LVM Capital Management Ltd. MI Cuts Stake in NXP Semiconductors N.V. (NASDAQ:NXPI)

LVM Capital Management Ltd. MI cut its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 7.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 36,890 shares of the semiconductor provider’s stock after selling 2,985 shares during the period. LVM Capital Management Ltd. MI’s holdings in NXP Semiconductors were worth $4,319,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of NXP Semiconductors by 59.4% in the second quarter. BlackRock Inc. now owns 18,896,814 shares of the semiconductor provider’s stock valued at $2,068,256,000 after purchasing an additional 7,044,701 shares during the period. Elliott Management Corp purchased a new position in NXP Semiconductors during the second quarter worth about $1,354,313,000. Farallon Capital Management LLC boosted its stake in NXP Semiconductors by 31.0% during the second quarter. Farallon Capital Management LLC now owns 6,425,000 shares of the semiconductor provider’s stock worth $703,216,000 after buying an additional 1,520,000 shares during the period. York Capital Management Global Advisors LLC boosted its stake in NXP Semiconductors by 68.5% during the second quarter. York Capital Management Global Advisors LLC now owns 5,377,282 shares of the semiconductor provider’s stock worth $588,543,000 after buying an additional 2,186,645 shares during the period. Finally, FIL Ltd boosted its stake in NXP Semiconductors by 13.0% during the second quarter. FIL Ltd now owns 4,413,381 shares of the semiconductor provider’s stock worth $483,045,000 after buying an additional 506,911 shares during the period. Institutional investors own 82.92% of the company’s stock.

NXP Semiconductors N.V. (NASDAQ:NXPI) traded down $0.68 during trading hours on Friday, reaching $120.62. 2,630,000 shares of the company were exchanged, compared to its average volume of 2,360,000. NXP Semiconductors N.V. has a 1 year low of $98.10 and a 1 year high of $121.50. The company has a current ratio of 2.04, a quick ratio of 1.59 and a debt-to-equity ratio of 0.45. The stock has a market cap of $41,730.00, a price-to-earnings ratio of 21.35, a price-to-earnings-growth ratio of 0.89 and a beta of 0.72.

Several research analysts have recently commented on the stock. Needham & Company LLC reissued a “strong-buy” rating and issued a $130.00 price objective (up previously from $110.00) on shares of NXP Semiconductors in a research note on Thursday. Zacks Investment Research raised shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Thursday. BidaskClub lowered shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Jefferies Group set a $110.00 price objective on shares of NXP Semiconductors and gave the company a “hold” rating in a research note on Thursday, October 19th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and one has given a strong buy rating to the company’s stock. NXP Semiconductors currently has a consensus rating of “Hold” and an average target price of $114.54.

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About NXP Semiconductors

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 (NASDAQ:NXPI)

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