Fore Research & Management LP boosted its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 250.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 70,000 shares of the semiconductor provider’s stock after purchasing an additional 50,000 shares during the quarter. NXP Semiconductors N.V. comprises 3.5% of Fore Research & Management LP’s holdings, making the stock its 5th biggest position. Fore Research & Management LP’s holdings in NXP Semiconductors N.V. were worth $7,661,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. boosted its stake in NXP Semiconductors N.V. by 2,546.6% during the 1st quarter. BlackRock Inc. now owns 11,852,113 shares of the semiconductor provider’s stock valued at $1,226,696,000 after purchasing an additional 11,404,283 shares during the period. Third Point LLC bought a new position in NXP Semiconductors N.V. in the 2nd quarter worth about $295,515,000. Renaissance Technologies LLC increased its stake in shares of NXP Semiconductors N.V. by 155.6% in the first quarter. Renaissance Technologies LLC now owns 2,661,288 shares of the semiconductor provider’s stock valued at $275,443,000 after purchasing an additional 1,620,200 shares during the period. OZ Management LP increased its stake in shares of NXP Semiconductors N.V. by 55.6% in the first quarter. OZ Management LP now owns 4,297,878 shares of the semiconductor provider’s stock valued at $444,831,000 after purchasing an additional 1,535,998 shares during the period. Finally, Farallon Capital Management LLC increased its stake in shares of NXP Semiconductors N.V. by 31.0% in the second quarter. Farallon Capital Management LLC now owns 6,425,000 shares of the semiconductor provider’s stock valued at $703,216,000 after purchasing an additional 1,520,000 shares during the period. Hedge funds and other institutional investors own 78.88% of the company’s stock.

NXP Semiconductors N.V. (NXPI) traded up 0.252% on Tuesday, hitting $113.405. The company’s stock had a trading volume of 474,954 shares. The company has a market capitalization of $28.55 billion, a P/E ratio of 20.139 and a beta of 0.88. The company has a 50 day moving average price of $112.59 and a 200-day moving average price of $108.86. NXP Semiconductors N.V. has a 1-year low of $95.88 and a 1-year high of $113.43.

A number of equities research analysts have recently weighed in on the company. Deutsche Bank AG cut NXP Semiconductors N.V. from a “buy” rating to a “hold” rating and set a $110.00 price target on the stock. in a report on Monday, June 19th. Zacks Investment Research downgraded NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Stifel Nicolaus reissued a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a report on Tuesday, July 4th. Drexel Hamilton reissued a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a report on Thursday, August 3rd. Finally, KeyCorp restated a “hold” rating on shares of NXP Semiconductors N.V. in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $110.97.

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About NXP Semiconductors N.V.

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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