Montag A & Associates Inc. reduced its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 17.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,770 shares of the semiconductor provider’s stock after selling 4,650 shares during the quarter. Montag A & Associates Inc.’s holdings in NXP Semiconductors N.V. were worth $2,462,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of NXPI. TCI Wealth Advisors Inc. grew its position in shares of NXP Semiconductors N.V. by 4.6% in the second quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock valued at $130,000 after purchasing an additional 52 shares during the last quarter. Picton Mahoney Asset Management bought a new stake in shares of NXP Semiconductors N.V. in the second quarter valued at about $165,000. BT Investment Management Ltd bought a new stake in shares of NXP Semiconductors N.V. in the second quarter valued at about $166,000. Commonwealth Bank of Australia lifted its stake in shares of NXP Semiconductors N.V. by 0.8% in the second quarter. Commonwealth Bank of Australia now owns 1,665 shares of the semiconductor provider’s stock valued at $181,000 after buying an additional 14 shares during the period. Finally, RFG Advisory Group LLC bought a new stake in shares of NXP Semiconductors N.V. in the second quarter valued at about $211,000. 79.96% of the stock is currently owned by institutional investors.

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NXP Semiconductors N.V. (NXPI) traded down $0.25 during midday trading on Tuesday, hitting $115.40. 1,702,505 shares of the stock traded hands, compared to its average volume of 2,748,719. The firm has a market capitalization of $39,344.32, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 1.01 and a beta of 0.85. The company has a current ratio of 2.04, a quick ratio of 1.59 and a debt-to-equity ratio of 0.45. NXP Semiconductors N.V. has a 12 month low of $96.00 and a 12 month high of $118.20.

Several research firms recently weighed in on NXPI. Zacks Investment Research upgraded shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $131.00 target price for the company in a research note on Tuesday, October 31st. Robert W. Baird reiterated a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research note on Friday, October 27th. Jefferies Group LLC set a $115.00 target price on shares of NXP Semiconductors N.V. and gave the company a “hold” rating in a research note on Thursday, October 26th. Sanford C. Bernstein cut shares of NXP Semiconductors N.V. from an “outperform” rating to a “market perform” rating and set a $125.00 target price for the company. in a research note on Thursday, October 26th. Finally, Mizuho reiterated a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research note on Wednesday, October 4th. Seventeen research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $112.57.

NXP Semiconductors N.V. 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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