TIAA CREF Investment Management LLC trimmed its holdings in NXP Semiconductors (NASDAQ:NXPI) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,323,644 shares of the semiconductor provider’s stock after selling 95,836 shares during the period. TIAA CREF Investment Management LLC owned about 0.39% of NXP Semiconductors worth $154,985,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. AMP Capital Investors Ltd grew its stake in NXP Semiconductors by 1.0% in the third quarter. AMP Capital Investors Ltd now owns 141,928 shares of the semiconductor provider’s stock valued at $16,050,000 after acquiring an additional 1,423 shares during the period. American International Group Inc. lifted its holdings in shares of NXP Semiconductors by 6.5% in the third quarter. American International Group Inc. now owns 39,079 shares of the semiconductor provider’s stock valued at $4,419,000 after purchasing an additional 2,376 shares in the last quarter. Numen Capital LLP lifted its holdings in shares of NXP Semiconductors by 318.8% in the third quarter. Numen Capital LLP now owns 134,000 shares of the semiconductor provider’s stock valued at $12,824,000 after purchasing an additional 102,000 shares in the last quarter. Havens Advisors LLC lifted its holdings in shares of NXP Semiconductors by 42.6% in the fourth quarter. Havens Advisors LLC now owns 113,100 shares of the semiconductor provider’s stock valued at $13,243,000 after purchasing an additional 33,800 shares in the last quarter. Finally, Aries Wealth Management bought a new stake in shares of NXP Semiconductors in the fourth quarter valued at about $301,000. 82.62% of the stock is owned by hedge funds and other institutional investors.
Shares of NXP Semiconductors stock traded down $1.05 on Friday, hitting $113.73. The stock had a trading volume of 3,539,380 shares, compared to its average volume of 3,717,913. NXP Semiconductors has a twelve month low of $103.16 and a twelve month high of $125.93. The company has a current ratio of 2.22, a quick ratio of 1.77 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $39,443.57, a price-to-earnings ratio of 15.84, a PEG ratio of 0.88 and a beta of 0.77.
NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, February 7th. The semiconductor provider reported $3.06 EPS for the quarter, beating the consensus estimate of $1.61 by $1.45. NXP Semiconductors had a return on equity of 18.68% and a net margin of 23.93%. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.37 billion. equities research analysts predict that NXP Semiconductors will post 6.52 earnings per share for the current fiscal year.
NXPI has been the topic of a number of research reports. BidaskClub upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Wednesday, February 21st. Zacks Investment Research lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. Mizuho reiterated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a report on Thursday, February 8th. Needham & Company LLC restated 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, February 1st. Finally, Deutsche Bank started coverage on NXP Semiconductors in a research note on Thursday, March 15th. They issued a “hold” rating and a $127.50 price objective on the stock. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and one has issued a strong buy rating to the company. NXP Semiconductors currently has an average rating of “Hold” and an average price target of $119.12.
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NXP Semiconductors Profile
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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