Canyon Capital Advisors LLC reduced its stake in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 2.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 49,494 shares of the semiconductor provider’s stock after selling 1,019 shares during the period. Canyon Capital Advisors LLC’s holdings in NXP Semiconductors NV were worth $5,417,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. TCI Wealth Advisors Inc. lifted its stake in NXP Semiconductors NV by 4.6% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock valued at $130,000 after buying an additional 52 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in NXP Semiconductors NV in the 2nd quarter valued at about $165,000. BT Investment Management Ltd purchased a new position in NXP Semiconductors NV in the 2nd quarter valued at about $166,000. Commonwealth Bank of Australia lifted its stake in NXP Semiconductors NV by 0.8% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,665 shares of the semiconductor provider’s stock valued at $181,000 after buying an additional 14 shares in the last quarter. Finally, RFG Advisory Group LLC purchased a new position in NXP Semiconductors NV in the 2nd quarter valued at about $211,000. Hedge funds and other institutional investors own 78.86% of the company’s stock.
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A number of research analysts have weighed in on the stock. BidaskClub upgraded shares of NXP Semiconductors NV from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. ValuEngine raised shares of NXP Semiconductors NV from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of NXP Semiconductors NV from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Morgan Stanley boosted their price target on shares of NXP Semiconductors NV from $110.00 to $117.50 and gave the stock an “equal weight” rating in a research note on Monday, August 7th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors NV in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, nineteen have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $109.82.
Shares of NXP Semiconductors NV (NASDAQ NXPI) traded up 0.135% during trading on Tuesday, hitting $115.095. 968,346 shares of the stock traded hands. NXP Semiconductors NV has a 1-year low of $95.88 and a 1-year high of $115.68. The company has a market cap of $28.98 billion, a PE ratio of 20.440 and a beta of 0.88. The company has a 50 day moving average of $113.13 and a 200-day moving average of $109.60.
NXP Semiconductors NV 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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