Asset Management One Co. Ltd. Acquires 509,223 Shares of NXP Semiconductors N.V. (NXPI)

Asset Management One Co. Ltd. grew its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 3,838.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 522,491 shares of the semiconductor provider’s stock after purchasing an additional 509,223 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.15% of NXP Semiconductors worth $59,088,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. TCI Wealth Advisors Inc. increased its position in NXP Semiconductors by 4.6% during the second quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock worth $130,000 after acquiring an additional 52 shares during the period. Risk Paradigm Group LLC increased its position in NXP Semiconductors by 92.3% during the third quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock worth $135,000 after acquiring an additional 572 shares during the period. Horan Capital Advisors LLC. bought a new position in NXP Semiconductors during the third quarter worth $136,000. Picton Mahoney Asset Management bought a new position in NXP Semiconductors during the second quarter worth $165,000. Finally, BT Investment Management Ltd bought a new position in NXP Semiconductors during the second quarter worth $166,000. 82.72% of the stock is currently owned by institutional investors.

Shares of NXP Semiconductors N.V. (NXPI) opened at $114.33 on Thursday. NXP Semiconductors N.V. has a 52 week low of $96.00 and a 52 week high of $118.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.59 and a current ratio of 2.04. The firm has a market cap of $38,564.55, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 0.99 and a beta of 0.82.

A number of equities analysts recently issued reports on the stock. BidaskClub raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 target price on the stock in a research report on Tuesday, October 31st. Sanford C. Bernstein downgraded shares of NXP Semiconductors from an “outperform” rating to a “market perform” rating and set a $125.00 price target on the stock. in a research note on Thursday, October 26th. Robert W. Baird reiterated a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors in a research note on Friday, October 27th. Finally, Jefferies Group set a $115.00 price target on shares of NXP Semiconductors and gave the stock a “hold” rating in a research note on Thursday, October 26th. Seventeen analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $112.57.

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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.

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

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