NXP Semiconductors NV (NASDAQ:NXPI) saw unusually-strong trading volume on Thursday . Approximately 6,994,811 shares traded hands during mid-day trading, an increase of 52% from the previous session’s volume of 4,600,033 shares.The stock last traded at $79.63 and had previously closed at $80.68.

Several equities analysts have commented on NXPI shares. Bank of America Corp. cut shares of NXP Semiconductors NV from a “buy” rating to a “neutral” rating in a research report on Monday, June 27th. Raymond James Financial Inc. cut shares of NXP Semiconductors NV from a “strong-buy” rating to an “outperform” rating in a research report on Tuesday, April 19th. Nomura Holdings Inc. reissued a “buy” rating and issued a $100.00 price target on shares of NXP Semiconductors NV in a research report on Wednesday, June 29th. TheStreet cut shares of NXP Semiconductors NV from a “buy” rating to a “hold” rating in a research report on Friday, July 1st. Finally, Zacks Investment Research raised shares of NXP Semiconductors NV from a “sell” rating to a “hold” rating in a research report on Wednesday, April 6th. Four research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $107.03.

The firm has a 50-day moving average of $84.68 and a 200 day moving average of $80.34. The company has a market cap of $20.03 billion and a P/E ratio of 17.85.

NXP Semiconductors NV (NASDAQ:NXPI) last posted its quarterly earnings results on Monday, April 25th. The semiconductor provider reported $1.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.05. Equities research analysts anticipate that NXP Semiconductors NV will post $5.70 EPS for the current fiscal year.

Several hedge funds and institutional investors have bought and sold shares of NXPI. Dimensional Fund Advisors LP acquired a new position in NXP Semiconductors NV during the fourth quarter worth about $9,455,000. Profund Advisors LLC increased its position in NXP Semiconductors NV by 11.4% in the fourth quarter. Profund Advisors LLC now owns 13,464 shares of the semiconductor provider’s stock worth $1,134,000 after buying an additional 1,377 shares during the last quarter. Bailard Inc. acquired a new position in NXP Semiconductors NV during the fourth quarter worth about $2,758,000. Wells Fargo & Company MN increased its position in NXP Semiconductors NV by 15.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,817,987 shares of the semiconductor provider’s stock worth $153,166,000 after buying an additional 237,690 shares during the last quarter. Finally, State of Wisconsin Investment Board increased its position in NXP Semiconductors NV by 121.2% in the fourth quarter. State of Wisconsin Investment Board now owns 263,228 shares of the semiconductor provider’s stock worth $22,177,000 after buying an additional 144,228 shares during the last quarter.

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company’s segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.

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