NXP Semiconductors NV (NASDAQ:NXPI) shares saw an uptick in trading volume on Thursday . 6,994,811 shares were traded during 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 brokerages have issued reports on NXPI. TheStreet cut shares of NXP Semiconductors NV from a “buy” rating to a “hold” rating in a research note on Friday, July 1st. Nomura Holdings Inc. reaffirmed a “buy” rating and set a $100.00 target price on shares of NXP Semiconductors NV in a research note on Wednesday, June 29th. Jefferies Group reaffirmed a “buy” rating and set a $130.00 target price on shares of NXP Semiconductors NV in a research note on Tuesday, June 28th. Bank of America Corp. cut shares of NXP Semiconductors NV from a “buy” rating to a “neutral” rating in a research note on Monday, June 27th. Finally, SunTrust Banks Inc. reaffirmed a “buy” rating on shares of NXP Semiconductors NV in a research note on Saturday, June 25th. Four analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. NXP Semiconductors NV has an average rating of “Buy” and an average target price of $107.03.

The firm has a 50 day moving average price of $84.34 and a 200-day moving average price of $80.30. The stock has a market cap of $20.06 billion and a PE ratio of 17.87.

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

Other hedge funds have modified their holdings of the company. Brown Advisory Inc. raised its stake in shares of NXP Semiconductors NV by 8.2% in the fourth quarter. Brown Advisory Inc. now owns 5,615,311 shares of the semiconductor provider’s stock worth $473,091,000 after buying an additional 425,185 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of 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. New York State Common Retirement Fund raised its stake in shares of NXP Semiconductors NV by 1,012.3% in the fourth quarter. New York State Common Retirement Fund now owns 245,711 shares of the semiconductor provider’s stock worth $20,701,000 after buying an additional 223,621 shares during the last quarter. Zweig DiMenna Associates LLC raised its stake in shares of NXP Semiconductors NV by 72.9% in the fourth quarter. Zweig DiMenna Associates LLC now owns 350,684 shares of the semiconductor provider’s stock worth $29,545,000 after buying an additional 147,812 shares during the last quarter. Finally, State of Wisconsin Investment Board raised its stake in shares of 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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