NXP Semiconductors N.V. (NASDAQ:NXPI) has been assigned an average recommendation of “Hold” from the twenty analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $111.87.
NXPI has been the subject of a number of research reports. Zacks Investment Research raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Mizuho reissued a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors in a research note on Wednesday, October 4th. Jefferies Group set a $110.00 price objective on NXP Semiconductors and gave the company a “hold” rating in a research note on Thursday, October 19th. Stifel Nicolaus reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a research report on Wednesday, October 4th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a research report on Friday, October 27th.
Shares of NXP Semiconductors (NXPI) traded up $0.33 during trading on Tuesday, reaching $119.58. The company’s stock had a trading volume of 2,027,200 shares, compared to its average volume of 2,500,000. The company has a quick ratio of 1.59, a current ratio of 2.04 and a debt-to-equity ratio of 0.45. NXP Semiconductors has a 12-month low of $96.00 and a 12-month high of $119.70. The firm has a market capitalization of $41,380.00, a PE ratio of 21.16, a PEG ratio of 0.87 and a beta of 0.82.
Several large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of NXP Semiconductors by 59.4% during the second quarter. BlackRock Inc. now owns 18,896,814 shares of the semiconductor provider’s stock valued at $2,068,256,000 after buying an additional 7,044,701 shares during the last quarter. Elliott Management Corp bought a new stake in NXP Semiconductors during the second quarter worth $1,354,313,000. Farallon Capital Management LLC lifted its holdings 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 acquiring an additional 1,520,000 shares during the period. York Capital Management Global Advisors LLC lifted its holdings 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 acquiring an additional 2,186,645 shares during the period. Finally, FIL Ltd lifted its holdings 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 acquiring an additional 506,911 shares during the period. 82.24% of the stock is currently owned by institutional investors.
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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.
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