Swiss National Bank decreased its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 19.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,408,929 shares of the semiconductor provider’s stock after selling 331,000 shares during the quarter. Swiss National Bank’s holdings in NXP Semiconductors were worth $137,526,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in NXPI. Covenant Multifamily Offices LLC acquired a new position in shares of NXP Semiconductors in the 1st quarter valued at $25,000. Global Trust Asset Management LLC acquired a new position in shares of NXP Semiconductors in the 2nd quarter valued at $26,000. Next Capital Management LLC acquired a new position in shares of NXP Semiconductors in the 2nd quarter valued at $26,000. Liberty Wealth Management LLC raised its stake in shares of NXP Semiconductors by 5,050.0% in the 1st quarter. Liberty Wealth Management LLC now owns 309 shares of the semiconductor provider’s stock valued at $27,000 after buying an additional 303 shares in the last quarter. Finally, Citizens Financial Group Inc RI raised its stake in shares of NXP Semiconductors by 56.3% in the 1st quarter. Citizens Financial Group Inc RI now owns 358 shares of the semiconductor provider’s stock valued at $32,000 after buying an additional 129 shares in the last quarter. Institutional investors own 75.67% of the company’s stock.

In other news, Chairman Peter L. Bonfield sold 10,000 shares of the company’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $98.36, for a total value of $983,600.00. Following the sale, the chairman now owns 24,404 shares of the company’s stock, valued at approximately $2,400,377.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of NXPI traded up $3.79 during trading hours on Friday, hitting $103.56. The stock had a trading volume of 3,176,700 shares, compared to its average volume of 3,834,109. The company’s fifty day moving average is $99.32 and its two-hundred day moving average is $95.88. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.82 and a quick ratio of 1.44. NXP Semiconductors NV has a 52 week low of $67.62 and a 52 week high of $108.51. The stock has a market capitalization of $32.87 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 1.26 and a beta of 1.26.

NXPI has been the subject of a number of recent research reports. Barclays restated a “buy” rating on shares of NXP Semiconductors in a research note on Sunday, May 5th. Bank of America restated a “buy” rating and issued a $125.00 price objective (up previously from $105.00) on shares of NXP Semiconductors in a research note on Wednesday, May 1st. Stifel Nicolaus set a $105.00 price objective on shares of NXP Semiconductors and gave the company a “hold” rating in a research note on Wednesday, July 31st. ValuEngine cut shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. Finally, Mizuho increased their price objective on shares of NXP Semiconductors from $95.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, May 1st. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $104.44.

NXP Semiconductors Company Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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

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