Traders bought shares of NXP Semiconductors NV (NASDAQ:NXPI) on weakness during trading hours on Friday. $99.02 million flowed into the stock on the tick-up and $76.11 million flowed out of the stock on the tick-down, for a money net flow of $22.91 million into the stock. Of all equities tracked, NXP Semiconductors had the 3rd highest net in-flow for the day. NXP Semiconductors traded down ($0.27) for the day and closed at $125.44
A number of brokerages have commented on NXPI. Robert W. Baird restated a “hold” rating on shares of NXP Semiconductors in a research note on Friday. BidaskClub upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Wednesday. SunTrust Banks boosted their price objective on NXP Semiconductors to $127.50 and gave the stock a “hold” rating in a research note on Tuesday, February 20th. Jefferies Group restated a “hold” rating and set a $120.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, February 13th. Finally, Zacks Investment Research upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Thursday, February 1st. Sixteen equities research analysts have rated the stock with 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 target price of $117.00.
The company has a market capitalization of $43,106.83, a PE ratio of 17.79, a PEG ratio of 0.96 and a beta of 0.72. The company has a quick ratio of 1.77, a current ratio of 2.22 and a debt-to-equity ratio of 0.42.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Colonial Trust Advisors increased its position in shares of NXP Semiconductors by 58.8% during the fourth quarter. Colonial Trust Advisors now owns 23,150 shares of the semiconductor provider’s stock worth $2,711,000 after acquiring an additional 8,575 shares during the last quarter. Xact Kapitalforvaltning AB increased its position in shares of NXP Semiconductors by 2.5% during the fourth quarter. Xact Kapitalforvaltning AB now owns 66,591 shares of the semiconductor provider’s stock worth $7,797,000 after acquiring an additional 1,594 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in shares of NXP Semiconductors by 4.5% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 86,500 shares of the semiconductor provider’s stock worth $10,128,000 after acquiring an additional 3,700 shares during the last quarter. We Are One Seven LLC purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth about $244,000. Finally, Yorkville Capital Management LLC increased its position in shares of NXP Semiconductors by 46.0% during the fourth quarter. Yorkville Capital Management LLC now owns 43,557 shares of the semiconductor provider’s stock worth $5,100,000 after acquiring an additional 13,726 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors and hedge funds.
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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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