NXP Semiconductors (NXPI) Stake Lowered by Colonial Trust Advisors

Colonial Trust Advisors decreased its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 10.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,810 shares of the semiconductor provider’s stock after selling 2,340 shares during the quarter. Colonial Trust Advisors’ holdings in NXP Semiconductors were worth $2,435,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Gamco Investors INC. ET AL grew its holdings in shares of NXP Semiconductors by 36.5% during the first quarter. Gamco Investors INC. ET AL now owns 78,150 shares of the semiconductor provider’s stock worth $9,144,000 after purchasing an additional 20,900 shares in the last quarter. Redwood Investment Management LLC boosted its stake in NXP Semiconductors by 146.0% in the first quarter. Redwood Investment Management LLC now owns 9,490 shares of the semiconductor provider’s stock worth $1,110,000 after buying an additional 5,633 shares in the last quarter. Marathon Trading Investment Management LLC boosted its stake in NXP Semiconductors by 309.4% in the first quarter. Marathon Trading Investment Management LLC now owns 13,100 shares of the semiconductor provider’s stock worth $1,533,000 after buying an additional 9,900 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in NXP Semiconductors by 13.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 9,974 shares of the semiconductor provider’s stock worth $1,167,000 after buying an additional 1,162 shares in the last quarter. Finally, Kellner Capital LLC boosted its stake in NXP Semiconductors by 9.8% in the first quarter. Kellner Capital LLC now owns 233,401 shares of the semiconductor provider’s stock worth $27,308,000 after buying an additional 20,900 shares in the last quarter. 80.77% of the stock is owned by institutional investors.

Several analysts have issued reports on NXPI shares. BidaskClub raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Wednesday, February 21st. Zacks Investment Research lowered NXP Semiconductors from a “hold” rating to a “sell” rating in a research note on Tuesday, April 17th. Mizuho reaffirmed a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors in a research note on Thursday, February 8th. Needham & Company LLC reaffirmed a “strong-buy” rating and issued a $130.00 target price (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 target price for the company. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. NXP Semiconductors currently has an average rating of “Hold” and a consensus price target of $120.42.

NASDAQ:NXPI opened at $114.65 on Tuesday. The company has a market cap of $38.15 billion, a PE ratio of 15.97, a P/E/G ratio of 0.93 and a beta of 0.81. NXP Semiconductors has a fifty-two week low of $90.83 and a fifty-two week high of $125.93. The company has a quick ratio of 1.68, a current ratio of 2.07 and a debt-to-equity ratio of 0.38.

NXP Semiconductors 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; 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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