Cigna Investments Inc. New raised its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 84.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 8,361 shares of the semiconductor provider’s stock after buying an additional 3,816 shares during the period. Cigna Investments Inc. New’s holdings in NXP Semiconductors N.V. were worth $915,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NXPI. Strs Ohio boosted its position in NXP Semiconductors N.V. by 50.1% in the first quarter. Strs Ohio now owns 575,000 shares of the semiconductor provider’s stock valued at $59,512,000 after buying an additional 191,900 shares during the last quarter. Narwhal Capital Management boosted its position in NXP Semiconductors N.V. by 26.6% in the first quarter. Narwhal Capital Management now owns 30,995 shares of the semiconductor provider’s stock valued at $3,223,000 after buying an additional 6,520 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its position in NXP Semiconductors N.V. by 87.7% in the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 47,300 shares of the semiconductor provider’s stock valued at $4,895,000 after buying an additional 22,100 shares during the last quarter. Korea Investment CORP boosted its position in NXP Semiconductors N.V. by 1.0% in the first quarter. Korea Investment CORP now owns 190,661 shares of the semiconductor provider’s stock valued at $19,733,000 after buying an additional 1,900 shares during the last quarter. Finally, Havens Advisors LLC boosted its position in NXP Semiconductors N.V. by 17.8% in the first quarter. Havens Advisors LLC now owns 93,100 shares of the semiconductor provider’s stock valued at $9,636,000 after buying an additional 14,100 shares during the last quarter. 75.97% of the stock is owned by institutional investors.

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) opened at 112.20 on Friday. NXP Semiconductors N.V. has a 1-year low of $80.13 and a 1-year high of $113.39. The stock’s 50 day moving average price is $110.22 and its 200-day moving average price is $106.03. The stock has a market capitalization of $28.25 billion, a P/E ratio of 19.93 and a beta of 0.89.

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Several research firms have recently issued reports on NXPI. ValuEngine cut NXP Semiconductors N.V. from a “buy” rating to a “hold” rating in a research note on Tuesday. BidaskClub raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research raised NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research note on Tuesday. Morgan Stanley raised their target price on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the company an “equal weight” rating in a research note on Monday, August 7th. Finally, Mizuho reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V. in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. NXP Semiconductors N.V. currently has an average rating of “Hold” and a consensus target price of $110.97.

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

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