NXP Semiconductors N.V. (NASDAQ:NXPI)‘s stock had its “hold” rating restated by equities researchers at Jefferies Group LLC in a report released on Monday, July 10th. They currently have a $110.00 price objective on the semiconductor provider’s stock. Jefferies Group LLC’s target price would indicate a potential downside of 2.15% from the company’s current price.
Other equities analysts also recently issued reports about the company. Nomura downgraded NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research report on Monday, May 8th. Mizuho reiterated a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Wednesday, May 31st. Instinet downgraded NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research report on Monday, May 15th. Zacks Investment Research downgraded NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, Stifel Nicolaus restated a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors N.V. in a research report on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $110.53.
NXP Semiconductors N.V. (NASDAQ:NXPI) traded up 1.59% during mid-day trading on Monday, hitting $112.42. 5,618,270 shares of the company were exchanged. NXP Semiconductors N.V. has a 12-month low of $80.13 and a 12-month high of $112.79. The stock’s 50 day moving average is $109.54 and its 200-day moving average is $105.36. The company has a market cap of $28.30 billion, a price-to-earnings ratio of 19.98 and a beta of 0.89.
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Several hedge funds have recently modified their holdings of the stock. Welch & Forbes LLC purchased a new stake in shares of NXP Semiconductors N.V. during the first quarter valued at about $204,000. Boston Family Office LLC purchased a new stake in shares of NXP Semiconductors N.V. during the first quarter valued at about $207,000. Assetmark Inc. raised its stake in shares of NXP Semiconductors N.V. by 3.3% in the first quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock valued at $213,000 after buying an additional 66 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of NXP Semiconductors N.V. during the fourth quarter valued at about $210,000. Finally, First Capital Advisors Group LLC. purchased a new stake in shares of NXP Semiconductors N.V. during the second quarter valued at about $239,000. Hedge funds and other institutional investors own 76.83% of the company’s stock.
NXP Semiconductors N.V. Company 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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