Thompson Investment Management Inc. Has $7.57 Million Position in NXP Semiconductors NV (NASDAQ:NXPI)

Thompson Investment Management Inc. reduced its position in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,384 shares of the semiconductor provider’s stock after selling 2,505 shares during the quarter. NXP Semiconductors accounts for 1.5% of Thompson Investment Management Inc.’s investment portfolio, making the stock its 16th biggest holding. Thompson Investment Management Inc.’s holdings in NXP Semiconductors were worth $7,571,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Nisa Investment Advisors LLC boosted its holdings in NXP Semiconductors by 20.7% in the second quarter. Nisa Investment Advisors LLC now owns 55,480 shares of the semiconductor provider’s stock worth $5,415,000 after purchasing an additional 9,500 shares in the last quarter. CWM Advisors LLC boosted its holdings in NXP Semiconductors by 2.5% during the second quarter. CWM Advisors LLC now owns 5,582 shares of the semiconductor provider’s stock valued at $545,000 after acquiring an additional 135 shares during the period. Nomura Asset Management Co. Ltd. boosted its holdings in NXP Semiconductors by 10.6% during the second quarter. Nomura Asset Management Co. Ltd. now owns 76,599 shares of the semiconductor provider’s stock valued at $7,477,000 after acquiring an additional 7,340 shares during the period. KBC Group NV boosted its holdings in NXP Semiconductors by 38.9% during the second quarter. KBC Group NV now owns 486,341 shares of the semiconductor provider’s stock valued at $47,472,000 after acquiring an additional 136,294 shares during the period. Finally, Providence Capital Advisors LLC boosted its holdings in NXP Semiconductors by 2.0% during the second quarter. Providence Capital Advisors LLC now owns 21,072 shares of the semiconductor provider’s stock valued at $2,057,000 after acquiring an additional 404 shares during the period. 74.41% of the stock is currently owned by institutional investors and hedge funds.

In related news, EVP Keith M. Shull sold 4,196 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $108.14, for a total value of $453,755.44. Following the completion of the sale, the executive vice president now owns 9,587 shares in the company, valued at $1,036,738.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Keith M. Shull sold 4,569 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $105.53, for a total transaction of $482,166.57. Following the completion of the sale, the executive vice president now owns 13,783 shares of the company’s stock, valued at approximately $1,454,519.99. The disclosure for this sale can be found here.

Shares of NASDAQ NXPI traded up $0.22 during mid-day trading on Friday, hitting $117.62. The company had a trading volume of 2,067,100 shares, compared to its average volume of 3,645,942. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.54. The business’s 50-day simple moving average is $109.61 and its 200-day simple moving average is $101.62. NXP Semiconductors NV has a 12 month low of $67.62 and a 12 month high of $120.03. The firm has a market cap of $33.17 billion, a P/E ratio of 19.80, a PEG ratio of 1.48 and a beta of 1.26.

NXPI has been the subject of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and set a $140.00 price target on shares of NXP Semiconductors in a report on Tuesday, October 29th. Sanford C. Bernstein set a $125.00 price target on shares of NXP Semiconductors and gave the company a “buy” rating in a report on Wednesday, September 18th. KeyCorp upped their price target on shares of NXP Semiconductors from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Raymond James initiated coverage on shares of NXP Semiconductors in a report on Monday, August 19th. They set an “outperform” rating and a $115.00 price target for the company. Finally, Evercore ISI upgraded shares of NXP Semiconductors from an “in-line” rating to an “outperform” rating and upped their price target for the company from $110.00 to $125.00 in a report on Monday, July 29th. Seven investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. NXP Semiconductors currently has a consensus rating of “Buy” and an average price target of $119.45.

About NXP Semiconductors

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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