Opera Trading Capital boosted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 184.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,953 shares of the semiconductor provider’s stock after acquiring an additional 49,218 shares during the quarter. Opera Trading Capital’s holdings in NXP Semiconductors were worth $8,590,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of NXP Semiconductors by 3.7% in the first quarter. Vanguard Group Inc. now owns 993,126 shares of the semiconductor provider’s stock valued at $102,789,000 after buying an additional 35,218 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of NXP Semiconductors by 3.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 82,918 shares of the semiconductor provider’s stock valued at $8,583,000 after buying an additional 2,669 shares in the last quarter. Capstone Asset Management Co. acquired a new stake in shares of NXP Semiconductors in the second quarter valued at $923,000. Aperio Group LLC grew its stake in shares of NXP Semiconductors by 24.9% in the second quarter. Aperio Group LLC now owns 60,914 shares of the semiconductor provider’s stock valued at $6,667,000 after buying an additional 12,149 shares in the last quarter. Finally, Exane Asset Management acquired a new stake in shares of NXP Semiconductors in the second quarter valued at $2,342,000. 79.96% of the stock is owned by institutional investors.
A number of equities research analysts have recently weighed in on the company. Mizuho reaffirmed a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors in a research note on Wednesday, October 4th. Zacks Investment Research raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub raised NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors in a research note on Wednesday, October 4th. Finally, Drexel Hamilton reaffirmed a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors in a research note on Thursday, August 3rd. Seventeen investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $112.57.
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NXP Semiconductors (NXPI) traded down $0.14 during trading on Monday, hitting $115.91. The stock had a trading volume of 677,353 shares, compared to its average volume of 2,749,983. NXP Semiconductors has a fifty-two week low of $96.00 and a fifty-two week high of $118.20. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.04 and a quick ratio of 1.59. The stock has a market cap of $39,344.32, a P/E ratio of 20.36, a P/E/G ratio of 1.01 and a beta of 0.85.
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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