Commonwealth of Pennsylvania Public School Empls Retrmt SYS Trims Holdings in NXP Semiconductors N.V. (NXPI)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 0.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 282,836 shares of the semiconductor provider’s stock after selling 2,500 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.08% of NXP Semiconductors worth $31,986,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Virginia Retirement Systems ET AL bought a new stake in NXP Semiconductors in the 3rd quarter valued at $5,180,000. Legal & General Group Plc increased its holdings in NXP Semiconductors by 4.9% in the 3rd quarter. Legal & General Group Plc now owns 2,196,121 shares of the semiconductor provider’s stock valued at $248,359,000 after acquiring an additional 101,779 shares during the last quarter. BBT Capital Management LLC increased its holdings in NXP Semiconductors by 27.8% in the 3rd quarter. BBT Capital Management LLC now owns 818,526 shares of the semiconductor provider’s stock valued at $92,567,000 after acquiring an additional 178,000 shares during the last quarter. Numen Capital LLP increased its holdings in NXP Semiconductors by 318.8% in the 3rd quarter. Numen Capital LLP now owns 134,000 shares of the semiconductor provider’s stock valued at $12,824,000 after acquiring an additional 102,000 shares during the last quarter. Finally, American International Group Inc. increased its holdings in NXP Semiconductors by 6.5% in the 3rd quarter. American International Group Inc. now owns 39,079 shares of the semiconductor provider’s stock valued at $4,419,000 after acquiring an additional 2,376 shares during the last quarter. Institutional investors own 77.90% of the company’s stock.

NXP Semiconductors N.V. (NASDAQ NXPI) opened at $114.65 on Monday. NXP Semiconductors N.V. has a 52 week low of $96.00 and a 52 week high of $118.20. 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 company has a market cap of $38,869.68, a PE ratio of 20.11, a P/E/G ratio of 0.99 and a beta of 0.85.

NXPI has been the topic of a number of research reports. Sanford C. Bernstein downgraded shares of NXP Semiconductors from an “outperform” rating to a “market perform” rating and set a $125.00 target price on the stock. in a report on Thursday, October 26th. BidaskClub upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Morgan Stanley boosted their target price on shares of NXP Semiconductors from $110.00 to $117.50 and gave the stock an “equal weight” rating in a report on Monday, August 7th. Jefferies Group LLC set a $110.00 target price on shares of NXP Semiconductors and gave the stock a “hold” rating in a report on Thursday, October 19th. Finally, Zacks Investment Research downgraded shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Seventeen research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $112.57.

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NXP Semiconductors Company Profile

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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