Norris Perne & French LLP MI lifted its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 384.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 70,185 shares of the semiconductor provider’s stock after acquiring an additional 55,689 shares during the quarter. Norris Perne & French LLP MI’s holdings in NXP Semiconductors N.V. were worth $7,937,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of NXPI. TCI Wealth Advisors Inc. lifted its holdings in shares of NXP Semiconductors N.V. by 4.6% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock worth $130,000 after acquiring an additional 52 shares during the last quarter. Picton Mahoney Asset Management acquired a new position in shares of NXP Semiconductors N.V. in the 2nd quarter worth approximately $165,000. BT Investment Management Ltd acquired a new position in shares of NXP Semiconductors N.V. in the 2nd quarter worth approximately $166,000. Commonwealth Bank of Australia lifted its holdings in shares of NXP Semiconductors N.V. by 0.8% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,665 shares of the semiconductor provider’s stock worth $181,000 after acquiring an additional 14 shares during the last quarter. Finally, RFG Advisory Group LLC acquired a new position in shares of NXP Semiconductors N.V. in the 2nd quarter worth approximately $211,000. Hedge funds and other institutional investors own 78.49% of the company’s stock.

Shares of NXP Semiconductors N.V. (NXPI) traded up $1.22 during trading on Monday, hitting $116.24. 4,833,588 shares of the stock traded hands, compared to its average volume of 3,441,337. NXP Semiconductors N.V. has a fifty-two week low of $95.88 and a fifty-two week high of $118.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.59 and a current ratio of 2.04. The firm has a market cap of $38,995.11, a PE ratio of 20.18, a price-to-earnings-growth ratio of 1.00 and a beta of 0.85.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $131.00 target price on the stock in a research note on Tuesday, October 31st. Robert W. Baird reaffirmed a “hold” rating and set 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 stock a “hold” rating in a research note on Thursday, October 26th. Sanford C. Bernstein downgraded shares of NXP Semiconductors N.V. from an “outperform” rating to a “market perform” rating and set a $125.00 target price on the stock. in a research note on Thursday, October 26th. 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 Wednesday, October 4th. Seventeen investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. NXP Semiconductors N.V. presently has a consensus rating of “Hold” and a consensus price target of $112.57.

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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.

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

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