Cambridge Investment Research Advisors Inc. Sells 502 Shares of NXP Semiconductors (NXPI)

Cambridge Investment Research Advisors Inc. reduced its position in NXP Semiconductors (NASDAQ:NXPI) by 5.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,812 shares of the semiconductor provider’s stock after selling 502 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in NXP Semiconductors were worth $1,032,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in NXPI. Schwab Charles Investment Management Inc. increased its stake in NXP Semiconductors by 8.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 125,890 shares of the semiconductor provider’s stock valued at $14,237,000 after buying an additional 10,202 shares during the period. Dimensional Fund Advisors LP increased its stake in NXP Semiconductors by 17.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 11,558 shares of the semiconductor provider’s stock valued at $1,307,000 after buying an additional 1,745 shares during the period. Private Advisor Group LLC increased its stake in NXP Semiconductors by 122.5% in the 3rd quarter. Private Advisor Group LLC now owns 4,183 shares of the semiconductor provider’s stock valued at $477,000 after buying an additional 2,303 shares during the period. AMP Capital Investors Ltd increased its stake in NXP Semiconductors by 1.0% in the 3rd quarter. AMP Capital Investors Ltd now owns 141,928 shares of the semiconductor provider’s stock valued at $16,050,000 after buying an additional 1,423 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in NXP Semiconductors by 95.7% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 82,800 shares of the semiconductor provider’s stock valued at $9,364,000 after buying an additional 40,500 shares during the period. 82.62% of the stock is currently owned by institutional investors.

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Several equities analysts have issued reports on NXPI shares. Zacks Investment Research raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 price objective on the stock in a research note on Saturday, December 23rd. ValuEngine raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Morgan Stanley started coverage on shares of NXP Semiconductors in a research note on Monday, March 19th. They issued an “equal weight” rating and a $127.50 price objective on the stock. Jefferies Group reissued a “hold” rating and issued a $120.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, February 13th. Finally, Mizuho restated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a research report on Thursday, February 8th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $119.12.

Shares of NASDAQ NXPI opened at $113.73 on Friday. The firm has a market cap of $39,666.94, a price-to-earnings ratio of 15.84, a P/E/G ratio of 0.89 and a beta of 0.77. NXP Semiconductors has a one year low of $103.16 and a one year high of $125.93. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.77 and a current ratio of 2.22.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Wednesday, February 7th. The semiconductor provider reported $3.06 EPS for the quarter, topping the consensus estimate of $1.61 by $1.45. The company had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.37 billion. NXP Semiconductors had a net margin of 23.93% and a return on equity of 18.68%. analysts forecast that NXP Semiconductors will post 6.52 EPS for the current year.

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About NXP Semiconductors

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

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

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