Dupont Capital Management Corp Invests $153,000 in NXP Semiconductors NV (NASDAQ:NXPI)

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Dupont Capital Management Corp acquired a new position in shares of NXP Semiconductors NV (NASDAQ:NXPI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,400 shares of the semiconductor provider’s stock, valued at approximately $153,000.

Several other hedge funds have also bought and sold shares of NXPI. Boston Partners boosted its holdings in shares of NXP Semiconductors by 196.1% during the second quarter. Boston Partners now owns 5,020,470 shares of the semiconductor provider’s stock worth $490,104,000 after purchasing an additional 3,324,672 shares during the last quarter. Nuveen Asset Management LLC boosted its holdings in shares of NXP Semiconductors by 581.2% during the second quarter. Nuveen Asset Management LLC now owns 2,665,036 shares of the semiconductor provider’s stock worth $260,134,000 after purchasing an additional 2,273,799 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of NXP Semiconductors by 221.9% during the second quarter. Point72 Asset Management L.P. now owns 2,747,433 shares of the semiconductor provider’s stock worth $268,177,000 after purchasing an additional 1,893,827 shares during the last quarter. PointState Capital LP acquired a new stake in shares of NXP Semiconductors during the second quarter worth $130,046,000. Finally, Scopia Capital Management LP acquired a new stake in shares of NXP Semiconductors during the second quarter worth $87,332,000. Institutional investors and hedge funds own 74.41% of the company’s stock.

Shares of NXP Semiconductors stock opened at $117.62 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.54 and a debt-to-equity ratio of 0.78. The business’s fifty day moving average price is $109.78 and its 200 day moving average price is $101.71. NXP Semiconductors NV has a twelve month low of $67.62 and a twelve month high of $120.03. The stock has a market capitalization of $33.17 billion, a P/E ratio of 19.80, a PEG ratio of 1.48 and a beta of 1.26.

In other NXP Semiconductors news, EVP Keith M. Shull sold 4,569 shares of NXP Semiconductors stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $105.53, for a total value of $482,166.57. Following the completion of the transaction, the executive vice president now directly owns 13,783 shares in the company, valued at $1,454,519.99. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Keith M. Shull sold 4,196 shares of NXP Semiconductors stock in a transaction that occurred on 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 transaction, the executive vice president now owns 9,587 shares of the company’s stock, valued at $1,036,738.18. The disclosure for this sale can be found here.

Several equities research analysts have recently issued reports on NXPI shares. Piper Jaffray Companies set a $120.00 price objective on NXP Semiconductors and gave the stock a “buy” rating in a report on Friday, October 25th. KeyCorp raised their price objective on NXP Semiconductors from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. BMO Capital Markets raised their price objective on NXP Semiconductors to $115.00 and gave the stock a “market perform” rating in a report on Wednesday, October 30th. BidaskClub upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Thursday, September 12th. Finally, Loop Capital set a $130.00 target price on NXP Semiconductors and gave the company a “buy” rating in a report on Thursday, September 26th. Seven equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price 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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