Hudson Edge Investment Partners Inc. Cuts Stake in NXP Semiconductors (NASDAQ:NXPI)

Hudson Edge Investment Partners Inc. reduced its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 33.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 650 shares of the semiconductor provider’s stock after selling 321 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in NXP Semiconductors were worth $135,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Crumly & Associates Inc. lifted its holdings in shares of NXP Semiconductors by 2.0% during the 3rd quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock worth $546,000 after acquiring an additional 45 shares during the period. Ascent Group LLC lifted its holdings in shares of NXP Semiconductors by 0.4% during the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock worth $3,000,000 after acquiring an additional 46 shares during the period. Central Bank & Trust Co. lifted its holdings in shares of NXP Semiconductors by 1.1% during the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock worth $917,000 after acquiring an additional 48 shares during the period. Phillips Wealth Planners LLC raised its holdings in NXP Semiconductors by 4.7% in the third quarter. Phillips Wealth Planners LLC now owns 1,190 shares of the semiconductor provider’s stock valued at $277,000 after buying an additional 53 shares during the period. Finally, Trustmark National Bank Trust Department raised its holdings in NXP Semiconductors by 6.8% in the third quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider’s stock valued at $221,000 after buying an additional 59 shares during the period. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Down 3.8 %

NXPI stock opened at $236.52 on Friday. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $60.11 billion, a P/E ratio of 24.31, a PEG ratio of 3.01 and a beta of 1.46. The firm has a 50 day simple moving average of $214.86 and a 200-day simple moving average of $227.93.

Analyst Upgrades and Downgrades

Several research analysts recently commented on NXPI shares. TD Cowen cut their price target on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a report on Friday, November 8th. Evercore ISI cut their price target on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. JPMorgan Chase & Co. cut their price target on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Morgan Stanley upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $231.00 to $257.00 in a report on Wednesday, February 12th. Finally, Susquehanna cut their price target on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average price target of $267.00.

About NXP Semiconductors

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.