Intrust Bank NA decreased its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 8.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,877 shares of the semiconductor provider’s stock after selling 253 shares during the period. Intrust Bank NA’s holdings in NXP Semiconductors N.V. were worth $315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of NXP Semiconductors N.V. by 2,546.6% in the first quarter. BlackRock Inc. now owns 11,852,113 shares of the semiconductor provider’s stock valued at $1,226,696,000 after buying an additional 11,404,283 shares during the period. OZ Management LP raised its position 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 buying an additional 1,535,998 shares during the period. FIL Ltd raised its position in shares of NXP Semiconductors N.V. by 63.4% in the first quarter. FIL Ltd now owns 3,906,470 shares of the semiconductor provider’s stock valued at $404,320,000 after buying an additional 1,515,559 shares during the period. Renaissance Technologies LLC raised its position 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 buying an additional 1,620,200 shares during the period. Finally, Legal & General Group Plc raised its position in shares of NXP Semiconductors N.V. by 21.4% in the second quarter. Legal & General Group Plc now owns 2,094,342 shares of the semiconductor provider’s stock valued at $229,225,000 after buying an additional 369,485 shares during the period. 78.85% of the stock is owned by institutional investors.

Shares of NXP Semiconductors N.V. (NXPI) opened at 112.31 on Wednesday. The firm has a market cap of $28.27 billion, a PE ratio of 19.94 and a beta of 0.89. The company has a 50-day moving average of $111.01 and a 200 day moving average of $107.05. NXP Semiconductors N.V. has a one year low of $80.13 and a one year high of $113.39.

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NXPI has been the subject of several research analyst reports. Zacks Investment Research raised shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $119.00 target price for the company in a research note on Tuesday, May 9th. BidaskClub raised shares of NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Morgan Stanley increased their target price on shares of NXP Semiconductors N.V. from $110.00 to $117.50 and gave the stock an “equal weight” rating in a research note on Monday, August 7th. Stifel Nicolaus reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V. in a research note on Tuesday, July 4th. Finally, ValuEngine raised shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target 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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