DekaBank Deutsche Girozentrale cut its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 5.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 474,693 shares of the semiconductor provider’s stock after selling 25,023 shares during the period. DekaBank Deutsche Girozentrale’s holdings in NXP Semiconductors N.V. were worth $51,926,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. NF Trinity Capital Hong Kong Ltd increased its position in shares of NXP Semiconductors N.V. by 135.5% in the first quarter. NF Trinity Capital Hong Kong Ltd now owns 150,000 shares of the semiconductor provider’s stock valued at $170,000 after buying an additional 86,296 shares during the period. Welch & Forbes LLC bought a new position in shares of NXP Semiconductors N.V. during the first quarter valued at approximately $204,000. Boston Family Office LLC bought a new position in shares of NXP Semiconductors N.V. during the first quarter valued at approximately $207,000. AQR Capital Management LLC bought a new position in shares of NXP Semiconductors N.V. during the fourth quarter valued at approximately $210,000. Finally, Assetmark Inc. increased its position 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 period. 75.97% of the stock is owned by institutional investors and hedge funds.

Shares of NXP Semiconductors N.V. (NASDAQ NXPI) opened at 112.12 on Friday. The firm’s 50-day moving average is $110.14 and its 200-day moving average is $105.92. NXP Semiconductors N.V. has a 1-year low of $80.13 and a 1-year high of $113.39. The firm has a market cap of $28.23 billion, a P/E ratio of 19.91 and a beta of 0.89.

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Several equities analysts have commented on NXPI shares. Zacks Investment Research upgraded NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a report on Thursday, April 20th. Instinet downgraded NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating and set a $110.00 price target on the stock. in a report on Monday, May 8th. Nomura downgraded NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a report on Monday, May 8th. Mizuho reiterated a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors N.V. in a report on Wednesday, May 31st. Finally, Deutsche Bank AG downgraded 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. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $110.97.

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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