BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 95.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 82,800 shares of the semiconductor provider’s stock after buying an additional 40,500 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in NXP Semiconductors were worth $9,364,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Elliott Management Corp bought a new stake in shares of NXP Semiconductors during the 2nd quarter valued at about $1,354,313,000. BlackRock Inc. boosted its position in shares of NXP Semiconductors by 59.4% during the 2nd quarter. BlackRock Inc. now owns 18,896,814 shares of the semiconductor provider’s stock valued at $2,068,256,000 after purchasing an additional 7,044,701 shares in the last quarter. Tyrus Capital S.A.M. boosted its position in shares of NXP Semiconductors by 277.8% during the 2nd quarter. Tyrus Capital S.A.M. now owns 4,004,227 shares of the semiconductor provider’s stock valued at $438,263,000 after purchasing an additional 2,944,227 shares in the last quarter. Third Point LLC bought a new stake in shares of NXP Semiconductors during the 2nd quarter valued at about $295,515,000. Finally, York Capital Management Global Advisors LLC boosted its position in shares of NXP Semiconductors by 68.5% during the 2nd quarter. York Capital Management Global Advisors LLC now owns 5,377,282 shares of the semiconductor provider’s stock valued at $588,543,000 after purchasing an additional 2,186,645 shares in the last quarter. Hedge funds and other institutional investors own 82.72% of the company’s stock.

NXPI has been the topic of several research analyst reports. Zacks Investment Research upgraded 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. Stifel Nicolaus restated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a research report on Wednesday, October 4th. KeyCorp restated a “hold” rating on shares of NXP Semiconductors in a research report on Friday, September 8th. Jefferies Group set a $110.00 price target on NXP Semiconductors and gave the stock a “hold” rating in a research note on Thursday, October 19th. Finally, Mizuho reaffirmed a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors in a research note on Wednesday, October 4th. Seventeen investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. NXP Semiconductors has a consensus rating of “Hold” and an average price target of $112.57.

NXP Semiconductors N.V. (NASDAQ NXPI) opened at $115.29 on Monday. 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 capitalization of $39,890.00, a P/E ratio of 20.23, a P/E/G ratio of 1.00 and a beta of 0.82.

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NXP Semiconductors 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.

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

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