J.Safra Asset Management Corp Has $234,000 Holdings in NXP Semiconductors (NASDAQ:NXPI)

J.Safra Asset Management Corp lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 70.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,129 shares of the semiconductor provider’s stock after acquiring an additional 465 shares during the quarter. J.Safra Asset Management Corp’s holdings in NXP Semiconductors were worth $234,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of NXPI. ORG Wealth Partners LLC lifted its holdings in NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after buying an additional 119 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after buying an additional 88 shares in the last quarter. FSA Wealth Management LLC acquired a new position in NXP Semiconductors during the 3rd quarter worth $33,000. Brooklyn Investment Group lifted its holdings in NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after buying an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC lifted its holdings in NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after buying an additional 75 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on NXPI. Evercore ISI dropped their target price on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Mizuho upped their target price on shares of NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. UBS Group dropped their target price on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Wells Fargo & Company began coverage on shares of NXP Semiconductors in a research report on Friday, November 22nd. They set an “overweight” rating and a $250.00 target price for the company. Finally, Stifel Nicolaus dropped their target price on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $267.00.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $211.16 on Wednesday. The firm has a market cap of $53.55 billion, a PE ratio of 21.70, a PEG ratio of 3.01 and a beta of 1.46. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. NXP Semiconductors has a 1-year low of $198.21 and a 1-year high of $296.08. The company has a fifty day moving average price of $215.99 and a 200 day moving average price of $226.68.

NXP Semiconductors Profile

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.