AMP Capital Investors Ltd lowered its position in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 136,928 shares of the semiconductor provider’s stock after selling 5,000 shares during the quarter. AMP Capital Investors Ltd’s holdings in NXP Semiconductors were worth $16,033,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. BlueCrest Capital Management Ltd purchased a new position in NXP Semiconductors during the fourth quarter valued at $1,895,000. Driehaus Capital Management LLC lifted its position in NXP Semiconductors by 8.7% during the fourth quarter. Driehaus Capital Management LLC now owns 666,598 shares of the semiconductor provider’s stock valued at $78,052,000 after buying an additional 53,117 shares during the period. Highland Capital Management LP lifted its position in NXP Semiconductors by 171.9% during the fourth quarter. Highland Capital Management LP now owns 79,885 shares of the semiconductor provider’s stock valued at $9,354,000 after buying an additional 50,500 shares during the period. Triarii Capital Management LP purchased a new position in NXP Semiconductors during the fourth quarter valued at $7,025,000. Finally, Beryl Capital Management LLC purchased a new position in NXP Semiconductors during the fourth quarter valued at $6,444,000. 82.82% of the stock is owned by institutional investors and hedge funds.
NXPI has been the subject of several recent research reports. BidaskClub raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Zacks Investment Research lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, December 13th. Needham & Company LLC reaffirmed a “strong-buy” rating and issued a $130.00 price target (up previously from $110.00) on shares of NXP Semiconductors in a research report on Thursday, February 1st. Sanford C. Bernstein set a $125.00 price target on NXP Semiconductors and gave the stock a “hold” rating in a research report on Thursday, February 8th. Finally, Mizuho reaffirmed a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors in a research report on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors currently has an average rating of “Hold” and a consensus price target of $117.00.
NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Wednesday, February 7th. The semiconductor provider reported $3.06 EPS for the quarter, topping the consensus estimate of $1.61 by $1.45. NXP Semiconductors had a return on equity of 18.68% and a net margin of 23.93%. The company had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.37 billion. analysts predict that NXP Semiconductors NV will post 6.51 earnings per share for the current fiscal year.
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About NXP Semiconductors
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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