighed in on NXPI. BidaskClub cut shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Thursday. ValuEngine raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Robert W. Baird reissued a “hold” rating on shares of NXP Semiconductors in a report on Friday, February 23rd. Jefferies Group reissued a “hold” rating on shares of NXP Semiconductors in a report on Tuesday, February 27th. Finally, Zacks Investment Research raised shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $117.00.
NXP Semiconductors 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.
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